Shocking video, is this what the Singapore of the future will look like,

[ionzu]

Re: You Are Right In Some Way

You have your impressions of the USA and I have mine. I worked in California for a number of years. It's a cruel society. You can be a star one day and scum the next. However, society won't stop you from making an even more spectacular comeback. The bottom line is that if you have your wits about you, you can thrive in the US. If you trip and fall, you could be in deep shit. That's the way it should be. It's an environment that spurs innovation and hard work. I've seen it in action with my own eyes.

wow! suddenly california is representative of the whole of the US! wow! i'm sure all americans will agree with u!

 

[ionzu]

Patents are a measure of technology. However, innovation and creativity can take many forms that are not technology based.

The US tops in many areas.. arts, music, sport etc.

others have already replied to your logical fallacy.

China is also tops in many areas (olympic medals for one), so was the USSR. Cuba has one of the best medical programs in the world as well.

innovation and income redistribution are not cause and effect.

 

[neddy]

Re: You Are Right In Some Way

My source:

The Fading Of Silicon Valley Innovation
by Martin Hutchinson January 07, 2013
http://www.prudentbear.com/index.php/thebearslairview?art_id=10747


Martin Hutchinson writes a weekly column, The Bear's Lair, providing economic and market commentary.
He was also Business and Economics Editor at United Press International, in Washington, D.C., from 2000 to 2004.

Previously, he was an international merchant banker for 25 years working in London, New York and Zagreb. In Zagreb, he established the Croatian debt capital markets.

He is the co-author (with Kevin Dowd) of Alchemists of Loss (Wiley, 2010). He also wrote Great Conservatives: A Perspective on British History (Academica Press, 2004), on the great British governments of 1783-1830.

Mr. Hutchinson has a degree from Trinity College, Cambridge, and an MBA from Harvard Business School.

i don't know what, where, and how you cum to this conclusion and without substantiation and facts start shooting shotgun from the hip. it's not true.

on the contrary, silicon valley is constantly innovating and inventing. if you don't work here with some of the best rewarded and best minds in the world on a daily basis, you don't have a freaking clue what you're talking about.

 

[eatshitndie]

Re: You Are Right In Some Way

My source:

instead of delving in on your own with your own research, you simply become a convenient messenger for a harvard mba joker who never work in a lab in silicon valley and takes an easy leaf from a prior pandodaily article, "why silicon valley innovation has stalled", written by francisco dao on jan-3, 4 days before he let loose his regurgitated garbage.

of course, these valley "outsiders" including francisco with his equally apologetic garbage are rubber-necking trying extremely hard to look in, to sniff out worthy innovation so they can spill the early beans and get lauded for their journalistic comeuppance. too bad they are kept out and have little to no clue of what is really going on in labs, r&d centers and crucibles in the deep bowels of the valley. all these tech bloggers and mba jokers know are hoccus pocus gobbledigook from get rich quick startup enterpreneur wannabes who would bend their arses over for easy vc funding.

out of every 10 ideas and solutions proposed to the vc community, 9 are garbage and usually only 1 is worth seed money. for every 1 potential solution or product being vc funded, a dozen more innovations are vertically funded by established enterprises in both known labs and secretive skunk works. would these secretive projects be spilled and exposed early, especially when they are privately funded? of course not. will francisco or martin know about these 12-fold innovations being cooked in the bat caves? of course not. some of these projects are long term endeavors, very state of the art, very important to national security, and extremely valuable to the funders who think about long term rewards, not sensational short term shock and awe.

since francisco, martin and a bunch of regurgitators with zero original and credible sources of their own (including you) have no insights to many if not all of the high proprietary work that is being carried out, they would scratch the surface and eek out sound bytes and mumbo jumbo that don't make sense to real innovators and inventors. only the amateurs, novices, gullible and highly impressionable believe their bullshit.

 

[neddy]

Re: You Are Right In Some Way

instead of delving in on your own with your own research, you simply become a convenient messenger for a harvard mba joker who never work in a lab in silicon valley and takes an easy leaf from a prior pandodaily article, "why silicon valley innovation has stalled", written by francisco dao on jan-3, 4 days before he let loose his regurgitated garbage.

You mean to say that the Valley is still alive and kicking, and there is still a thriving pot business to keep the people innovating?

Good to know that ! Too much secrecy in the Valley.

 

[eatshitndie]

Re: You Are Right In Some Way

You mean to say that the Valley is still alive and kicking, and there is still a thriving pot business to keep the people innovating?

Good to know that ! Too much secrecy in the Valley.

private enterprises are extremely secretive about their innovations, and productization is typically years out. meanwhile, publicly funded r&d and labs publicize their findings and discoveries once they have conclusive proofs. and white papers help promote their work for more public funding.

for example, drs. thea tisty and somdutta roy just published a paper announcing the discovery of a new stem cell that may open up new opportunities for fixing (and recreating) parts of the human body without resorting to the use of embryonic stem cells. these cells, eps cells as they are referred to, can spawn whole new industries in cell therapy and reconstruction. look it up. just released on march 4.

 

[jw5]

just wondering how come some families not listed in Forbes

could be the same reason why Iran is listed behind Indonesia in the global military powers list...........

 

[zhihau]

could be the same reason why Iran is listed behind Indonesia in the global military powers list...........

no wonder estate duty was removed in 2008... wonder if it would be reinstated after old man is gone...

 

[jw5]

no wonder estate duty was removed in 2008... wonder if it would be reinstated after old man is gone...

no, because after that, the middle aged man will become old.................................

 

[zhihau]

no, because after that, the middle aged man will become old.................................

if the middle aged pinky moved his assets overseas, we would be none the wiser, wouldn't we?

 

[escher]

TS, your title is wrong. This is already the present state of Singapore, as our current wealth distribution is even more skewed than that of USA. The top one percent, people like lee family, uob family, Far East family etc own more than half of sinkieland.

BALLS

The top 1 percent of Sinkapore owns 80 % of Stinkapore.

Our country stolen from us from under our feet

While we stupidly sing the anthem and say that fucking pledge every day at school,
They stole our country and made the money we earned to be all theirs

And they expect stupid sinkies to fight and die for them

 

[Fook Seng]

if the middle aged pinky moved his assets overseas, we would be none the wiser, wouldn't we?

Not quite correct. Could attract duties on both shores.

 

[zhihau]

Could attract duties on both shores.

what about Swiss banks? :o:o:o

 

[Fook Seng]

what about Swiss banks? :o:o:o

I am still trying to understand whether Switzerland imposes estate duties. Swiss banks or not it does not matter. It matters only how easy or difficult it is to catch you. Recently some Swiss banks were forced to disclose account information of terrorists. I am not sure how far this bastion of privacy is being dismantled and evasion of taxes if applicable in Switzerland can be taken as a criminal act.

 

[zhihau]

Recently some Swiss banks were force to disclose account information of terrorists.

hehehe... the family, terrorists?

 

[Spock]

The USA is the most innovative and creative country in the whole universe.

The reason why it is so is precisely because of the income inequality. Everyone can see the unbridled rewards that innovation and hard work bring so the incentives are great.

In countries where income redistribution is practiced, the incentive for hard work is stifled as the state rewards those who laze around and do bugger all.

Income inequality is also prevalent in places where there is high exploitation with little innovation and creativity. Just take a look at ancient China, the emperor owns the whole country, I am sure there is not great desire to be innovative in those circumstances. Income inequality does not always bring about innovation and creativity but it is always the result of exploitation and will inevitably lead to entrenched exploitation if unchecked. Maybe one day, the world will run out of people to exploit.

 

[kingrant]

You are right about unbridled rewards...Wall St CEOs worked very hard to reward themselves in unbridled, innovative ways, took bailout money and gave themselves golden parachutes while screwing up the country's finance and banking system after gaming the system using their innovations and greed.

As a result, they owned 90% of the country's wealth while screwing up the system for the Main St. people.

Everyone can see the unbridled rewards that innovation and hard work bring so the incentives are great.

In countries where income redistribution is practiced, the incentive for hard work is stifled as the state rewards those who laze around and do bugger all.

 

[Fook Seng]

You are right about unbridled rewards...Wall St CEOs worked very hard to reward themselves in unbridled, innovative ways, took bailout money and gave themselves golden parachutes while screwing up the country's finance and banking system

I have to agree with you on this. One of most innovative creations was the mini-bond of junked assets that took the financial world to its knees in 2008.

 

[neddy]

I have to agree with you on this. One of most innovative creations was the mini-bond of junked assets that took the financial world to its knees in 2008.

The best creative idea is still the creation of fiat money and trusting humans to manage fiat money without greed.

http://www.economist.com/blogs/dailychart/2011/09/us-household-income

US income for Main Street has stagnant since the 1970s.

 

[Kuailan]

I've always said that if LHL were to deserve his current salary, then why is Obama's salary only a pittance compared to LHL's. Don't tell me that Obama's job is very much easier than LHL's? I very much doubt so.

If you compere job description between Obama and LHL, the salary should be reversed.

LHL 's job is pittance compere to Obama, he's got to fight terrorist countries, be a world policemen
which is not easy... whereas our Pm only knows how to whack peasantporean of all the earning, left right
and all over...

So Obama should deserved USD 4million/annum whereas our PM should be SGD$600K /annum fair or not?