In the early days of Airbnb, many predicted that the company and other sharing economy platforms would “disrupt” capitalism as usual, finally making it work for all stakeholders. But that’s not what happened. Instead, it got us all hooked and then got worse.
AirBNb, uber, lyft are all designed to circumvent existing laws by setting up parallel systems. The companies set themselves up to be the gatekeepers, instead of existing regulatory systems. The enshittification is predictable.
The hardest thing in governance is:
Comprehensively reform a system in place while using it…