The erosion of the concept of "ownership" continues. Traditionally, goods are subject to the first sale doctrine--once I buy a shirt, it's my property, and if I want to sell or rent it, I can. It's mine. But software is licensed. When I buy a piece of software, I'm actually paying for a limited and revokable right to use someone else's property. And now companies are putting software into more and more goods. As soft…
It's very important to realize that this is a problem that our generation will have to fix, or it will never be fixed. To us, this seems completely unnatural, because we've spent so many years in a world where this type of tech could be truly "owned." However, future generations born in the world of today will be totally accustomed to renting/licensing everything. They won't have the same fiery indignation that we do…
But my cars take me wherever I want to go, my music makes me feel good, my phone helps me in a multitude of ways and my apartment is great and, hopefully, my house will be too. They get the job done.
Is there a risk that the owning party (who sometimes don't even own the stuff they're selling!) can take everything away? Of course. But it's rare enough for me to not worry about. If I can't make my car payments, I've got bigger problems.