The Future, Now and Then • 198 implied HN points • 09 Dec 25
- Big tech used to treat optimization as the core task, using data and engagement to constantly make products better. That era of relentless improvement has ended.
- Platforms now tolerate degraded user experiences in pursuit of profit and dominance — a shift called enshittification — and high-profile moves like Elon’s changes at Twitter helped prove owners can cut quality without losing control.
- The turn toward enshittification was driven by factors like runaway valuations, crypto and speculative hype, weakened regulation, and billionaire incentives; it probably won’t last forever and may end with a market or AI bubble collapse, but what comes next is uncertain.