"Dad, what does it mean to buy something?"
Ok, that last piece was a little over the top, but the rest isn't all that far from where we are now.
Anything that's delivered in a digital form is already licensed and not sold. Music, Movies, Video Games, Books.
Physical goods are moving in that direction too, helped by embedded microcontrollers and software. You can't take ownership of a computer without accepting a whole bunch of restrictions on what you can do, but it gets worse. Want to sell ink cartridges for someone elses printer? Get slapped with a DMCA lawsuit for reverse engineering their faux-DRM. Want to sell an unlicensed game on console? Same thing.
Intellectual Property rights are slowly encroching into all walks of life. Want to post a video of yourself dancing like an idiot to a pop song? Good luck.
Pretty soon baseball bats will come shrink-wrapped with End User License Agreements allowing them to sue you if you use their bat in an unauthorized manner.
Combine the licensing phenomen with the credit phenomenon, and suddenly we don't actually own anything. That house you bought? Technically the bank owns it, and you owe them more than it's worth. That car? Actually, you traded in your last car for less than it was worth to upgrade to this years model, so technically you own less than 0% of that too.
Ownership just isn't for the little people anymore. It's so 2009.
....and follow @cykod on twitter
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