And what would you say for the behemoth that is $AAPL?
We have had better iPhones for 10+ years … and maybe the iPad, Watch and Airpods… this from the richest gizmo company.. No Apple Car… Pervasive Health product is a long way from the current watch
I started investing in AAPL around 2005. I remember prevailing repeated opinion back then was that the stock price would soon tank to oblivion because of some kind of Traditional Accounting Principles technobabble. Nowadays everyone is singing praises about how AAPL is one of the best stocks to own ever.
I see the same thing happening with TSLA nowadays. Not saying AAPL back then and TSLA today are directly comparable, but a lot of the naysaying about TSLA today is again, often about some kind of Traditional Accounting Principles thingamajig.
apple has a 25% profit margin and did 275 billion in gross revenue last year, will likely be >300 billion this year. It's the most profitable company in the world and top 5 in overall revenue. Tesla isn't even in the top 50.
> "Tesla enters into contractual agreements with its general contractors, which allow them to select the resources they need for the job while also requiring them to hire and _pay_ their workers appropriately."
Do you think they did a good job in enforcing their own stated requirement?
Any client who permits people to work in their premises providing them with badges and security passes does minimal background checks. Now tell me what minimal background check would not have found their Visa Status and hence Visa fraud on the basis of B1 Visa person doing hands on job?
Do you still think Tesla was ignorant or closed their eyes purposefully?
So, why is your website - http://kisannetwork.in/ devoid of any link to access this market place that you speak of ..?
- No App Download link
- No Telephone numbers toll free or otherwise
- No product listing, (items, prices etc.) on the website
- Just one email address to buy from farmers on your platform
Thanks for the question. We are currently in public beta in only one location in the country and as a result, the marketplace isn't live for everyone to be able to use. But, we are expanding this year to more locations in the country!
> We think we've figured out how to hack into the computer our universe is running on
Not sure someone with that kind of access will need seed funding with YCombinator or anywhere else. Unless their hack is unproven and unreliable, and up for immediate rejection.
> Just because something makes you money doesn't mean it's inherently good or useful, and it doesn't mean it should be protected by law.
Are we talking about patentable innovations, or something else? A lot of patentable innovations do not make anything, a lot things which are not patentable make boat load of bucks. Your comment seem to have clouded this distinction.
It seems to me that you are questioning the basis of government granted monopoly. But this grant is not on the basis of money generation, but on innovation and benefits to the society by disclosure.
Imagine if someone discovered and invented a principle and device for unlimited cheap source of energy. If he kept it to himself, it may definitely help him to unknown riches. And possibly the secret could die with him. But if he shared his secret sauce, then all of us in the society will benefit a lot. Patents are a means to that end. What do you think?
> Imagine if someone discovered and invented a principle and device for unlimited cheap source of energy.
First of all, this imaginary genius could still choose to not disclose his innovation. Patents are optional. Take for instance the Coca Cola recipe. Its kept as a trade secret [1]. But consumers can still choose to drink Pepsi and co. instead.
Second, I doubt a case like this, an truly important innovation that only one person will come up with, has ever occurred or will ever occur. If you look at the history of science and innovation, there is apparently always multiple people or groups working independently on the very same innovation. Famous examples are the first piloted flight [2] or the discovery of calculus [3].
For me this is the strongest case against, today's, patent law. We overstate the importance of the supposed single genius that humanity depends on. And yes, I question the the basis for any monopoly.
In the Apple vs Samsung case though, it was _also_ about consumer confusion. Samsung did not only use Apples innovation like pinch-to-zoom, which in my opinion should be fine, but tried to fool buyers into thinking that they got an iPhone by copying Apple's look and feel.
You could say, that any idiot would see the difference. There is no Apple logo or iPhone label on Samsung products. But, I argue, thats just our geeky perspective. My grand parents or even parents wouldn't be able to tell the difference, unless I write them a note with 'A P P L E' on it.
I could live happily with this problem, but I can agree that this is a grey area.
You're exactly right - unless I tell the older folk "it's from Apple.. You know, the iPod company", they're not going to know. And when the iPod came out, it's was similar "it's called an iPod and Apple, you know, they made the Macintosh about 20 years ago, they made this. You can put 1000 songs on it..".
If this 'education' is not performed, then they'll never know. I've seen it with my own eyes.
The problem is that it seems nobody actually benefits from reading patents when implementing ideas. First, if you read a patent you can be found liable for willful infringement, which can triple the damages. Second, patents are intentionally written to reveal as little information as possible. Drug patents in particular often do not explain a reproducible method for creating the drug.
