thank you Jeff, good point...I think it is hard to blame the companies, they are profit driven, and they have to be...I would blame the government which should be trying to make the society more just...Kris
The time has nothing to do with it, the place does. One could argue that the concept is working well in China as more and more people are able to afford domestically made (for China) goods that would previously be considered luxuries.
A good read is "Why Nations Fail". It's not definitive, but it a good thinking piece.
Making money is good, and should be the goal of companies. No money, no company. Companies though out of necessity focus on short term goals. Truly long term goals have been field of goverments.
So, can one argue it is the fault of companies, or that of government without the vision, goals, and political tools to achieve the national long term growth expected .... or the undue influence of one on the other resulting in failure of long term goals?
True, that worked at the time...not anymore...silicon valley will not benefit from paying higher salaries to non-essential workers...and most people around the world can already afford to buy a cell phone
The model we seem to have in North America is to make as much money as you can, evn by exploiting others, and then maybe give up some part of it thru charity
Not sure whether I buy this...when I go to to the store to buy a T-shirt or an iPhone I don't really think about cleaning lady in California that sweeps floors at Apple or a guy in China that is involved in producting that particular product...I look at the performance and price, and the lower the price is typically the better ;-)
krisi asked (perhaps facetiously): ...why would you want to pay decent wages if you don't have to?
Companies do have to pay decent wages if they want customers out there who can buy their products. People who don't even have enough for necessities aren't going to be able to afford your useless gewgaws. Relying on your competitors to pay decent wages so their employees can buy your products doesn't work if all companies do the same thing.
Thanks for the article. Another solution would be for the companies to actually hire the folks that clean, maintain, etc. and pay them a living wage as you suggest and whadda ya know...maybe even benefits !
"... as few as 1% and 3% of the employees at many of Silicon Valley's top tech firms are black or Hispanic, ... contractor companies ... are made up predominantly of people of color." I wonder where many shades of color among people of Asian origin would fit in this picture, and what the distribution of color is among those who camp there. Does any solution to the homeless problem have to involve color?
What are the engineering and design challenges in creating successful IoT devices? These devices are usually small, resource-constrained electronics designed to sense, collect, send, and/or interpret data. Some of the devices need to be smart enough to act upon data in real time, 24/7. Specifically the guests will discuss sensors, security, and lessons from IoT deployments.