Earlier quoted context omitted.
Violence is inherently physical. It is the forceful physical violation of one’s person or property. Trying to expand the definition of “violence” beyond this scope dilutes its meaning beyond recognition and usefulness. However, I will agree it is harmful when a supplier terminates its services, particularly so if you were dependent on that supplier. People make their own choices about who to do business with and how…
> It is the forceful physical violation of one’s person or property. But not all property is physical. And increasingly, our property is just data located in somebody's servers: your Dropbox contents, your Steam games, the money in your online bank account.
Tech giants have as much money and influence as nations
151–160 of 179 posts
Re: Tech giants have as much money and influence as nations
#152So do several religions. As well as mafioso or cartels. I think of these groups as "states-in-waiting." Should their regional government grow too corrupt or too weak, they fill the void. [1] https://www.quora.com/What-is-the-net-worth-of-the-Catholic-... [2] https://fox13now.com/2018/05/30/mormonleaks-lds-church-contr... [3] https://www.thesun.co.uk/news/2660520/joaquin-el-chapo-guzma...
To transition into something resembling a government would not be very on brand for Apple. If anything they seem likely to blast off into space and colonize Mars with all the cash they've mined and stockpiled here.
Re: Tech giants have as much money and influence as nations
#153Earlier quoted context omitted.
Given the amount of money, employees and resources these companies have, you can see that they are becoming and behaving like independent pseudo-nation states. Each of these companies (FAAMNG) apparently are more worth or near worth the GDP of Luxembourg and other developed countries and their businesses are built like an entire economy. There are also do’s and don’ts with some of them i.e rules that one citizen shou…
I understand the GAFAM, but is Netflix even in the same ballpark? (It's also extremely dependent on Hollywood, isn't it?) And Microsoft isn't in the Silicon Valley...
Re: Tech giants have as much money and influence as nations
#154Problem is that states usually have constitutional safeguards that keep a safe balance of power between citizen and state. Not so with these companies. Step out of line and they can unperson you like that, and you can't vote on their leadership. And increasingly entire livelihoods and social existences are tied into them. This is why you're seeing states start to get so aggressive with them. The EU fining billions ou…
Re: Tech giants have as much money and influence as nations
#155Earlier quoted context omitted.
Nokia's woes were on software side, not hardware. Building a competitive software stack proved too slow an undertaking for a hardware company. It was Android in the end that ate Nokia's pie, not Apple.
Also they only took Apple seriously way too late.
Re: Tech giants have as much money and influence as nations
#156Earlier quoted context omitted.
Nokia's woes were on software side, not hardware. Building a competitive software stack proved too slow an undertaking for a hardware company. It was Android in the end that ate Nokia's pie, not Apple.
They swapped to Android too late but honestly I would have seen them turning it around some. Bringing in Stephen Elop to then have Microsoft strangle em some more to push the winphones was what fucked em up more imo.
Re: Tech giants have as much money and influence as nations
#157"Apple’s market valuation is roughly equal to the national net worth of Denmark (...). In all but name, this is a superpower" Denmark is a really nice country. Also, it is not a superpower.
It's also not true. Apples valuation is around $365 billion, Denmarks _GDP_ is around $370 billion per year. I'd argue a sovereign country's assets are essentially invaluable, but in Denmark's case there's the interesting historical fact that the US government offered to buy Greenland several times (and always being rebuffed by the Danes), so at least there's an estimate for the value of that island alone: https://en…
Re: Tech giants have as much money and influence as nations
#158As opposed to the Catholic Church? Oil companies? A number of retailers? Beating up tech companies specifically is getting irksome. There are many things wrong with our industry specifically, but beating them up over something true of many industries is .
Re: Tech giants have as much money and influence as nations
#159Earlier quoted context omitted.
I understand the GAFAM, but is Netflix even in the same ballpark? (It's also extremely dependent on Hollywood, isn't it?) And Microsoft isn't in the Silicon Valley...
It's a play on faang. Which excludes Microsoft because cool people like Paul graham think (wrongly of course, as usual) I that Microsoft is dead
Re: Tech giants have as much money and influence as nations
#160Earlier quoted context omitted.
I understand the GAFAM, but is Netflix even in the same ballpark? (It's also extremely dependent on Hollywood, isn't it?) And Microsoft isn't in the Silicon Valley...
It's a play on faang. Which excludes Microsoft because cool people like Paul graham think (wrongly of course, as usual) I that Microsoft is dead