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Well yes, rent seeking is specifically profit from things that don’t create new wealth or contribute to economic productivity.


Most SaaS contribute to economic productivity though. I see the uptime of local services that our IT maintains, let's just say it's not good. By paying a monthly fee for Slack, we get a working communications system which much better uptime than what we could get from self-hosted.

This is very specific contribution in economic productivity, as the company gets no work done when the communications system is down.




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