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As a product developer, you must understand that products go through waves of evolution as they seek adoption. The things that appealed to early adopters are often not the same that the early majority want. Worse: after getting enough users, teams must optimize for customers (because they often aren’t the same), and after getting $$, they must optimize for investors (value extraction). Cory Doctrow calls this process enshittification, and with the current web2 startup capital model, it’s difficult to avoid. One of the reasons I’m in web3 is I believe that this death cycle could be avoided by using blockchain in a clever way. It remains to be seen if it’s true.
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