It's thought that eventually everything will be commoditized. If there is innovation all thie time in everything; will innovation be commoditized because of a limit to rapidly changing expectations and information overload? Check it out with your local philosphy professor
Otherwise I did like the premise of the essay
Very Nice Work - and thnks for the contribution of docs.
Having read this from a founder point of view its clear to me that neither one side or the other of the transaction has all of the answers. Kind of back to the difference in meaning of "being offered terms", "being given terms" or (my favorite) "coming to terms"
I'll echo the request for a convertable debt document template
Only had time to skim the comments but here's mine anyways.
Your essay has a lot to do with a self perpective and the balance between objectivity and subjectivity in a belief system.
It kind of splits people into two groups Objective and Subjective with a bias towards objective being "better" - smallness of self tends toward objectivity.
Going further, the only two types of people in the world are those that split people into two groups and those that don't