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I am not disagreeing with you, but imagine if all business were completely open about all those things. Yeah, maybe your particular business would fail, but the

by aflag 6y ago

I am not disagreeing with you, but imagine if all business were completely open about all those things. Yeah, maybe your particular business would fail, but the net result would be the truly most effective business to succeed. Which would be an overall win for society. It would also mean that small players would have more of a chance, because they'd be able to build on big players failures/successes more easily. I suppose counter argument would be that it would inhibit people from taking risks, because the gains would be shared, while the failures would not.

laumars 6y ago
Big businesses will just find ways to circumvent it like starting meeting with a copyrighted poem and arguing that minutes can’t be shared on copyright grounds (or similarly absurd loopholes) which smaller businesses wouldn’t think of doing. Thus big businesses end up getting a greater competitive edge. Basically whatever process you put in place to level the playing field, big businesses will find a way to game it to their advantage because they have the resources to do so and the deep pockets that allow them to take risks.
aardvarkr 6y ago
I’d actually argue that this would have detrimental effects. What’s stopping a company from visiting your site, seeing what’s popular, and stealing it all for themselves?
- aflag 6y ago
  What do you mean by stealing? Other companies could offer the same products you offer already. If they know what people want they will spend resources trying to optimise things based on data, instead of guessing. Some other company may find a better/more efficient way to offer the popular products, which is better for everyone. It's a way to level the playing field. The idea is that, if everyone has access to all the data, then there's more opportunity to make all business more efficient, whereas if some businesses hold information about the market and costumers for themselves, then they get to be sloppier in their implementation because they are already so far in the game.

by aflag 6y ago

laumars 6y ago

Big businesses will just find ways to circumvent it like starting meeting with a copyrighted poem and arguing that minutes can’t be shared on copyright grounds (or similarly absurd loopholes) which smaller businesses wouldn’t think of doing. Thus big businesses end up getting a greater competitive edge. Basically whatever process you put in place to level the playing field, big businesses will find a way to game it to their advantage because they have the resources to do so and the deep pockets that allow them to take risks.

aardvarkr 6y ago

I’d actually argue that this would have detrimental effects. What’s stopping a company from visiting your site, seeing what’s popular, and stealing it all for themselves?

aflag 6y ago
What do you mean by stealing? Other companies could offer the same products you offer already. If they know what people want they will spend resources trying to optimise things based on data, instead of guessing. Some other company may find a better/more efficient way to offer the popular products, which is better for everyone. It's a way to level the playing field. The idea is that, if everyone has access to all the data, then there's more opportunity to make all business more efficient, whereas if some businesses hold information about the market and costumers for themselves, then they get to be sloppier in their implementation because they are already so far in the game.