The term Value is pretty vague here. Its more of a perceived value so its hard to put a number against it, there is no direct way to translate it to something more concrete.
May be bit orthogonal, one way I can think of it is to map to physical needs like clothing, housing, food and medicine?
[–] parineum 2 days ago
There's an incredibly easy way to do that, sell it.
If Nvidia takes $20 of parts and sells it for $100, they created $80 of value. If we had VAT, that's what would be taxed (minus things like r and d but, for simplicity...).
[–] strobe 2 days ago
[–] parineum 1 day ago
Yes.
I don't want to pick on you but this is a major pet peeve of mine. A lot of people view the economy as a fixed size of value. As a result, when someone is a millionaire, they consider that million dollars to be something extracted from others. That's a very Feudal view of economics. What's usually the case is that millionaire add a million dollars of value by creating a more valuable product from raw materials.
This example is an easy example. Before Nvidia, there was just a pile of silicon and copper worth $20. It doesn't take $80 to turn that thing into something that is worth $100. The value within the economy increased.
Most of economic activity is growth. There is economic activity that isn't growth, which is what rent-seeking is.
If it costs more to produce (and sell) the asset than you can sell it for, you're losing money and assets go down. If it costs the same, then in this example the net change in S&P assets would be zero.