The cynical side of me says not to trust any megacorp to do anything good for the world without some kind of catch, but if anyone can do it Apple certainly seems like the one that would.
It be nice to have a government we can trust with our money,i hope for a day where our government is run by progressives so you can think otherwise.
until then, i will take my insulin sponsored by pepsi and go away
Yeah, no disagreements here. Unfortunately the government here isn't responsible. Ideally they would pay taxes and it would be used responsibly, but in this case they are using their money for a cause, and it gets deducted from their taxes. They're still paying their share to society (and while the argument they should be forced to contribute more, I agree with), but it's going to good causes with this and being used responsibly, which is better than the current alternative.With respect I'll have to disagree. Good roads, healthcare and strong societal care can only be achieved if we all pay our fair share of taxes. and work towards a government that will enable our taxes be used in a way that benefits us all.
I'm not American but there is no reason Apple INC cant launch this great initiative and pay their fair share of tax the same way the social enterprise I own gives 51% of profits I make away, whilst also paying corporation tax to HMRC at the end of the tax year.
Word for word what I was coming here to say. It's important for these big companies to make positive social change.Good on them. Big tech has the power to drastically change people's lives.
Not before they make fun of it.Looking forward to seeing Samsung's racial justice project in 6 months.
man do i not love it when technocratic white overlords "donate" a fraction their stolen money for causes they don't actually understand, trying to position themselves as saviours against a system they themselves propagate
fuck big tech, fuck tim cook
Fuck Apple and their use of slaves
Fuck Apple and their tax dodging
Unfortunately the government here isn't responsible. Ideally they would pay taxes and it would be used responsibly, but in this case they are using their money for a cause, and it gets deducted from their taxes. They're still paying their share to society (and while the argument they should be forced to contribute more, I agree with), but it's going to good causes with this and being used responsibly, which is better than the current alternativ
I'm happy for everyone that this will help.
But Apple shouldn't get any good PR while they are using slave labor in China.
edit: also, pay taxes
This was announced back after BLM, and is just now being fully unveiledThe timing when America is transiting to new administration
Also
I don't want to shit on a positive development, but I think people should keep in mind for a sense of scale that this is only 2% of what they just spent on their new spaceship headquarters. I'm glad they are doing it, but I think we are going to see other gestures like this from tech companies as regulatory scrutiny grows.
We can continue to scrutinize tech companies while also appreciating the contributions. Those aren't mutually exclusive positions.
We can continue to scrutinize tech companies while also appreciating the contributions. Those aren't mutually exclusive positions.
I'm sure they also do it for tax purposes. They basically need to make charitable contributions, so why not do a good thing and make a big deal about it? It's a case of our tax system actually doing what it's supposed to.I don't want to shit on a positive development, but I think people should keep in mind for a sense of scale that this is only 2% of what they just spent on their new spaceship headquarters. I'm glad they are doing it, but I think we are going to see other gestures like this from tech companies as regulatory scrutiny grows.
This is a really bad argument and very disingenuous as people aren't presupposing that the USA would necessarily make good use of the taxes Apple and other such corporations aren't paying. No one is saying America is some utopia but the actions of corporations like Apple aren't at all helping the situation. Real racial equity will come from mostly MASSIVE redistribution policies that ideally would strip corps like Apple of all the money they're hoarding in offshore tax havens and back into the hands of the people. Moves like this which seem fine in a vacuum, completely devoid of context, until you realize that corps like Apple spend a ton of money so they can keep having their offshore accounts and have zero accountability for the damage their extractive business practices causes. When place in that context this is ultimately a self serving move despite the good that will come from it. Billionaire philanthropy is a scam and a lot of people smarter than me have written many words about why that is. And to go a bit further on accountability Apple is accountable to no one but their shareholders. I would rather money like this be democratically accountable then have it up to a profit seeking corp.What I find funny about the 'Well, doesn't absolve Apple for being a bad taxpayer!' argument in the post is in what fucking Universe does the United States even come close to doing this on its own accord even if it had the tax windfall.
It's like despite all that's happened, people forget we live in a White Supremacist nation. Like to use an example, all the bad corporate actors standing up to Trump at the 12th hour are solely doing so for self preservation. But that still makes them better than many Americans who actively pushes self-harm politics as long as minorities suffer more.
Apple sucks, but also this hypothetical utopia people would assume would happen.
Meh.
Sounds like a bunch of PR bullshit to me. $100M is peanuts to Apple.
What would ACTUALLY impress me is them agreeing to have 40% minority representation on their board of directors or investing Billions in a free Online Apple University that caters to disadvantaged communities and teaches them something valuable.
The Apple Developer Academy will offer two programs in Detroit. A 30-day introductory program is designed for learners who are considering app economy careers and looking to better understand what it means to be a developer. The full academy program is an intensive 10- to 12-month program that will help aspiring developers build the skills needed to participate in the iOS app economy, and even start their own businesses.
Don't get me wrong I love this news...but where was apples thinking 10 years ago?
Racial Equity, Equality, justice...etc? What does apples board look like?
Apple is doing a good thing here to try to address racial injustice -- that no one pressured them to do -- and all y'all can talk about is the same old complaints. I'm surprised you didn't bring up the headphone jack and non-removable batteries too.
Apple is doing a good thing here to try to address racial injustice -- that no one pressured them to do -- and all y'all can talk about is the same old complaints. I'm surprised you didn't bring up the headphone jack and non-removable batteries too.
Jesus Christ, what a terrible post. Criticising Apple for using slaves and child labour = same old complaints?
You seriously going to lump in complaints about headphone jacks and batteries with that?
how about they accomplish 100M worth of deliverables before making some blanket "billions" promise. I'm sure they will get to the billions over time but imo it's better to focus on concrete things and deliver them and then do more.Great that Apple is doing this, but you have to wonder why they're only spending $100m when Apple currently has $192b cash on hand... (as of Q32020 earnings reporting)
They could've spent $1b on this project and it still would've been a miniscule investment relative to what they could feasibly spend.
how about they accomplish 100M worth of deliverables before making some blanket "billions" promise. I'm sure they will get to the billions over time but imo it's better to focus on concrete things and deliver them and then do more.
Agreed.In my opinion, philanthrocapitalism like this is a largely self-serving tax write-off that negligibly remedies a massive national problem to which Apple and others have indirectly contributed for decades. These initiatives are antidemocratic and tend to be short-lived and sorely lack oversight... IN MY OPINION.
Okay glad you said this, wasn't sure of the year but I'm glad I asked the question.Well first I generally agree with your statement. Tech industry and Silicon Valley is awful for diversity.
But to also be fair, that was 2017 (you can tell by the fact Jony Ive is still on there). Here is updated leadership team:
Leadership and Governance - Apple
investor.apple.com
More diverse than before in 3 years. And well hopefully these initiatives bring about change that will change the makeup and demographics of the tech industry to drive the corresponding leadership.
Apple is doing a good thing here to try to address racial injustice -- that no one pressured them to do -- and all y'all can talk about is the same old complaints. I'm surprised you didn't bring up the headphone jack and non-removable batteries too.
Apple is doing a good thing here to try to address racial injustice -- that no one pressured them to do -- and all y'all can talk about is the same old complaints. I'm surprised you didn't bring up the headphone jack and non-removable batteries too.
Agree with the slaves part ...tho that's got more to do with local enforcement and labour laws. Totally disagree with you on the tax dodging. The laws permit them to AVOID taxes. That's on the lawmaker.Fuck Apple and their use of slaves
Fuck Apple and their tax dodging
Yup, this reminds me of an episode in the good place where ppl realized that no one gets to go to the actual good place because even the best of us can't avoid exploiting others. Buy an apple from the store? Probably shipped from a country with high lvls of Proverty, etc.Ignoring all of the stupid arguments, this sounds good, but I think it's best to wait and see what happens with projects like this.
All of you arguing about Apple using slave labor or not paying taxes or whatever need to grow up and understand that most things we use at a convenience are only possible by other's suffering.
Things are just incredibly fucked up. I mean, good on Apple for doing this I guess. I'm not screaming from rooftops about it because it's a shame a multi billion dollar company has to do this before the government they 'pay' taxes to did.
Dystopian through and through.
Yeah!
Reported