Tag: Institutional Entropy
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The Great Enshittening
The Great Enshittening delineates a decline in tech companies’ service quality, marked by a shift from user-focused benefits to prioritizing shareholder gains, impacting user trust and market dynamics, and emerging as a notable trend in technology sector analysis.
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Movement, Business, Racket
Eric Hoffer posits that movements, rooted in shared convictions, transition from impassioned origins to organized frameworks, and might ultimately deviate to self-serving rackets. This trajectory, prevalent across time, reveals the nuanced dynamics and potential pitfalls of collective actions.
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Institutional Entropy
Institutional entropy describes the gradual decline in organizational efficiency and purpose over time. Influenced by both internal structures and external forces, the concept highlights the inevitable challenges that institutions face in maintaining order and achieving objectives.