2 ms·
Sure, we can certainly agree on that. But can we make it more tangible with an example? Would you argue that AWS, for instance, is a company that produces no
by rmbyrro 5y ago
Sure, we can certainly agree on that.
But can we make it more tangible with an example?
Would you argue that AWS, for instance, is a company that produces no new value?
One might argue they add value, but their price is too high for the value they add. We'd go back to what I've said before: value perceived by a service is subjective and highly dependent on the context.
- HWR_14 5y agoClearly AWS provides a valuable and ongoing service with ongoing costs. I'd contend that the rent seeking aspect would be the difference between AWS's barest bones hosting and their more advanced/expensive offerings once that software (mostly) stops updating. There's not much difference between rent seeking and amortization.