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Why do you believe that taking money from the top 10% and gifting it to the bottom would result in innovation? Is is not possible that the bottom 25% is there

by syshum 5y ago

Why do you believe that taking money from the top 10% and gifting it to the bottom would result in innovation? Is is not possible that the bottom 25% is there for a reason, that they failed or their product is not viewed as innovative by the public? I fail to see how this wealth redistribution scheme would be effective or produce the stated outcome. Like most wealth redistribution scheme it is lofty on the goal, but unclear on the results with no objective measurements and not real way to assess its value. It is more a "do it and assume it was successful" program like many government program are

endisneigh 5y ago
Depending on how it's implemented it could result in innovation by reducing the cost for competitors, to well, compete. Tremendously poor companies would still fail, but it would effectively create more breathing room for potentially viable competitors.
echelon 5y ago
> Why do you believe that taking money from the top 10% and gifting it to the bottom would result in innovation? The economics occurring atop the Apple platform should not belong to Apple. Apple created a great product in the iPhone, they slayed the competition, and they have forever positioned themselves as 50+% of American computing. They're making boat loads of profit on hardware sales, accessory sales, first party services and subscriptions. This should not come with the right to tax almost everything happening in mobile computing. Apple is not innovating in the dating space, the gaming space, the business management space, or the productivity space. They are taxing these industries simply because they established themselves as the toll keep of the winning platform. None of these companies cares about Apple. They're only building in Objective-C/Swift/iOS because that's what won the market. They'd be much happier to build for an open web platform, but Apple has artificially knee-capped it. Web apps suck because of Apple. Apple needs to be told by the government this isn't okay. This won't hurt Apple in the slightest. They have a dragon's hoard of cash, will still have the best mobile platform, and have a ton of other incredible revenue streams. They need to let their stranglehold go so that others can grow too. Imagine if the roads were 50% Tesla and Tesla took 30% of every Amazon delivery, every trip to the grocery store, and every date you went on. That's what Apple is doing right now. It sounds absurd because it is.

by syshum 5y ago

endisneigh 5y ago

Depending on how it's implemented it could result in innovation by reducing the cost for competitors, to well, compete. Tremendously poor companies would still fail, but it would effectively create more breathing room for potentially viable competitors.

echelon 5y ago

> Why do you believe that taking money from the top 10% and gifting it to the bottom would result in innovation? The economics occurring atop the Apple platform should not belong to Apple. Apple created a great product in the iPhone, they slayed the competition, and they have forever positioned themselves as 50+% of American computing. They're making boat loads of profit on hardware sales, accessory sales, first party services and subscriptions. This should not come with the right to tax almost everything happening in mobile computing. Apple is not innovating in the dating space, the gaming space, the business management space, or the productivity space. They are taxing these industries simply because they established themselves as the toll keep of the winning platform. None of these companies cares about Apple. They're only building in Objective-C/Swift/iOS because that's what won the market. They'd be much happier to build for an open web platform, but Apple has artificially knee-capped it. Web apps suck because of Apple. Apple needs to be told by the government this isn't okay. This won't hurt Apple in the slightest. They have a dragon's hoard of cash, will still have the best mobile platform, and have a ton of other incredible revenue streams. They need to let their stranglehold go so that others can grow too. Imagine if the roads were 50% Tesla and Tesla took 30% of every Amazon delivery, every trip to the grocery store, and every date you went on. That's what Apple is doing right now. It sounds absurd because it is.