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> "Rent seeking [...] is an economic concept that occurs when an entity seeks to gain added wealth without any reciprocal contribution of productivity." But im
by hansvm 4y ago
> "Rent seeking [...] is an economic concept that occurs when an entity seeks to gain added wealth without any reciprocal contribution of productivity."
But implicit in "reciprocal contribution of productivity" is "compared to what." After having installed a barrier across a river, productivity increases by charging a fee and lifting that barrier. In that same vein, Warp spending extra development effort to block continued use of something you've already paid for and downloaded to your machine unless you keep giving them money is textbook rent-seeking UNLESS there's some value they're adding by doing so. Admittedly I should have referenced that value rather than their costs, but in practice the two are related because organizations aren't inclined to incur costs without adding value somewhere.
> and is only used by people who have an agenda trying to slander Warp for some reason
That seems like an unnecessary ad hominem. I don't even particularly care that they are rent-seeking. I just don't want to see that term redefined so far that we have to come up with some other name to refer to the same bloody concept, and especially not for the purpose of needlessly bolstering the profits of artificial SAAS. We're all adults here, and anyone who cares is presumably capable of making a proper argument for why rent-seeking is acceptable here rather than trying to redefine the word to brush their payment model under the rug.