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I did read the article. Rent only happens when cost is high and supply is constrained. Look at housing. Rent seeking isnt sustainable as compute gets cheaper a
by zer00eyz 3y ago
I did read the article.
Rent only happens when cost is high and supply is constrained. Look at housing. Rent seeking isnt sustainable as compute gets cheaper and cheaper. Access is knowledge, sewing, second hand cars: access is portion of knowledge.
- xg15 3y agoCompanies are increasingly using lock-in strategies too keep their users in their own walled gardens. Apple and Google can collect rent from the entire app economy solely for the privilege of being listed in app stores (while at the same time controlling the rules of that economy and being able to advantage their own offerings). Amazon can do the same with the Amazon marketplace. There is lots of rent seeking going on.
- nobut8 3y ago[dead]
- zer00eyz 3y agoThis just dropped covering OLD IBM's "bundling stratigy", great overview from a great channel https://www.youtube.com/watch?v=rXS6lTYSgCw https://www.youtube.com/watch?v=rXS6lTYSgCw Again, what is NEW about what google/apple are doing vs what IBM did? Nothing really. And for as much as the HN crowed likes to hint at the word monopoly, they are a duolopy, and this isnt the same thing (by a far margin)... for as much as they might look close from a consumer perspective.