A bigco techie I was DMing with described the current state of the web as a “tragedy of the commons” (per Wikipedia: “…if many people enjoy unfettered access to a finite, valuable resource, such as a pasture, they will tend to overuse it and may end up destroying its value altogether”).
I think this is actually a better description of now than “enshittification”; because if creative people stop publishing to the web, that depletes the “pasture”. Human creativity & passion is no longer valued.