Quote:
Originally Posted by
mdriftmeyer 
Seeing as Larry Ellison is Mr. Job's closest friend, among Silicon Valley Executives, I won't be surprised that he will get into the focus of Philanthropy sooner rather than later.
When that happens, I'll recognize that I am wrong. And I truly hope that I am wrong

!
Quote:
Originally Posted by
mdriftmeyer 
Do you think he decided to ask former VP Al Gore on the board as a PR stunt?
I don't know. However, I have always been very suspicious of former politicians who take prominent jobs at powerful companies and of the companies who hire them. Apple is far from alone in doing it (KPCB did it with both Collin Powell and Al Gore). For Al Gore I see the money factor as a big motivator of his recent moves: he went from $1 million cash in 2000 to a net worth of ~ $100 million in 2007 (
http://www.newsweek.com/id/71011).
Quote:
Originally Posted by
mdriftmeyer 
Steve strikes me more as the guy whose decided to make a visionary leading impact in an Industry he helped create as a contribution back to Society and if he ever gets tired of doing the Apple gig will find something equally as engrossing to keep him going.
I am not questioning Jobs contributions to the personal computer industry. But those type of contributions and philanthropic endeavors are not at odds with each other.
You have countless examples in the high tech industry of great innovators who turned out to be great philanthropists and who didn't really wait until they became billionaires to make a difference. My list of heroes in that respect is topped by Bill Hewlett and Dave Packard (even Gates strong turning to philanthropy was to a large degree motivated by the early death of his mother) . Not only they created Silicon Valley, its startup culture (today, HP's revenues are higher than Apple's, Cisco's, Google's and Sun's combined), they innovated the Silicon Valley workspace, they contributed in the communities where they operated (Europe, the Middle East and Asia are full of sites where HP maintains not only sales operations but also R&D facilities which help transfer high tech knowledge to those societies) and both men gave most of their wealth to charity. The combined value of the Packard and Hewlett family foundations is 14.3 billion
http://en.wikipedia.org/wiki/List_of...#United_States (those are last year's numbers, the growth of their endowments might have made them even bigger by now). Both men started their foundations in the late sixties, well before achieving the level of wealth you mention (even inflation adjusted). The impact of the two men's generosity is well felt here on campus (and I am sure it is felt in other places as well). Most research grad students, like myself, don't pay the tuition from their own pocket. Instead, we are supported by some type of grant (ie, we are not, for the most part, children of wealthy individuals). The Lucile and David Packard Foundation was part of the group of founding donors which endowed one of the most important of such programs,
http://www.stanford.edu/dept/DoR/Fel...out/index.html. The Hewlett foundation made in 2001 the largest gift of its kind to any university to support professors and students in the humanities, a field that is often overlooked by the usual funding channels,
http://news-service.stanford.edu/new...9/gift-59.html.
Quote:
Originally Posted by
mdriftmeyer 
Hate to say it, but if you think monetary Philanthropy is a measure of one's greatness then you must truly admire men like Andrew Carnegie, Rockefeller, Rothschild
I do both! I am not familiar with Rothschild's life, so I'll speak for Carnegie and Rockefeller. Among the most important contributions of Andrew Carnegie was the establishment of what later became Carnegie Mellon University, which has trained a countless number of great computer scientists and pioneers who have impacted positively not only the computing industry but the world. As for Rockefeller, the university he founded,
http://en.wikipedia.org/wiki/Rockefeller_University, is one of today's top contributors in biomedical research. The list of honors to past and present faculty because of their contributions to medicine is astonishing. Just as astonishing as the breakthroughs those same faculty made; from the wikipedia site:
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The university has been the site of many important scientific breakthroughs. Rockefeller scientists, for example, established that DNA is the chemical basis of heredity, discovered blood groups, showed that viruses can cause cancer, founded the modern field of cell biology, worked out the structure of antibodies, developed methadone maintenance for people addicted to heroin, devised the AIDS "cocktail" drug therapy, and identified the weight-regulating hormone leptin.
Gates, Hewlett, Packard, Carnegie and Rockefeller have made positive impact to the world both through their businesses (benefiting hundreds of thousands of employees) and the world at large through their philanthropic endeavors. Apple/Jobs so far have only contributed to the business side.
Quote:
Originally Posted by
mdriftmeyer 
and the rest of the Robber Barons who raped and pillaged the world throughout their entire life spans.
I don't think what you describe is very different from what Apple was denounced for here,
http://www.appleinsider.com/articles...factories.html
later clarified here,
http://www.apple.com/hotnews/ipodreport/
or here,
http://www.greenpeace.org/internatio...le-news-020507 (the change of policy described was triggered by a Greenpeace denunciation which at the very minimum shows that Apple is not proactive dealing with these matters and, if I want to get paranoid, I could also call it a PR stunt).
Businesses, and in that respect Apple is no different, need to optimize profit (I stress I said
optimize, not maximize) in order to survive, let alone thrive. A company which consistently loses money has only one way yo go: Chapter 11 (which is what was about to happen to Apple before Jobs' return). In making that optimization, most companies will sure incur in some evil practices. No high tech company today can stay competitive without outsourcing some of its less strategic areas to third world countries. And though there are clearly winners in those countries (think of the programmers in India or China who have an unbelievable high standard of living that they couldn't afford without the presence of those companies in their countries), there are also losers like the manufacturing workers who are being exploited so the iPod can sell in the US at $250 instead of say $1000 (it's just an example not based on any actual analysis).
Quote:
Originally Posted by
mdriftmeyer 
We have them to thank for the Great Depression, but heh! They were swell guys to set up some philanthropic pursuits and get museums and libraries named after them. Ignore that Rockefeller and others funded the Nazis! They cared about the 3rd world! Yeah they cared alright! They cared so they could exploit the hell out of it.
The History of the entire Rubber Industry is a case of mass human slavery due to greed. However, these tires still suck and wear out after 40k miles of heavy use.
As a Valley survivor of the 2000 .com bubble I can only say that what saved the US from another depression triggered by the greed of the high-tech executives were the safe guards put in place during the Great Depression. As for the comments about the Nazis... Well, today Yahoo helped jail political dissidents in China and Apple manufactures iPods in China. In addition to the working conditions at the Chinese manufacturing facility, which can only be described as a place where first world companies exploit third world workers, based on what Chinese friends tell me about how business is conducted in China, I doubt that Apple is accomplishing its objectives without bribing Chinese politicians and government officials directly or indirectly. And I hope I don't have to convince anybody of the evil nature of Chinese Communism and the Chinese government!!!
Cheers!