As Apple's stock continues to hit record highs and its sales and profit reports exceed all expectations, Steve Jobs' reputation as an entrepreneurial genius grows ever larger. He succeeded in developing products that people around the world very much want to buy. In this sense, Jobs stands out from the mediocrities that run most corporations, and collect huge paychecks in the process.
It may be some time before another innovator comes along who can match Steve Jobs record, but we constantly see companies developing new products, even if few will have the same impact as the iPod or iPad. The United States continues to be at the forefront in innovation, but this will likely not always be the case. It is worth asking whether we should care. This requires a clear-eyed assessment of the benefits to the country provided by innovators like Jobs.
As The New York Times recently documented, Jobs deserves credit for developing products that people value, but it is less clear that he deserves much credit for creating jobs in the United States. Apple has long outsourced to China and other countries virtually all of its manufacturing operations. Apple has absolutely not been a boon for US manufacturing workers.
1 comment:
He should be credited for his child labor.
Bill gates is the real hero, why do people keep talking about steve jobs when bill gates should be paraded for basically curing the world of malaria
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