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>We are also going to tax the news, politics, religion, tobacco, alcohol,and gambling platforms I strongly recommend barring these industries altogether and ju
by ethiclub 8y ago
>We are also going to tax the news, politics, religion, tobacco, alcohol,and gambling platforms
I strongly recommend barring these industries altogether and just not 'bothering with them'.
Let's say you are donating to a health charity, and it's coming from tobacco advertising. There may be a net cost to society's health. See here for similar example: http://time.com/3967567/skydiving-for-charity/ http://time.com/3967567/skydiving-for-charity/
Is it profitable to allow tobacco et al into your customer base? Now you have:
- More externalities to map, and more intricate, delicate issues to traverse
- More negative impact to your brand
- More cognitive dissonance in the impact to the world (Is this company really doing 'good'?)
- More complaints, adversaries, protesting against your alliance with those industries
- Less legitimacy as a for-good enterprise
- More resource expenditure on your ethics/review board / policing your product
- Potential lost business from more ethical industries that refuse to partner alongside tobacco / gambling etc.
- Need for change over time (Public opinion on tobacco & gambling will only get worse. Therefore these industries being customers means that there is more trouble lined up in the future, and an inevitable transition to a different client base once public opinion cripples those industries further and further).
At the very least, the opportunity costs make this a poor choice of business model.
>I understand that this idea is very weird. Technically, we would be utilizing a totally new economic platform we are calling Consumer First Economics. However, what is the alternative? Look where our current system has led us!
I think it makes absolute sense - There are benefits in (much of) the free market swinging even further to a distinct Freemium model - I.e at least two tiers:
- Free (subsidized by advertising or higher tiers)
- Paid
Both tiers need to map externalities, minimize negative impact, then offset any remaining issues (e.g. charity dontions).
Both tiers will inevitably need to become more distinct - At the moment, many paid tiers supplement rev with data sales & advertising (e.g. https://news.ycombinator.com/item?id=18277411 https://news.ycombinator.com/item?id=18277411). Hopefully, consumer demand will mature and split these two tiers apart - I.e. we will see less of a hybrid model, and more siloing of advertising & data collection. Consumers would choose between a cheaper car (advertising, data collection) or select the higher tier (a more pricey car, with guarantees by the manufacturer as to anonymity, pure experience, high quality content, no spamming). This does mean that big business is currently digging itself a hole - Many orgs are cementing their reputation. This will be hard to undo in the future if they want to position themselves as high quality/premium. It will be interesting to watch.
>If you live in San Francisco we can meet up for a coffee and discuss things in greater detail. If not, you can always reach me here or directly at josh@freeboxedwater.com.
Ta, emailed. I'm trying to tackle the 'premium' tier while you are working on the 'free' tier.
- FreeWater 8y agoI’m not the biggest fan of tobacco, however we are going to use the same business model to pay people to smoke it! Why? Because I think everyone has the right to make their own decisions and with tobacco we will give 75+% of the profits to donate to creating universal healthcare. If not, people are going to keep smoking anyways and Philip Morris is just gonna pocket the cash. The same for weed and alcohol. We are going to pay people to smoke weed and drink too! The same goes for gambling. These things are always going to be a huge part of society so why not put the majority of that profit to good use? So we’re on the same page, we’re not trying to expand the Free Economy. Consumer First Economics is the next step after. It means we’re always going to aim to give a value beyond free. And our our competitors will have to do the same. Hense all the profit sharing. We’re going this route to accelerate global charitable donations. Once we launch successfully, our competitors are going to have to offer free plus 50% or better. However, we are always going to offer the highest quality products and services, with the highest level of customer service, with the greatest value beyond free. I’ll keep giving more and more profit to society until it becomes a profit less company. That’s where I think the market is headed anyways. Regardless, I’m always available if you want to bounce some ideas back and forth. My passion is to troubleshoot and improve niches.