Big Tech's Role in the Decline of the Internet, Explained by Cory Doctorow.
In an interview, author Cory Doctorow discusses his new book Red Team Blues, which explores the world of cryptocurrency through a techno-thriller. He also explains how digital platforms like Twitter and Google are making the internet terrible through a specific form of monopoly decay called "enshitification." Doctorow argues that these platforms have a high-speed flexibility that allows them to engage in predatory pricing and acquisition, leading to the extraction of monopoly rents and leaving everyone worse off.