this post was submitted on 01 Jun 2026
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Technology

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[–] absquatulate@lemmy.world 14 points 1 hour ago (3 children)

Interesting. I thought companies usually waited until they at least had a good product or cashflow before going for enshittification.

[–] SupraMario@lemmy.world 9 points 56 minutes ago

It is odd that the 3 big players are trying to rush to IPO... probably to dump their shit and cash out before the bag holders have time to sell... I've got a feeling they know it's going to crash soon.

[–] OhNoMoreLemmy@lemmy.ml 7 points 56 minutes ago* (last edited 55 minutes ago)

Got to cash out their shares using your pension fund before they go bankrupt.

[–] matt1126@feddit.uk 6 points 1 hour ago

It’s a speedrun 🙃

[–] wildncrazyguy138@fedia.io 5 points 1 hour ago

I really hope that some of these big players in the AI market will stay private. There are already enough headwinds to them being a force of good in the world without having to report to shareholders of the lowest denominator.

[–] Major_Tsiom@fedia.io 2 points 59 minutes ago

Hmmm, well that can only go really bad or really good for investors, I would think. No middle ground here. It just depends on what the mob does.