Irresponsible Profits

Apple has been proven it is not a technical challenge to have a Type-C port in iPhones. We have been hearing all sorts of stories that the connector is too big or it would stop innovation. Now an engineering student made a USB-C iPhone as a side project. One interesting note on Ken's write-up is "it turns out that Apple sells the Lightning connector to the MFI manufacturers for $2.8. Then those manufacturers build the cable around that connector.". So it is not about innovation nor technical issues. It is about the $2.8 Apple can collect on each lightning cable, it would not after moving to USB-C (which would be good for all of us and help the Planet).

Elon Musk has been selling the "Full Self-Driving" vaporware even as he clearly knows this would not work. But he is intentionally misleading the customers, to fuel up Tesla's profits and company valuation.

Bitcoin, a financial instrument which is helping with illicit transactions, is also an opportunity to create wealth for some fast moving elites, who just for the sake of getting rich, ignore the climate problems and restore decommissioned fossil fuel-burning power plants to pump their bank accounts, accelerating the global warming.

It seems like for the rich, there is never enough. Such behaviors, which generally do bad to the public and bad to the planet are outside of my understanding of what "entrepreneurship" is about. Because it is equally about businesses being successful as well as being responsible.

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