The American Dialect Society chose their 2023 word of the year: enshittification.
Here is how platforms die: first, they are good to their users; then they abuse their users to make things better for their business customers; finally, they abuse those business customers to claw back all the value for themselves. Then, they die. I call this enshittification.
Think every social social media company, Google, Amazon, etc.
I first discovered Cory Doctorow eons ago via his unique science fiction novel set in Disneyland, Down and Out in the Magic Kingdom (which he somewhat famously simultaneously traditionally published commercially and also released for free in 2003 under a Creative Commons license, and which has been available for free ever since).
In unrelated news, Doctorow had a nice linkpost and summary of private equity and hospices last year.