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I would say enshitification is more specifically about a product or service getting worse itself, whereas they were talking more about the audience. The enshitification had very much likely caused the “facebookification” of Reddit but i would say by their definition they are not one and the same. They can happen independently as well as because of one another.
It’ll still work after end of service. It just won’t connect online afterwards. Which is sad but at least it’ll still be playable unlike another certain open world racing game.