Linked by Thom Holwerda on Sun 1st Jun 2014 21:33 UTC
Talk, Rumors, X Versus Y

There were two striking pieces of business news this week from America's leading technology brands. On the one hand, Google unveiled a prototype of an autonomous car that, if it can be made to work at scale, promises to end mass automobile ownership while drastically reducing car wreck fatalities and auto-related pollution. Meanwhile, Apple bought a company that makes high-end headphones.

Which is to say that Apple's playing checkers while Google plays chess.

For better or worse, this is exactly why many people seem to hold Google in higher regard than they do Apple. Both Apple and Google are rich and wealthy beyond average-person-measure. Now, which company will be liked more: the one that uses said wealth to develop crazy may-or-may -not-work technologies that can change the world at a massively substantial scale, or the one that stuffs $150 billion in shady bank accounts to avoid having to pay taxes?

The more wealth you hoard, the less sympathetic people will be towards you. Unless, of course, you use that wealth in a very public way.

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RE[3]: Comment by kwan_e
by unclefester on Tue 3rd Jun 2014 06:39 UTC in reply to "RE[2]: Comment by kwan_e"
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The Australian people who aren't buying cars are the highly educated inner city professionals. These are the people who will be the future political and economic elite. In many cases they are actually hostile to car ownership.

The people most reliant on cars in Australia are the politically disenfranchised low income earners who live in the outer suburbs.

Car manufacturing ends in Australia in 2017. That will greatly weaken the lobbing power of the industry.

Most Germans don't own Porsches or AMG Mercedes. They own modestly powered small sedans or hatchbacks. German manufacturers 'voluntarily' added a 250Km/h speed limiter in exchange for 'unlimited' autobahn speeds.

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