1,659 karma · joined May 25, 2010
But I can report that the company was quite proud of its shopping cart patent, and its patent portfolio in general, largely because they felt that it protected them and established them as a major player in the nascent but growing e-commerce market. There was a sense, though, even then, that the patent was pure bullshit. I never heard any contemplation of using the patent offensively, and from what I can recall there was a feeling that if that were to happen, the same thing would happen to Open Market that happened to this patent troll. That is to say, that it wouldn't stand up.
Indeed, this is a good cautionary tale as to the havoc that "defensive" patents can wreak once they get into the hands of trolls.
Also, as you can see from the Russian billionaires on the list, many influential people have made vast fortunes when state-owned monopolies were "privatized" and became privately-owned monopolies.
Consider this: you're having a conference for multimillionaire corporate executives and top performers. People who usually work in different locations are coming in to meet together and perhaps bring their spouses for some hobnobbing, strategy talks, and teambuilding exercises. Where do you think they're going to stay? The Motel 6? When you're paying someone a high six figure salary plus bonuses, is it really a scandal to pay $300 for a hotel room?
And by the way, if the rooms "can cost $1000 per night" and you rent out two hundred rooms for your event, if you ended up paying more than $300 per room, you should fire your meeting planner.
If I'd bothered to sign up after reading "It's free to get started" then learned later about the hefty fee, I'd be disappointed at best. Since I didn't sign up, I don't know how much bait there is before the switch, but if you talk about the fee right away after the signup I guess it's sort of okay, since you didn't waste much of my time but you did receive my contact information under false pretenses.
I'll be interested to see how many takers you get at that fee level.
What's more interesting about this article is the staggering, agressive ignorance displayed by the commenters on the India Times website. If you're interested in a dose of outrage to get your blood boiling, give them a read.
It's actually quite simple, and any student of the tech industry should be able to follow along. When the iPhone was initially released, it was unambiguously, head and shoulders above any other smartphone. Just way better. And in contrast to Apple tradition, they priced the iPhone at a level that made it impossible for new entrants to compete on price in a meaningful way, due to the nature of carrier subsidies.
So people flocked to it, even people who wouldn't buy a Mac in a million years. The software and hardware of the iPhone had great integration and typical, good Apple build quality. So in other words, a great head start on a very hot industry segment. Then they started a robust developer ecosystem, and a lot of small developers made an unexpectedly large amount of money selling cheap apps that iPhone users snapped up because they were cheap, and the economy of scale made it work, and made Apple an unexpectedly huge amount of money from its app store take. Suddenly, just like Microsoft before them, Apple was in control of a bonanza platform.
Quality product + good price + industry head start + robust and lucrative developer platform = dominant market position.
And like Microsoft before them, Apple has let the power go to its head. And of course Apple has a long history of control-freakiness and closed platform tendencies anyway. But just as decades of Windows being just unimaginably shitty didn't knock Microsoft off its PC perch, even as alternatives to the iPhone flourish, Apple keeps a strong lead because of natural inertial and platform lock-in forces. In my opinion, Apple's doing a good job of shooting themselves in the foot at every opportunity, but just like hapless Microsoft, it will take years for them to successfully piss away their lead.
http://www.maily.com/Learn-More http://en.wikipedia.org/wiki/Apostrophe#Superfluous_apostrop...
I actually agree with many of the facts that the article lays out. I actually don't think that there's much point in getting heartburn about the US's standing in the ratings, because a lot of the ratings are probably useless or easily-gamed metrics. And it's critically important for US interests that we make it easy for the world's best and brightest to continue to immigrate. The big problem with the article is that, as other readers point out, it's a self-defeating argument. The reason that our poor education outcomes don't matter is that we import the top performers from other countries? Well, it's a good thing that we import the top performers (in a selfish way of seeing things). But that's beside the point.
I think that one of the factors contributing to our education challenges is that we have a large and diverse population, but we also have naive notions of what equality means, and we too often think that correlation equals causation. Going to college correlates with success later in life. That's because smarter, harder-working kids tend to go to college. It does not mean that sending dumb lazy kids to college you'll make them successful. If you send dumb kids to college, you end up with dumb kids with no college degree and $40,000 in student loan debt the incurred before they dropped out. I'm using the term "dumb" to make a point, but the truth is that there's nothing wrong with not being cut out for the academic life. In fact, if you are prepared in childhood to be determined, hard-working, and creative, you can become a very successful person without having ever been an academic type. I spent three years doing carpentry, and I got to know a lot of tradespeople who did important things, enjoyed their work, and lived comfortable middle class lives, and sent their kids to college. But we're allergic to the idea that people are cut out for different kinds of life purpose because some people are more academically oriented than others.