Some have figured out how to eliminate Product. It’s called rent-seeking behavior or more recently neo-feudalism. The short version is you organize society such that everyone is required to give you all their money all the time or die. See for example the health insurance industry.
Well, the goal of rent seeking is to collect money, without giving any products or services in return. And without a product, you don’t need a Product team.
Some have figured out how to eliminate Product. It’s called rent-seeking behavior or more recently neo-feudalism. The short version is you organize society such that everyone is required to give you all their money all the time or die. See for example the health insurance industry.
I’m aware of what rent-seeking is. How does that relate to Product and how are companies eliminating it?
Well, the goal of rent seeking is to collect money, without giving any products or services in return. And without a product, you don’t need a Product team.