3 ms·
The only negative I can think of is 'monopolistic tendency'. Yet, this is almost inevitable for any prolifically innovative company like Apple or Alphabet. I h
by rblion 8y ago
The only negative I can think of is 'monopolistic tendency'. Yet, this is almost inevitable for any prolifically innovative company like Apple or Alphabet.
I happen to like Peter Thiel a lot and agree with most of his perspectives. I'm not sure if punishing an extremely forward-thinking organization is the way forward for our society.
I don't know. I'm hungry to find out though. What are your thoughts on this?
- dahfizz 8y agoI would agree about the 'monopolistic tendencies' but I don't think that's necessarily bad. Monopolies are not inherently bad. Being anti competitive and trying to coerce consumers is bad. But, by and large, Amazon is a "monopoly" because they offer a better product/service than everyone else at a better price. In other words, bad behavior that's bad for the consumer is highly correlated with monopolies, but not synonymous. Sometimes companies grow large exactly because they are good for the consumer and so consumers prefer them. Related to that, I think a lot of the negative feelings toward Amazon come from a fear about the power that Amazon holds as such a huge company without substantial competition. And while they do have a lot of power, I've not seen abuses from them that would warrant such fear.