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by dv_dt 1113 days ago
I think it's actually been happening on a broad economic scale with different scales of organizations being in different phases. Basically when a nation or company is expanding into new productive capacity without any previous thing there (expansion into vacuum) - things are good, but once one needs to replace entrenched interests then the enshitification starts. This is where the entrenched interests to ensure profits takes precedence to more efficient or productive value creation. IMHO, this can happens at company, industry, and nation level scales. E.g. The US in the 50's was early cycle, now it's in the late cycle with small GDP growth. China was in the expansion into vacuum phase with high GDP growth, and is in the latter stages of that ending.