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[2]: Comment by kwan_e
by bgrimsle on Mon 2nd Jun 2014 18:51 UTC in reply to "RE: Comment by kwan_e"
Member since:

Did a quick search on Australian car sales the last 2 years:

2012 sales: The Australian new-car market made a mockery of economic doomsayers last year, with sales climbing to record levels. Official sales figures for 2012 released by the Federal Chamber of Automotive Industries today showed that sales were up by 10.3 per cent to 1.112 million, driven by strong growth in SUVs and four-wheel-drive utes, and attractive deals from importers taking advantage of the strong Australian dollar.

2013 sales: 2013 will go down in history as the most successful for the industry as a whole, with sales reaching a new record high. A total of 1,136,227 new passenger cars, SUVs and commercial vehicles were sold in Australia in 2013, eclipsing the old record set the previous year by 24,195 vehicles or 2.2 per cent.

Wow, way to get your facts wrong. You probably extrapolated your own experience, and that of your friends, to the whole country. Common mistake.

Regarding all the talk below about the so-called US love affair with our cars, we don't hold a candle next to Germany. They have a car-lobby with the political strength and deep pockets of the US gun lobby. Nothing will ever remove the Germans from their high powered cards or their right to drive them with no speed limit on most of the Autobahn system.

Reply Parent Score: 0

RE[3]: Comment by kwan_e
by unclefester on Tue 3rd Jun 2014 00:07 in reply to "RE[2]: Comment by kwan_e"
unclefester Member since:

A very large proportion of private vehicles are purchased for business use and are tax deductible.

Fleet and government buyers are responsible for the majority of new vehicle purchases.

Reply Parent Score: 3

RE[3]: Comment by kwan_e
by unclefester on Tue 3rd Jun 2014 06:39 in reply to "RE[2]: Comment by kwan_e"
unclefester Member since:

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.

Reply Parent Score: 3