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> The chief executive officer of Pearson Plc, one of the world’s largest textbook publishers, said he hopes technology like non-fungible tokens and the blockcha
by daniel-thompson 4y ago
> The chief executive officer of Pearson Plc, one of the world’s largest textbook publishers, said he hopes technology like non-fungible tokens and the blockchain could help the company take a cut from secondhand sales of its materials as more books go online.
In their next editions, I hope the economics textbooks these guys publish use this quote as an example of rent-seeking.
- spywaregorilla 4y agoProbably not the Pearson textbooks though
- horsawlarway 4y agoNo fucking joke. We're really entering into a phase where companies seem to be hell bent on extracting as much rent as possible for as little work as possible. Which is the absolute end-game of capitalism if left unchecked and unregulated. Let me guess - Next the book will become a subscription service.
- PenguinCoder 4y agoNext? In some cases, already is. https://plc.pearson.com/en-US/news/introducing-pearson-most-student-and-budget-friendly-college-learning-experience https://plc.pearson.com/en-US/news/introducing-pearson-most-... > Single Tier: $9.99 per month for one Pearson eText
- magnio 4y agoWay ahead of you: https://www.pearson.com/en-us/pearsonplus.html https://www.pearson.com/en-us/pearsonplus.html These publishing companies are the worst.
- AlanYx 4y ago>Let me guess - Next the book will become a subscription service. Pearson is one step ahead of you. Pearson Plus offers "[t]he eTextbook and study tools you need... for only $9.99/mo" (per book, with a 4 month minimum, on up to two devices).
- parkingrift 4y ago>Let me guess - Next the book will become a subscription service. If you think that's funny you should check out eightsleep. They have a literal subscription service for a mattress. We went past parody territory and then lapped it.