Those two definitions could work only in a special context and wouldn't be adopted as a widely known word. Cory's definition, though, can work so, because it is

Those two definitions could work only in a special context and wouldn't be adopted as a widely known word. Cory's definition, though, can work so, because it is a coined term for an important sociological phenomenon. About including the essence of meaning into the word, I would propose 'entrapment'. But "enshittification" seems to be a special choice for conveying derogation and evoking attention to the discussion - so called dysphemistic and emphatic swearing (https://en.wikipedia.org/wiki/Profanity#Types https://en.wikipedia.org/wiki/Profanity#Types), and this goal might be more important for the author than that of making the word's meaning obvious from word itself. If 'enshittification' catches on, it will be able to be considered as worthy of attention anyway, and one won't need to use word's lexical clarity to judge its importance.