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#rents — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #rents, aggregated by home.social.

  1. That's the difference between the fair deal and fair use approaches to copyright exemptions. Fair deal means that copyright holders can steal from the commons of public knowledge and culture to extract rents for decades. "The public? Who cares about it? WE WANT FREE MONEY FOR DECADES"

    "The Albanese government has explicitly ruled out handing tech companies free rein to mine creative content to train their artificial intelligence models, after a fierce backlash from authors and from arts and media groups.

    The attorney general, Michelle Rowland, will confirm the decision on Monday, shutting the door on a contentious proposal floated by the Productivity Commission and backed by tech companies.

    “Australian creatives are not only world class, but they are also the lifeblood of Australian culture, and we must ensure the right legal protections are in place,” Rowland said.

    The commission sparked outrage in August after its interim report on “harnessing data and the digital economy” suggested granting an exemption to copyright laws that would effectively allow technology companies free access to content to train their AI models.

    Weeks earlier, Scott Farquhar, the co-founder of software giant Atlassian and the chair of the Tech Council of Australia, told the National Press Club that “fixing” the existing restrictions could “unlock billions of dollars of foreign investment into Australia”."

    theguardian.com/technology/202

    #AI #GenerativeAI #Australia #Copyright #FairDeal #IP #Rentism #Rents #IP

  2. #EstateAgents are a classic intermediary #business (you'll recall in the early days of the #internet we were told 'dis-intermediation' was the future trend; it wasn't), so perhaps we shouldn't be surprised that many are expanding their work in the rental sector were #rents are high enough for them to extract their fees & charges.... no wonder rental charges are going up if they're supporting a whole class of intermediaries....

  3. CW: addiction, illness, kesnesianism

    An obsession with 3% growth is an obsession in doubling every 21 years.

    That's a #doubling of either #consumption or #financialisation (read the latter as #monetisation).

    And #monetization is someone (today, disproportionately #BigTech) gaining economic #rents from something.

    Imagine if we had a complete crash and people simply focused on maintaining, preserving and helping.

    This world terrifies #oligarchy.

    They use #keynesianism and #inflation to drain us.