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Here's the similarity. I do think US companies suffer from hacking, just like the music and video industry suffer losses from piracy. I think, however, that th
by _cs2017_ 7y ago
Here's the similarity.
I do think US companies suffer from hacking, just like the music and video industry suffer losses from piracy. I think, however, that the numbers reported are exaggerated beyond belief.
Piracy losses are exaggerated because if you take away free music and movies, most pirates will not pay anyway anywhere close to the amounts they are said to "steal" from the copyright owners.
Hacking losses are exaggerated because the supposed trade secrets are often just a PR gimmick. I've seen all too often how corporate lawyers and executives claim their special unique tech is worth billions, when in fact it's worth very little if anything.
As to whether US companies can do something: sure they can; the whole point of the article is that they care a lot less than one would expect.
- nicodjimenez 7y agoHey my bad for obnoxious comments on my part, it's true that people overvalue IP sometimes in the West. Part of the reason for the reason for China's entrepreneurial success is the fact people borrow ideas from others to move faster.
- deleted 7y ago[deleted]
- nitrogen 7y agoIf you're having a bad day, other commenters on HN are not the best place to take out your frustrations. Let's all be nice to each other here.
- deleted 7y ago[deleted]