Hacker News Board Hacker News, browsed like a classic message board
Live data from Hacker News

Apple commits $430B in US investments over five years

apple.com

Post reply on HN
Print view View original

191–200 of 265 posts

Re: Apple commits $430B in US investments over five years

#191

Post by StandardFuture »

RhodoGSA wrote: post #165
warkdarrior wrote: post #161

Earlier quoted context omitted.

> My money SHOULD be worth more tomorrow than it is today. It is very simple why this is not a good policy. Let's say you are a software engineer working on some software product/service. You are working hard on that software, adding features, fixing issues, maintaining it, etc. The buyer pays you $100 today for that software. Tomorrow you release a new version, with lots of upgrades and new capabilities. The buyer f…

Very good point and I think your right. Maybe deflationary pressures on the economy would only lead to more centralization of assets than we already have today. One pedantic point to make though; Technically, that $80 is worth more today so it's not like "Your work is worth less every day". it's the same exact thing in your example.

> One pedantic point

Your point is not pedantic at all and in fact completely negates the other commenters counterpoint made to your initial argument.

The buying power of the entity you are exchanging in has changed -- for everyone. This absolutely does not diminish your work. It is literally equivalent to being paid in many more bitcoin in 2012 versus today.

I am sure there are valid critiques of allowing deflation. But, as of yet a solid one has not been provided in this thread.

It would be interesting to see if anyone can offer other sources or arguments against this pro-savings, deflation-allowable, economy.

Allowing natural volatility into the value of any asset that is traded, including the USD, likely resolves to a more natural equilibrium in the economy, no?

Re: Apple commits $430B in US investments over five years

#192

Post by StandardFuture »

Decabytes wrote: post #146

> Apple is the largest taxpayer in the US and has paid almost $45 billion in domestic corporate income taxes over the past five years alone. They just had to slip this in there. If they were taxed appropriately on the money over seas we would see an additional $10billion. Being the least scummy in a field rife with tax evasion isn't saying much. Also... > Apple’s contributions in the US have significantly outpaced th…

Tax evasion is allowed by the people you elect, and you know it. Any unelected corporation can only be bound by the laws and system that it is a part of.

If you really want to change things then start speaking out against any and all politicians in bed with private actors (for ANY political party, btw) -- not overly-focusing on just "those politicians who disagree with you on abortion" or something else insanely and profoundly silly.

Also, if you really, and I mean truly, despise the way things are then stop complaining on the internet and run for local office? Then if that goes well, run for a higher office? Just an idea. But an idea that the vast majority of us on HN never take seriously.

Re: Apple commits $430B in US investments over five years

#193

Post by SirSourdough »

dcolkitt wrote: post #179
dmode wrote: post #151

Wait, no investment in Miami ? Reading tech twitter, folks already claimed Miami to be the next tech hub

As a Floridian, it's difficult for me to understand why we've done so bad at attracting any sort of tech industry. Five, ten years ago, you could simply say that it's Silicon Valley (or Seattle) or bust. But since then, Austin, Denver, NC, Nova, Portland, Nashville and others have all done a really good job of actually competing with California for tech industry growth. On paper, Florida seems like it should be reall…

I think it’s culture, or at least perceptions of. For the demo that tech companies are trying to attract, I think the perception of Florida is as an older, conservative “place where dreams go to die”. It’s also in the South which I think is seen as a broadly unappealing place to live by a lot of people in the current political climate. Florida especially has garnered negative sentiment from the left since the Bush era, which is most of the lives of the new hires these companies are trying to attract. Add on humidity and poor climate change prospects and I think it’s not as appealing to people.

Re: Apple commits $430B in US investments over five years

#194

Post by dgs_sgd »

warkdarrior wrote: post #161
RhodoGSA wrote: post #144

Earlier quoted context omitted.

My money SHOULD be worth more tomorrow than it is today. Tomorrow the economy is just a tad bit more productive, so my dollar should go further... Why is deflation a curse word nowadays? I feel one of governments only role is to ensure that the dollar is not being debased and slowly losing value of time or atleast at a rate that is known. When the FED prints an unlimited supply of money, it breaks down the social con…

> My money SHOULD be worth more tomorrow than it is today. It is very simple why this is not a good policy. Let's say you are a software engineer working on some software product/service. You are working hard on that software, adding features, fixing issues, maintaining it, etc. The buyer pays you $100 today for that software. Tomorrow you release a new version, with lots of upgrades and new capabilities. The buyer f…

This assumes the new version of the software has no added value from adding new features and fixing bugs, etc.

Even with your assumption suppose you accept their offer. The $80 received should in turn be able to purchase something that was worth $100 dollars yesterday. The nominal value may have gone down but the quantity of goods and services you can buy with it is the same.

Re: Apple commits $430B in US investments over five years

#195

Post by StandardFuture »

perardi wrote: post #28

Let’s run through the possible reasons Apple announced this, with various degrees of cynicism. 1. Getting some good press before Congress decides to do something in regards to the app store model. 2. Apple is reading the winds, seeing that Chinese supply chains may be politically constrained, and preparing for that future. 3. Apple is reading the winds, seeing that Chinese supply chains may be politically constrained…

> app store model

Yes, well we as a developer community can never let up on Apple and Google's app store models being legally reprehensible.

We are quite literally the most negatively affected community by these monopolies over general consumer's devices.

We need to be the "force to be reckoned with" here and constantly petitioning politicians for action else get campaigned AGAINST electronically (our domain).

I would say that the app store model negatively affects a growing "small software business" sector of the economy which will only continue to grow as a stable pillar of the modern middle class.

In other words, this is only becoming that much more of a critically important issue.

Re: Apple commits $430B in US investments over five years

#196

Post by pram »

StandardFuture wrote: post #191
RhodoGSA wrote: post #165

Earlier quoted context omitted.

Very good point and I think your right. Maybe deflationary pressures on the economy would only lead to more centralization of assets than we already have today. One pedantic point to make though; Technically, that $80 is worth more today so it's not like "Your work is worth less every day". it's the same exact thing in your example.

> One pedantic point Your point is not pedantic at all and in fact completely negates the other commenters counterpoint made to your initial argument. The buying power of the entity you are exchanging in has changed -- for everyone. This absolutely does not diminish your work. It is literally equivalent to being paid in many more bitcoin in 2012 versus today. I am sure there are valid critiques of allowing deflation.…

Deflation causes many problems. For starters at a macroeconomic level it reduces money velocity and investment. If people will make a better return just holding onto their money, then they will be more averse to spending it obviously.

Re: Apple commits $430B in US investments over five years

#197

Post by andrewjl »

mrweasel wrote: post #43
ksec wrote: post #31

>Apple’s $430 billion in contributions to the US economy include direct spend with American suppliers, data center investments, capital expenditures in the US, and other domestic spend — including dozens of Apple TV+ productions across 20 states, creating thousands of jobs and supporting the creative industry. I dont like how Apple spin this as investment in the headline, when it is clearly contribution . If you buy…

It reads like they're trying to avoid creating jobs in manufacturing directly, but will instead pick US suppliers and potentially let them hire lower skilled workers. I wouldn't expect this to create that many jobs in manufacturing, it seems more like engineering and creative work, with a promise to prefer US suppliers, assuming they exists.

Yeah that sounds right, although I don't think they ever claimed or even implied that they themselves are creating manufacturing jobs. Even prior PR by them around creating domestic manufacturing jobs was showcasing their suppliers.

Barring a major transformation, I don't see Apple ever operating a factory, whether in the US or overseas.

Re: Apple commits $430B in US investments over five years

#198

Post by syshum »

jimmont wrote: post #189
perardi wrote: post #28

Let’s run through the possible reasons Apple announced this, with various degrees of cynicism. 1. Getting some good press before Congress decides to do something in regards to the app store model. 2. Apple is reading the winds, seeing that Chinese supply chains may be politically constrained, and preparing for that future. 3. Apple is reading the winds, seeing that Chinese supply chains may be politically constrained…

Apple and much US associated supply chains have already been moving away from China. Media is regularly coming up where the side effects are reported, for example the Foxconn contractor in India. The US lacks the infrastructure to leverage talent or capacity domestically. The only thing that will fix this is government policy--otherwise Silicon Valley would have decent transit, no homelessness and California would ha…

>The US lacks the infrastructure to leverage talent or capacity domestically

I dont think infrastructure is the root of our (US) problem. We do have a skills, and talent gap. not just in "tech jobs" like many people think but at factory floor level as well.

Even if they could open the factories tomorrow finding people to fill those jobs will be hard.

Post reply on HN