“ENSHITTIFICATION (noun, colloquial): the gradual deterioration of a service or product brought about by a reduction in the quality of service provided, especially of an online platform, and as a consequence of profit-seeking”
https://www.macquariedictionary.com.au/word-of-the-year/word-of-the-year-2024/
…used by folks who don’t understand how venture capital/capitalism works to blame individual platforms instead of the system at large.
e.g., Do you think this latest VC-funded platform will enshittify like the others or is it safe to use?