Voice of American *capitalists* used to the idea of investing capital to generate rent. Maybe AI can rebalance the market of capital and individual labor.
I can't decide if in my life span we did anything beyond the internet to actually make life better as a primary driver of economic growth. it feels like _everything_ is just rent seeking now.
I surprised myself by reading some content without knowing where it came from and it had a position that owning more than one home is hoarding. It dug into the relationship of landlords and buildings providing apartment homes vs single family homes. I'm not going into the whole property is theft part of it but it really struck a chord with me. I have a personal friend who constantly goes on about how great renting properties is and how much money his family makes and it really smacked me in the face how it really shouldn't "be this way".
anyways... we feel this rent seeking everyday with the death-by-a-thousand-papaer-cuts that is SaaS and subscription revenue.
i'm getting tired as i get older and i'm not sure how to make the most of the next ~half of my career and life.
Solar panels, battery storage, micro mobility (partially), quite a few internet driven innovations (wise, free communication, etc etc) the list goes on and on.
The problem is that investment used to be to fund risky businesses with unlimited upside and now a lot gets funded for capture / rent seeking behavior...
Anyway don't know your background but there are plenty of projects to work on that are a net positive
I know people honestly working to make government taxation efficient to help people, but they then take those profits and buy 3-4 houses in lower income communities and rent them out at exorbitant rates once renovated. None of this would be an issues except regulation prevents affordable and non market housing.
I surprised myself by reading some content without knowing where it came from and it had a position that owning more than one home is hoarding. It dug into the relationship of landlords and buildings providing apartment homes vs single family homes. I'm not going into the whole property is theft part of it but it really struck a chord with me. I have a personal friend who constantly goes on about how great renting properties is and how much money his family makes and it really smacked me in the face how it really shouldn't "be this way".
anyways... we feel this rent seeking everyday with the death-by-a-thousand-papaer-cuts that is SaaS and subscription revenue.
i'm getting tired as i get older and i'm not sure how to make the most of the next ~half of my career and life.