doc55's comments

More like all info(and therefore rent on it) needs to be in the hands of American rent collectors. Its a stupid, late and irrelevent bill because info is not the issue, when info is exploding and overflowing. Attention is the issue. Attention is scarce and finite. It has been so fully exploited it has lost its value entirely. As more things that need Attention dont receive it, systems auto unravel. No Chinese or Russians required. An architecture of Attention allocation is the real need of the hour.

Veblen (of Veblen Goods fame) described it in his Theory of Business Enterprise. Its called a Veblen Dichotomy. As soon as the chimp troupe discovers a new tool/tech/process etc, two groups emerge to handle the consequences. Both play different roles. One is more technical focused, the other resembles a ceremonial class (similar to kings court). Veblen felt with advances in tech the need for a institutional/beauracratic/ceremonial class would diminish with time.

But it hasnt happened yet cause accessing funds, managing finances, building networks, attracting talent, customers, handling competition and conflict while keeping ever growing group size (ie factions and differdnt agendas,needs,values) from breaking apart, requires lot of tactics that tech hasnt fully addressed yet.