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You do realize the success of the platforms is the result of finding legal loopholes. That's the innovation. What if we are a media publisher but than without
by ralfn 6y ago
You do realize the success of the platforms is the result of finding legal loopholes.
That's the innovation. What if we are a media publisher but than without worker rights and unions? Youtube.
What if we start a hotel franchise but without any regulation or oversight or liability? Airbnb.
What if we start a cab company but make all our employees independent contractors, ignore all regulations and put all liability and legal risk on the independent contractors?
Silicon Valley is nothing but a bunch of young spoiled boys asking themselves the most American business question of all: have you tried slavery yet?
Business model innovations where you make money while someone pays all the costs.
>Is there a “right way” to do this that protects everyone
There is no investment if you do that, because the competitive advantage comes from the stealing. Nobody is investing in technology. Nobody is doing actual R&D. It's all about the viability of the scam. How profitable is this loophole?
We go out of our way to engineer protocols and technology and platforms that make it impossible to do that the right thing (by design). From p2p networks in the 90ties to crypto currencies. From YouTube to Spotify.
It's a dog eat dog world and I'm not here judging any individual. But let's not be naive.
Theft is the plan. Abuse is the strategy. Fortunes are not built on sweat. The people who work hard are the ones you hire to clean our house. The ones that pick our vegetables.
But we at least show the respect to others to not lie about the true nature of the successes of our industry.
- uxcolumbo 6y ago>> We go out of our way to engineer protocols and technology and platforms that make it impossible to do that the right thing (by design). From p2p networks in the 90ties to crypto currencies. From YouTube to Spotify. I don't understand this bit. So are you saying crypto currencies are making it impossible to do the right thing? If so, what do you mean by that?
- ralfn 6y ago>So are you saying crypto currencies are making it impossible to do the right thing? Cryptocurrencies are designed to subvert regulation and oversight. That's the selling point. That current societal infrastructure to protect innocent (sometimes gullible) people from everything from weapons trade or pyramid schemes. If you want to 'make it do the right thing', thats already exists and is your wallet. Thats called money. A ledger with a tax identity. A bank account that requires a legal id. There is no point in burning all this electricity to verify those hashes, except to circumvent regulation and law. I can't start a pyramid scheme and steal money from gullable idiots. Thankfully, an ICO is completely legal (for now). If you want to sell bread to hungry people, use money. If you want to sell guns to a hitman, use a cryptocurrency. Thats why cryptocurrencies are economically viable compared to money. Because they make it harder to apply the laws we voted on democratically, like how you can't sell children for sex. The reason any money out there is investing into cryptocurrency technology, is because of the expectation of moral subserversion of society. Its a not a side effect. Its the bussiness model. What do you think Venture Capital considers some startups worth so much money? Because they see the potential of price dumping and becoming a monopolist. If markets were actually properly regulated to always keep competition alive, people wouldn't be investing millions into apps and websites, they would be investing in actual R&D and hard science. But doing the real work, can never compete, with just plain cheating. You always make more money being the bad guy. Even if a lot of startups have sincere intentions (Facebooks' mission was to connect people, not destroy democracy), the money will chase the decision down.
- deleted 6y ago[deleted]