This is the best summary I could come up with:

The concept of an economic termite is the cousin to Cory Doctorow’s ‘enshittification’ or Yves Smith’s ‘crapification,’ terms that describe how a platform gradually degrades the quality of its service as it gains market power and gets pushed to extract cash by financiers.

Its expenses are basically running a simple database, its strategy is to hike prices just below what will be noticed, and its method is to have politically connected people like Clinton Justice Department official Jamie Gorelick - who is one of Merrick Garland’s good friends - on its board.

Well, it was due to the last four administrations choosing to ‘privatize’ domain registration to a ‘multi-stakeholder group,’ the Internet Corporation for Assigned Names and Numbers (ICANN), which has a deal with Verisign to allow it to maintain the monopoly.

“I continue to hear stories from all leaders in the industry with aspirations to create a sustainable, human centered built environment, but limited by pricing and poor quality of a single tool (Autodesk).”

As one Wall Street analyst put it in praising the stock, “Like other software suites providing extensive support for customer workflows, ADSK’s offerings can demand premium prices due to their prevailing market dominance.

In 2016, Nielson’s acquired a corporation called Gracenote for $560 million, which provides metadata for movie, music and TV listings for use in user interfaces on cable, satellite, streaming services, automobiles, hotels, and hardware.

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