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by seiji
4000 days ago
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Our society is moving towards post-ownership. Everything will be as-a-Service. We already see this with code. [X]aaS subscription revenue is more stable than trying to sell direct software then convince people to upgrade to re-up your sales. But, in post-ownership, only those who own capital have income. We end up with two classes: the monied capital owners (who rent out homes/cars/kitchens/software) and the poor people needing to rent from the capital owners (or work from them at an hourly, non-guaranteed rate). The joy of that model is it's so much easier for a wealthy person with a little capital (renting 5 apartments in a city) to take that income and buy more capital (buy 5 new apartments to rent out each year), which restricts the ability for "normal" people to participate in the market by eating the fixed supply. Then, snowballing, your return-on-capital income lets you buy more units faster and faster. You get to remove even more capacity from the public market and you get to turn a scarce housing market into a private money spigot. The age of attracting a 50,000 person factory to your town and filling it with uneducated workers is over. There aren't any future mass-employement systems for unskilled labor that aren't essentially servitude. |
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Very honest.
> Our society is moving towards post-ownership.
Now how a bit more honesty?
What you really mean to say is our society is moving towards an ownership by the few (shareholders, CEOs, boards) who will indenture everyone else through blah-as-a-Service. The code is owned, the capital is owned, the apartments are owned. It's a joyous model... so long as you're on the right side of the ownership line.