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  • Sunday Reads, Watches and Listens...The Enshittification Cycle and Why I Will Pay Twitter $8

Sunday Reads, Watches and Listens...The Enshittification Cycle and Why I Will Pay Twitter $8

Good morning and happy Sunday.

I am on my way back to Phoenix today and just a few bumps and bruises from three days of skiing.  I now realize that after all my time in Arizona and San Diego the last 30 years that at 57 I am not a 'winter' guy.  I do love Aspen though.  

Last night my friend Jim took us to Caribou Club and it was excellent.  As Jim said to me as I explained why I like Aspen so much is there are so many 'layers' to it.  For such a small town it is true.  I love Coronado but it is pretty much a one layer town.  Of course, the one layer is fantastic and part of the charm.

Anyways...you are here for some links so here goes...

I loved 'The Playlist' on Netflix which was inspired by the book Spotify Untold written by Sven Carlsson and Jonas Leijonhufvud. Directed by Per-Olav Sørensen, the series tells a "fictionalized" story of the birth of the Swedish music streaming company, Spotify along with its early challenges.

Steven Spielberg was on Smartless and it was a fun listen.

Why higher interest rates won't cause a big shift of Stocks into Bonds (I would argue it did for me at least for now) is a good read.  

Netflix's new chapter is excellent.  

Finally, I loved this essay titled 'TikTok's Enshittification' which covers all the internet platforms we use, love and hate.  The gist )though the whole essay is great):

Once those performers and media companies are hooked, the next phase will begin: Tiktok will withdraw the "heating" that sticks their videos in front of people who never heard of them and haven't asked to see their videos. Tiktok is performing a delicate dance here: there's only so much enshittification they can visit upon their users' feeds, and Tiktok has lots of other performers they want to give giant teddy-bears to.

Tiktok won't just starve performers of the "free" attention by depreferencing them in the algorithm, it will actively punish them by failing to deliver their videos to the users who subscribed to them. After all, every time Tiktok shows you a video you asked to see, it loses a chance to show you a video it wants you to see, because your attention is a giant teddy-bear it can give away to a performer it is wooing.

This is just what Twitter has done as part of its march to enshittification: thanks to its "monetization" changes, the majority of people who follow you will never see the things you post. I have ~500k followers on Twitter and my threads used to routinely get hundreds of thousands or even millions of reads. Today, it's hundreds, perhaps thousands.

I just handed Twitter $8 for Twitter Blue, because the company has strongly implied that it will only show the things I post to the people who asked to see them if I pay ransom money.

So yes, Elon Musk has gotten me to pay $8 for Twitter Blue.  

Enjoy your Sunday.

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