The concept of enshittification, often referred to as platform decay, describes how two-sided online services diminish in quality over time. Initially, providers offer quality products to attract users, but gradually, they compromise that quality to favor business clients, ultimately leading to a decline in services for both users and businesses to boost short-term profits. A notable example of this is a certain platform where I previously sold records fairly. Now, the excessive fees and mandatory use of a specific payment service make it hardly worthwhile. For instance, after selling a record for £7.58, only £4.96 ended up in my account, resulting in a staggering 34.56% taken in fees. It's quite disappointing, especially since the platform's success relies heavily on its user base. Another marketplace has become a more cost-effective alternative for selling music after eliminating seller fees.
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