The world is moving to subscription based business models from ownership based models.
Buying house -> Renting one
Buying MS Office -> Annual subscription (software-as-as-service)
Buying cars for running a taxi service -> Using someone else's car for a fee (Uber)
Buying seeds -> Pay royalty to Monsanto for seed use (seeds are slightly genetically modified from naturally occurring ones, so they can claim to be engineered and therefore patented. If you then somehow make all natural varieties extinct and you own the only remaining species).
Building a motel/hotel -> Using someone's else house or hotel for a fee
So why not Big Pharma too?
Someone on this site said it once: immunity-as-a-service model for COVID-19 vaccines. Pay your annual fee to upgrade your immunity to the latest threats out there (like the antivirus on your computer).
Think about how much money you make from treating patients indefinitely vs curing them in one shot? Why would you ever release a cure? You'd try to stop any information about non-patentable remedies
AKA "you will own nothing and you will be happy" model.
Economically efficient for sure. Only problem is the owners can choose to terminate service at any point, if they don't like you. What if you have no alternatives?
This is not as economically efficient as capitalism! They just claim it is on CNN.
What this model does is give them power over you. They can live with the lower efficiency.
The problem of service denial has already started in the form of being denied the right to free speech online, but it is most certainly not the only problem with this way of doing things.
The world is moving to subscription based business models from ownership based models.
So why not Big Pharma too?
Someone on this site said it once: immunity-as-a-service model for COVID-19 vaccines. Pay your annual fee to upgrade your immunity to the latest threats out there (like the antivirus on your computer).
Think about how much money you make from treating patients indefinitely vs curing them in one shot? Why would you ever release a cure? You'd try to stop any information about non-patentable remedies
AKA "you will own nothing and you will be happy" model.
Economically efficient for sure. Only problem is the owners can choose to terminate service at any point, if they don't like you. What if you have no alternatives?
This is not as economically efficient as capitalism! They just claim it is on CNN.
What this model does is give them power over you. They can live with the lower efficiency.
The problem of service denial has already started in the form of being denied the right to free speech online, but it is most certainly not the only problem with this way of doing things.