> Is this really a big IF? Software revenue is technically rent (since the cost of production is 0), and that's definitely growing as a fraction of economic act

> Is this really a big IF? Software revenue is technically rent (since the cost of production is 0), and that's definitely growing as a fraction of economic activity. The cost of production [software engineers] is not 0. The labor of maintaining software products [sysadmins] on the internet to perform the distribution is not 0 The cost of distribution [bandwidth] requires extensive infrastructure that the owners charge for. The power, hardware, etc. for the machine is non-0 as well. > rent-seeking is expending resources on political activity to increase one's share of existing wealth without creating wealth. That is the definition I'm used to. So I'm not sure if you can really classify that as a "rent".