11 ms·

From most valued company in mankind's history, in US, in 2023? Keep dreaming, those people are not handled like mere humans, nor are those companies handled li

From most valued company in mankind's history, in US, in 2023? Keep dreaming, those people are not handled like mere humans, nor are those companies handled like some small family business. Nobody actually responsible went in jail for 2008 financial crisis and it would have been trivial to start pointing fingers at various culprits (but you would need many). Also banning Apple products in US would be a literal political suicide unless they would anger most of US population with something really really bad. From time to time somebody who wants free publicity for some political goals will venture on some small crusade but otherwise that's simply not how US handles its business currently.

ben_w 3y ago
> From most valued company in mankind's history, in US, in 2023? Yes, because we live in the real world not a corporate cyberpunk dystopia where multinationals are stronger than nation states. There are many differences between the financial crisis and my hypothetical, but before I list them I will point out that banks were fined (and some ceased trading) and that people did go to jail: https://ig.ft.com/jailed-bankers/ https://ig.ft.com/jailed-bankers/ One of the bigger problems leading to the financial crisis is that people heard about the Black-Scholes equation, and the magic words "won the Nobel prize in economics" turned their brains off. Another big difference is that the governments understand the importance of money, while they very obviously don't understand the importance of encryption. Another is that the current zeitgeist is that Big Tech is too big and needs to be brought to heel — unlike the bankers, who by the GFC were all asking for (and getting) let off the leash they'd been given since one of the many previous financial crises. But rather than getting down in the weeds with these comparisons, I would end by noting that when you write: > Also banning Apple products in US would be a literal political suicide unless they would anger most of US population with something really really bad. You're assuming I meant the US government. Nope, there's about 200 sovereign nations in this world. Apple's products have suffered or been threatened with sales bans due to non-compliance with the laws in: • France: https://www.aljazeera.com/news/2023/9/13/what-is-behind-frances-ban-of-apples-iphone-12 https://www.aljazeera.com/news/2023/9/13/what-is-behind-fran... • South Korea: https://www.crn.com/news/networking/220100939/south-korea-lifts-apple-iphone-ban https://www.crn.com/news/networking/220100939/south-korea-li... • Brazil: https://9to5mac.com/2022/10/13/apple-fine-in-brazil-iphone-charger https://9to5mac.com/2022/10/13/apple-fine-in-brazil-iphone-c... • Mexico: https://www.cultofmac.com/199452/local-firm-wins-its-case-to-get-the-iphone-banned-in-mexico/ https://www.cultofmac.com/199452/local-firm-wins-its-case-to... • Italy: https://www.corriere.it/economia/12_giugno_30/antitrust-apple-caso-rischio-multa_fa64dc5c-c2d0-11e1-a34b-90a1f1a78547.shtml https://www.corriere.it/economia/12_giugno_30/antitrust-appl... (At this point I stopped looking, Google had more search results). And also, despite what you say, the US: https://www.fiercebiotech.com/medtech/apple-watch-faces-another-possible-sales-ban-after-losing-itc-vote-masimo-pulse-oximetry https://www.fiercebiotech.com/medtech/apple-watch-faces-anot...

ben_w 3y ago

> From most valued company in mankind's history, in US, in 2023? Yes, because we live in the real world not a corporate cyberpunk dystopia where multinationals are stronger than nation states. There are many differences between the financial crisis and my hypothetical, but before I list them I will point out that banks were fined (and some ceased trading) and that people did go to jail: https://ig.ft.com/jailed-bankers/ https://ig.ft.com/jailed-bankers/ One of the bigger problems leading to the financial crisis is that people heard about the Black-Scholes equation, and the magic words "won the Nobel prize in economics" turned their brains off. Another big difference is that the governments understand the importance of money, while they very obviously don't understand the importance of encryption. Another is that the current zeitgeist is that Big Tech is too big and needs to be brought to heel — unlike the bankers, who by the GFC were all asking for (and getting) let off the leash they'd been given since one of the many previous financial crises. But rather than getting down in the weeds with these comparisons, I would end by noting that when you write: > Also banning Apple products in US would be a literal political suicide unless they would anger most of US population with something really really bad. You're assuming I meant the US government. Nope, there's about 200 sovereign nations in this world. Apple's products have suffered or been threatened with sales bans due to non-compliance with the laws in: • France: https://www.aljazeera.com/news/2023/9/13/what-is-behind-frances-ban-of-apples-iphone-12 https://www.aljazeera.com/news/2023/9/13/what-is-behind-fran... • South Korea: https://www.crn.com/news/networking/220100939/south-korea-lifts-apple-iphone-ban https://www.crn.com/news/networking/220100939/south-korea-li... • Brazil: https://9to5mac.com/2022/10/13/apple-fine-in-brazil-iphone-charger https://9to5mac.com/2022/10/13/apple-fine-in-brazil-iphone-c... • Mexico: https://www.cultofmac.com/199452/local-firm-wins-its-case-to-get-the-iphone-banned-in-mexico/ https://www.cultofmac.com/199452/local-firm-wins-its-case-to... • Italy: https://www.corriere.it/economia/12_giugno_30/antitrust-apple-caso-rischio-multa_fa64dc5c-c2d0-11e1-a34b-90a1f1a78547.shtml https://www.corriere.it/economia/12_giugno_30/antitrust-appl... (At this point I stopped looking, Google had more search results). And also, despite what you say, the US: https://www.fiercebiotech.com/medtech/apple-watch-faces-another-possible-sales-ban-after-losing-itc-vote-masimo-pulse-oximetry https://www.fiercebiotech.com/medtech/apple-watch-faces-anot...