The time TED banned a talk about the fact rich people don't create jobs

[DonKnock]

apple just annoucned they were investing 350 billion and creating over 20,000 jobs over the next 5 years because of tax cuts

Apple unveils plan to repatriate billions in overseas cash, says it will contribute $350 billion to the economy


what do you say to that, genius?

So Apple is proud to announce that they will stop defacto tax evasion now that they can contribute some pennies to the $1.5 Trillion dollar hole that they put us in by demanding such a rate.


Oh and most of that money is going to executives of course.

 

[Reece]

it's the businesses providing the goods and services that creates consumer demand

there was demand for the new iPhone but steve jobs had to invent it and start apple first

When you start a business, do you create a random product and try to find customers for it, or do you try to fulfill a demand that's unmet?

 

[Alpha Male]

When you start a business, do you create a random product and try to find customers for it, or do you try to fulfill a demand that's unmet?

“If I had asked people what they wanted, they would have said faster horses.”

- Henry Ford

 

[Berniewood Hogan]

When you start a business, do you create a random product and try to find customers for it, or do you try to fulfill a demand that's unmet?

"Hmm... I don't need more employees right now. I'll hire some people anyway to do work that doesn't even exist. I'm a good guy like that. Well, hope the customers suddenly want a lot more products, or else this pointless hiring spree is going to cost me."

 

[Berniewood Hogan]

“If I had asked people what they wanted, they would have said faster horses.”

- Henry Ford

"You wanted to give more of your profits to your employees, so we sued you to make you give that money to the shareholders."
-The Dodge Brothers

Dodge v. Ford Motor Co. - Wikipedia.

"And we won, too, you charitable fukk!"
-The Dodge Brothers

 

[ORDER_66]

No, it's true apple stole alot of shyt THAT ALREADY EXISTED... THEY DIDNT CREATE MUCH... all they did is make it flashier and marketing out the ass... Touch screens, cell phones, remote charging, Bluetooth, cmon son...

 

[DEAD7]

“If I had asked people what they wanted, they would have said faster horses.”

- Henry Ford

Well played

 

[Berniewood Hogan]

Well played

it isn't even a real quote, you dumb fukk

Henry Ford, Innovation, and That “Faster Horse” Quote

yes i know i made up two quotes two posts ago, but those reflect a real thing that happened, so they're.... analogous quotes

 

[Alpha Male]

if “consumer demand” is responsible for every great leap in innovation and technology... then tell me @Bollywood Hulk Hogan how much credit are you willing to take personally for the creation of the iPhone?


Do we owe this landmark turning point in technology and communication to Steve Jobs or should we be thanking @Call Me James and @MaliktheRapper for having the desire to purchase something that hadn’t been invented yet?

 

[DEAD7]

it isn't even a real quote, you dumb fukk

Henry Ford, Innovation, and That “Faster Horse” Quote

yes i know i made up two quotes two posts ago, but those reflect a real thing that happened, so they're.... analogous quotes

That’s makes it even better.

 

[DEAD7]

 

[DonKnock]

if “consumer demand” is responsible for every great leap in innovation and technology... then tell me @Bollywood Hulk Hogan how much credit are you willing to take personally for the creation of the iPhone?


Do we owe this landmark turning point in technology and communication to Steve Jobs or should we be thanking @Call Me James and @MaliktheRapper for having the desire to purchase something that hadn’t been invented yet?

You're using an extreme example to obfuscate the point.

When you have a revolutionary product there is going to naturally be demand behind it. But how many revolutionary products come out every year? You can't keep an economy running based only on this type of groundbreaking business.

The iPhone is going to sell regardless, but is Apple creating jobs to the point where there is zero unemployment? No.

And that still doesn't reject the premise that Steve Jobs was anticipating consumer demand rather than creating a product he knew no one would want

"Steve Jobs: 'Some people say, ‘Give customers what they want.’ But that’s not my approach. Our job is to figure out what they’re going to want before they do.'"

Steve Jobs went progressively past current demand to forecast the market in the future. Very few business owners and innovators are capable of this so there must be corrective economic measures in place.


If Steve Jobs had made a rock with an Apple logo on it do you think that he would have reached the heights that he did? No, because there isn't the same demand generation from that as there was a product with usefulness.

 

[Alpha Male]

You're using an extreme example to obfuscate the point.

When you have a revolutionary product there is going to naturally be demand behind it. But how many revolutionary products come out every year? You can't keep an economy running based only on this type of groundbreaking business.

The iPhone is going to sell regardless, but is Apple creating jobs to the point where there is zero unemployment? No.

And that still doesn't reject the premise that Steve Jobs was anticipating consumer demand rather than creating a product he knew no one would want

"Steve Jobs: 'Some people say, ‘Give customers what they want.’ But that’s not my approach. Our job is to figure out what they’re going to want before they do.'"

Steve Jobs went progressively past current demand to forecast the market in the future. Very few business owners and innovators are capable of this so there must be corrective economic measures in place.

what measures do you suggest?

 

[DonKnock]

what measures do you suggest?

A minimum wage that actually accounts for inflation.

Reduction of tax loopholing and offshoring by U.S. companies.

Anti-trust litigation

Improved regulations for industry specific differences (ex. eliminating price insulation for big pharma through patent flipping and barring international drug purchasing)

Single payer healthcare (emphasizes preventative care which saves costs long term)

 

[Berniewood Hogan]

That’s makes it even better.