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Apple announces plan to build $1 billion campus in Texas
Apple will build a $1 billion campus in Austin, Texas, and establish smaller new locations in Seattle, San Diego and Culver City, California, the company said Thursday. The tech giant based in Cupertino, California, says the new campus in Austin will start with 5,000 employees working in engineering, research and development, operations, finance, sales and customer support. It will be less than a mile from existing Apple facilities.
The other new locations will have more than 1,000 employees each.
Austin already is home to more than 6,000 Apple employees, representing the largest population of the company's workers outside of Apple's Cupertino headquarters, where most of its roughly 37,000 California employees work.
[...] The company also said it plans to expand in Pittsburgh, New York and Colorado over the next three years.
Apple press release. Also at CNET.
(Score: 5, Insightful) by Azuma Hazuki on Thursday December 13 2018, @05:15PM (4 children)
Do you have a job? Because for someone who's so gung-ho about labor and capital and free trade, you don't seem to be producing anything of value :)
Daily reminder that until you can point us to a foolproof contract-enforcing system, we're always going to need government. I'm never going to let you forget this. So bring on the infinite stack of contract-enforcing angels, or STFU and GTFO.
I am "that girl" your mother warned you about...
(Score: 0) by Anonymous Coward on Thursday December 13 2018, @06:07PM (2 children)
it's called smart contract. it enforces itself.
(Score: 4, Funny) by DeathMonkey on Thursday December 13 2018, @06:20PM
it enforces itself.
It gave the guy tearing it up a nasty papercut?
(Score: 3, Funny) by Azuma Hazuki on Thursday December 13 2018, @06:42PM
Oh, DO explain how this works :) Is the paper sentient? Does it call down holy wrath upon those who violate it? This should be hilarious...
I am "that girl" your mother warned you about...
(Score: 0) by Anonymous Coward on Thursday December 13 2018, @08:43PM
Politically I agree with your position that government is needed to prevent market abuses, including breaking contracts. However, to answer your question...
It doesn't need to be foolproof, just "good enough." To that end, one "good enough" system is a reputation system.
For example, consider how tour groups operate in Egypt.
A tour company calls up tour guides and tells them that they'll pay if they do a daily tour. The tour guide does the tour, and gets paid. However, by nature of the business, they never have a formal contract. As such, if the the tour company doesn't pay, there is literally nothing the tour guide can do to collect money.
However, that tour guide will never do business with the tour company again. Moreover, all the guides know each other, and the jilted guide will spread the bad word. A couple of these and the company will never be able to find a tour guide in the future, and will go out of business.
So there, the question of contract enforcement without government is solved. (It's the same mechanism which causes bad restaurants to go out of business. People just don't like them and stop going there.)
What I can't answer, though, is "how will you prevent factories from dumping toxic sludge into the river," or "how will you prevent a person with a gun from stealing all of your food?"