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Two out of three US households have Amazon Prime [0]. So I'm not sure what you mean by the US never buying into e-commerce (or what an "iphone moment" would mea
by SomeStupidPoint 9y ago
Two out of three US households have Amazon Prime [0]. So I'm not sure what you mean by the US never buying into e-commerce (or what an "iphone moment" would mean in this context).
[0] https://www.forbes.com/sites/shephyken/2017/06/17/sixty-four-percent-of-u-s-households-have-amazon-prime https://www.forbes.com/sites/shephyken/2017/06/17/sixty-four...
- baybal2 9y agoCompare how much average American spends online vs average Chinese or Russian.
- SomewhatLikely 9y agoThe old infrastructure is still in place and has advantages in some cases. Those countries never built the same level of retail infrastructure, so it makes sense they would buy more online. Similar trajectory happened here with landline usage vs cell phones, credit cards vs phone payments, cars and road infrastructure vs transit. We will see it with other disruptive technologies going forward as well. We will probably be among the last to transition the majority of our vehicles to electric because of huge existing infrastructure in gasoline distribution. If self-driving cars become reality, transitioning parking lots, parking garages, traffic lights, etc. will take some time while cities that will be built after that disruption can avoid that infrastructure cost.