Bluesky and Enshittification
Two days ago, Cory Doctorow’s daily Pluralistic post showed up in my RSS reader, and the title caught my attention: Bluesky and enshittification. I’ve read a number of his previous posts regarding “enshittification”, a term he coined to refer to a pattern in which online products and services decline in quality, and so I started skimming this article to see what Bluesky had done to catch his attention.
The details are probably not ultimately important for this blog post, but the short version is that Bluesky raised $15M in a series A funding round, led by venture capital fund Blockchain Capital. Many in the fediverse are concerned by the effects venture capital can have on platforms, and are especially skeptical of anyone involved with blockchains (see this article on The Fediverse Report for more details).
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