This is a great innovation by Phillips, and it follows rule 8 from my best selling business book, “12 rules for business”.
Rule 8: The business is always right - never give customers a choice when you can dictate the terms to them instead.
An inspiration, all teachers should do this!
Wrongo! Strikes are bad for EVERYONE and should be ILLEGAL! Whenever I hear whispers of union stuff at my company I fire the guilty employee and I also call the cops on them and say I saw a drug deal happening at their house.
That was only the first wave of NFTs, it’s normal for this to happen with any technology. The oldest first generation of televisions and radios also became worthless as newer better ones came out. The next generation of NFTs is going to be more impressive and earn even more profits for their creators, mark my words. If anybody wants to get in on the ground floor of NGNFT (next gen NFT) drop me a line and I can help you make 1000x your initial investment.
Your commute is your own problem, I don’t pay my employees for driving to work, they can always move closer to the office or sleep in their cars in the parking lot overnight if driving home and back is such a big deal.
So no, I won’t be paying you to drive home and furthermore, at my businesses I have a swear jar policy; every swear word an employee says I take a dollar/hour off their pay for that day. So watch your potty mouth or you’ll be the one who ends up paying me.
The car manufacturers need that profit to distribute to their shareholders, or do stock buyback or whatever best benefits the share price etc. By doing so they are helping the whole economy and that money will eventually trickle down to the little guys in some form or another.
For example: instead of giving all that money to the greedy UAW, GM can use it to buy back their stock. The price of the stock and the net worth of the people who own most of it therefore goes up. They borrow against that stock for a new yacht in the Mediterranean and use it to visit a charming seaside village in Greece or Italy. They eat at the nicest restaurant in the nicest resort in that village.
Now, you see how that money helped the villagers who otherwise never would have seen a dime of it? The auto workers aren’t going to spend any of that money in Greece or Italy. Not to mention support the families of boat-makers, boat-loan-processors etc along the way.
But at what cost? Employees are less productive without the watchful eye of a skilled manager.
Seems very ungrateful to the job creators and innovators that just because the economy doesnt work for you, you want to wreck it for us too. Why not try starting up your own car company instead of cutting into the profits of the hard working Ford and GM families.
Every great genius inventor and businessman can be a little eccentric. Remember that before you decide to call them mean names like “abuser”, “megalomaniac” etc. It’s actually quirky and endearing once you factor in that he’s a genius inventor and businessman (I’m also one of the misunderstood people in the same category).
It’s all about supply and demand, and the customers have demanded smarter TVs. In this way capitalism drives innovation. Who knows, a couple years from now TVs will likely be twice or three times as smart as they are now!
This is exactly the type of techno-authoritarianism Orwell warned us about.
Sometimes a big company has to stagnate for a while for the innovation to manifest over time. Big government regulations like this don’t give them that chance.
Tyrannical government overreaching and stifling innovation. This is what happens when you don’t have the second amendment and civil rights for corporations.
Solid business decision by Spotify here, I support this move. I’ll probably switch over to them from YouTube music.
Why shouldn’t landlords be able to hold public office? Run against them if you’re so much better.
I love my heated seat subscription. Keeps my tushy warm AND it makes me feel great that I can afford it and the lazy poors can’t.
Facebook is allowed to remove whatever they want, if you don’t like it so much start your own Facebook and try to compete with them. If your product is better you will win in the marketplace
For now, but not for long. He’s too much of a business genius to lose out long term
It’s good practice to buy at least one or two new smartphones per year.