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First, the manifest failings of [[reg tech]] as we see them present in different ways but boil down to the same thing: ''[[rent-seeking]]''. | First, the manifest failings of [[reg tech]] as we see them present in different ways but boil down to the same thing: ''[[rent-seeking]]''. | ||
Because the provider’s primary interest is its annuity, ''[[iatrogenics|the cure tends, in practice, to be worse than the disease]]''. Furthermore, the [[proprietary]] nature of conventional [[reg tech]] means it is tightly controlled, top-down managed and targeted abstractly at a ''perceived'' demand and an ''anticipated'' future state,<ref>[[Thought leader]]s are no better at predicting the future of [[Legal services delivery|legal services]] than they have been at anything else.</ref> neither of which will necessarily address the exact problem a user is trying to solve, nor continue to cope with it, as that problem develops. Reg | Because the provider’s primary interest is its annuity, ''[[iatrogenics|the cure tends, in practice, to be worse than the disease]]''. Furthermore, the [[proprietary]] nature of conventional [[reg tech]] means it is tightly controlled, top-down managed and targeted ''abstractly'' at a ''perceived'' demand and an ''anticipated'' future state,<ref>[[Thought leader]]s are no better at predicting the future of [[Legal services delivery|legal services]] than they have been at anything else.</ref> neither of which will necessarily address the exact problem a ''specific'' user is trying to solve, nor continue to cope with it, as that problem develops. [[Reg tech]], if not continually maintained, is innately prone to [[planned obsolescence|unplanned obsolescence]]. | ||
==The problem== | ==The problem== | ||
===[[Rent-seeking]]=== | ===[[Rent-seeking]]=== | ||
'''''[[Rent-seeking]]''''' in that no [[reg tech]] provider has figured out a business model for how to be suitably paid, other than by extracting [[rent]]. This they commonly do by reference to the ''value'' their product provides, which they equate to the ''total cost of labour and infrastructure it saves''. | '''''[[Rent-seeking]]''''' in that no [[reg tech]] provider has figured out a business model for how to be suitably paid, other than by extracting [[rent]]. This they commonly do 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 note the resemblance of this notion to the [[labour theory of value]] — that the economic value of a service is equals the total amount of labour required to produce it — or in this case, that | Historians, and lovers of crushing irony, will note the resemblance of this notion to the [[labour theory of value]] — that the economic value of a service is equals the total amount of labour required to produce it — or in this case, that you would have to hire to produce it ''without this new piece of kit''. Why “ironic”? Because it is odd to hear a bedrock intellectual foundation of ''Marxism'' babbling from the mouths of small-time [[rentier capitalist]]s, that’s why. | ||
Cynics might wonder how these [[reg tech]] [[thought leader]]s can ''know'' how much money their technology will save, and how much time they have spent calculating the indirect costs of its implementation. | Cynics might wonder how these [[reg tech]] [[thought leader]]s can ''know'' how much money their technology will save, and how much time they have spent calculating the indirect costs of its implementation. | ||