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We’re yet to find a [[reg tech]] provider whose business model does not involve ''extracting [[rent]]''. This they commonly justify by reference to the ''value'' their product provides, which they equate to the ''total cost of labour and infrastructure it saves''. Historians, and lovers of crushing irony, will enjoy how this resembles the [[labour theory of value]], in that they equate the value of their service to the net amount of labour it requires — or in this case “saves”. | We’re yet to find a [[reg tech]] provider whose business model does not involve ''extracting [[rent]]''. This they commonly justify by reference to the ''value'' their product provides, which they equate to the ''total cost of labour and infrastructure it saves''. Historians, and lovers of crushing irony, will enjoy how this resembles the [[labour theory of value]], in that they equate the value of their service to the net amount of labour it requires — or in this case “saves”. | ||
You might ask how they could know. You might also ask what you gain by cutting the wage bill of some school-leavers in Sarajevo, if you are paying most of | You might ask how they could know. You might also ask what you gain by cutting the wage bill of some school-leavers in Sarajevo, if you are paying most of what you save away to a guy in Old Street for code he bought from some school-leavers in Bucharest. Especially if it means he can then intermediate your process for the hereafter, adding nothing but the cheerful chime of a clipped ticket each time his machine spits out another document, or while each one collects dust on his server?<ref>This is called “hosting” and it seems to be a cash cow. But aren’t terabytes of data storage, like, ''pennies'' these days?</ref> | ||
Forgive us for being underwhelmed, but wasn’t the promise of the [[Information technology|information revolution]] something ''grander'' than that? Weren’t things meant to be ''free'', not just ''marginally cheaper but a lot more complicated''? | Forgive us for being underwhelmed, but wasn’t the promise of the [[Information technology|information revolution]] something ''grander'' than that? Weren’t things meant to be ''free'', not just ''marginally cheaper but a lot more complicated''? | ||