Do you think e.g. the AI/LLM boom is all rent seeking? Do you think there's no positive value for the world on the recently announced e.g. MacBook Neo and that it's purely a monopolistic activity? Those are 2 clear recent examples of big players making massive benefits for the world, and I'm okay if they get X% of that value as company valuation.
Wait what's a new laptop doing to push the needle exactly? Genuinely curious
Macbook Neo is just another laptop. There is nothing "massive benefits for the world" in the context you are trying to put it. And doesn't Apple take close to a third in 'rent' for anything on their platform?
Not at all. OpenAI / Anthropic are producing tons of surplus value right now! Not to mention how great the Chinese open source LLMs are. And Apple's hardware division has always been fine.
Apple's 30% tax for payments in apps is the ultimate rent seeking example though. Want to install your own apps, lol you can't. And if big AI companies follow in the steps of Google/Facebook it's bad for everyone. Let's recognize it and prevent it from happening this time.