this post was submitted on 25 Oct 2024
153 points (99.4% liked)

Asklemmy

43940 readers
477 users here now

A loosely moderated place to ask open-ended questions

Search asklemmy ๐Ÿ”

If your post meets the following criteria, it's welcome here!

  1. Open-ended question
  2. Not offensive: at this point, we do not have the bandwidth to moderate overtly political discussions. Assume best intent and be excellent to each other.
  3. Not regarding using or support for Lemmy: context, see the list of support communities and tools for finding communities below
  4. Not ad nauseam inducing: please make sure it is a question that would be new to most members
  5. An actual topic of discussion

Looking for support?

Looking for a community?

~Icon~ ~by~ ~@Double_[email protected]~

founded 5 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[โ€“] [email protected] 2 points 4 weeks ago (1 children)

Sure sounds like labour to me.

Yes, my labor, which resulted in passive income. Nobody is saying that passive income is a magical thing which you just acquire without effort. You invest the effort, and then you sit back and reap the rewards.

[โ€“] [email protected] 5 points 4 weeks ago (1 children)

By your definition game development (in the old style) is also passive income... so is art... so is building a house or a car or pretty much any form of manufacturing.

These activities all involve building something with no promise of selling it - then trying to find a buyer... in each case you, the producer, are investing up front in a venture which may or may not succeed and then hoping someone will pay you for it.

[โ€“] [email protected] 2 points 4 weeks ago* (last edited 4 weeks ago)

Homebuilding would be active income, since you can only sell each house once. Game development would be a good example for someone like the Minecraft creator. He invested a bunch of time creating this cool game, and then he sat back and got rich. It's passive at that point (assuming no maintenance, bug fixes, etc.), since he continues to gain sales, despite only doing the work once. The digital realm is full of opportunities for passive income, or at least it used to be. Corporations have essentially shoved individual creators out of the market.

Edit: I'm aware that the Minecraft creator sold the game, but was using his earlier experiences as an example. I read an interview with him once and he said "I think I was already rich by the time I thought 'holy shit, I'm going to be rich!'".