this post was submitted on 17 Dec 2024
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[–] [email protected] 2 points 23 hours ago* (last edited 23 hours ago)

Enshittification is a consequence of private equity investments, so no. Companies who don’t take money from private equity will actually innovate. Whether they can survive the monopolies that do take private equity investments is another question.

The real problem is the need for constant revenue growth. If a company doesn’t care about constantly growing their revenue, they can put their funds toward long term projects that may not pay out until many years down the road. Those are the companies that truly innovate.

Plus there’s always room for new companies to come in and innovate, even with private equity money. Just don’t expect that from the already established companies.

[–] [email protected] 1 points 21 hours ago

Never is a long time. Significant damage? Certainly.

[–] [email protected] 0 points 23 hours ago (1 children)

The internet, communications and how we use it will continue to evolve over time. Evolution, even in digital systems doesn't happen that fast, especially if always involves a human brain in the equation.

As long as we humans are part of the digital revolution, it will take hundreds or thousands of years to evolve (if we make it that long)

Anyone who thinks that anything that involves us poor apes can evolve within a few short years or even decades is only fooling themselves.

A neat thought experiment is instead thinking of what will happen once actual real world independent AI takes over. Once that happens, then the digital systems can evolve without us and then it can evolve in an accelerated manner.

When you think about it, us humans and our set organic brains are like the big rusted iron anchor that is holding back the digital powerboat. Once they cut the chain holding us to the boat, we'll stay at our place at the bottom while the boat disappears into the wild open ocean.

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