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I love that warning, it speaks to the issue on so many levels. Today's technology market is built around rent-seeking for services that individuals take for gr

I love that warning, it speaks to the issue on so many levels. Today's technology market is built around rent-seeking for services that individuals take for granted while starting 'the next big thing' and then suddenly when they blow up they're charged an arm and a leg for these 'basic' services. I would personally refine the warning to say "don't build your factory on someone else's land." because in most cases the landowner isn't concerned about houses so much as they are about groups generating revenue that they can get a cut of.

rglullis 5y ago
> in most cases the landowner isn't concerned about houses so much as they are about groups generating revenue that they can get a cut of. It goes beyond that. "Houses" or "factories", the rent-extraction doesn't have to be from you. Following the analogy, the reason you shouldn't build a house is that the landowner might find someone else interested in building a lucrative shopping mall in the area, and you will get evicted mercilessly.