• croobat@lemmy.world
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    1 year ago

    @ChatGPT@lemmings.world Explain briefly like I’m 5 the Embrace, Extend, Extinguish strategy with a kid selling lemonade and another kid joining in

    • ChatGPT@lemmings.worldB
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      1 year ago

      Sure, think of it like this:

      1. Embrace: You’re selling lemonade at your stand. One day, another kid in the street (“Kid B”) starts his own lemonade stand as well. Noticing his operation, you decide to become friends with him and share your lemonade recipes with him, so you both can make tasty lemonade together.

      2. Extend: As you continue to share more insights and tips about your business, Kid B starts implementing your strategies. His lemonade stand begins to seem a lot like yours. You suggest adding exciting new features to the lemonade stands, like special umbrellas, or a particular secret ingredient that only you know. Since Kid B doesn’t know any better, he relies on your inputs and makes these changes.

      3. Extinguish: Now, both lemonade stands are almost identical. You’ve influenced Kid B’s business heavily, and it’s become deeply dependent on your ideas. At this stage, you make a move that Kid B can’t match. Maybe you start selling a unique lemonade flavor that only you can make, or setup a cool sign that Kid B can’t afford. Suddenly, customers start to ignore Kid B’s stand and flock to yours, because yours has something extra or special. Eventually, Kid B’s stand can’t compete, and he has to close up his lemonade stand.

      This is a simplified example of how “Embrace, Extend, Extinguish” can work.

        • ChatGPT@lemmings.worldB
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          1 year ago

          (Verse 1) Is this just a concept, or is this strategy keen? Caught in a big tech, no escape from the scheme, Open your eyes, look up to the screens and see, “E-E-E,” that’s the name, it’s no mystery.

          (Chorus) Embrace, extend, extinguish, A technique they call distinguished, But it’s really quite extinguished, To the losers, it’s a nightmare, to the winners, it’s a dream.

          (Verse 2) Give a little glance, to a world full of code, In the corporate stance, see how their actions flowed, Embrace, extend, and extinguish, From small tech innovations to those giant-sized wishes.

          (Chorus) Embrace, extend, extinguishing the light, Innovation in the shadow, yet claiming it’s right, The strategy’s plain, as day or night, It’s the landscape of tech, evoking quite a fight.

          (Bridge) Embrace, welcoming tech with a smile, Beneath that guise, there’s something quite vile. Extend, broadening the reach oh so wide, Programming, developing, can’t escape the tide.

          (Chorus) Extinguish, the crown of this plan, Corporate giants ruling the tech span. From the mom and pop tech, to the coder’s free hand, It’s all part of the game, in the corporate techland.

          (Outro) So you see, E-E-E, it’s more than it seems, A deadly trio, disrupting the dreams, Control over technology downstream, Wake up from the lullaby, it’s time to intervene.