6 ms·

What I think is interesting is that I suspect they’ll eagerly license this to competitor stores. A palm reader does not turn your local Safeway into Amazon Go,

by ragona 6y ago

What I think is interesting is that I suspect they’ll eagerly license this to competitor stores. A palm reader does not turn your local Safeway into Amazon Go, and they know that. Having a slice of every point of sale could be huge; imagine how much better this is than having to use FaceID during a pandemic. (Tap tap, pin, pin, tap is a LOT more friction than “hover.”) I’d pay for it if I ran a retail store. I wonder if Amazon will ever compete with Visa or other payment providers.

barranger 6y ago
"I wonder if Amazon will ever compete with..." Yes has to be the assumption at this point
- MattGaiser 6y ago
  Visa can't be bothered to innovate. 90% of what Amazon has done should have been done by industry incumbents.
  - gonzo41 6y ago
    Well hopefully amazon will push enough of them to the brink of extinction that they to will innovate or suffer the fate of negative selective pressure.
    - anongraddebt 6y ago
      Often, you're too late and the cake is baked when innovation is reactive.
hammock 6y ago
The biggest competitors will never license something like this. They'd be basically giving (or creating an untenable risk of giving) their customer data over to Amazon. "But AWS etc etc.." Trust me, the retail landscape is very different. Source: I work in it
- thebean11 6y ago
  For big chains I agree, but if they can make this palm reader cheap enough and include a normal card reader (why not?) it could easily be a Square/Stripe POS competitor.
filoleg 6y ago
>What I think is interesting is that I suspect they’ll eagerly license this to competitor stores. According to the source article, your prediction is on point. Here are the relevant quotes: >"Do you have any third-party customers who plan to use Amazon One?" >We’re excited to see Amazon One in more retail environments and are in active discussions with several potential customers, but beyond that, we’ll have to ask you to stay tuned.

by ragona 6y ago

barranger 6y ago

"I wonder if Amazon will ever compete with..." Yes has to be the assumption at this point

MattGaiser 6y ago
Visa can't be bothered to innovate. 90% of what Amazon has done should have been done by industry incumbents.
- gonzo41 6y ago
  Well hopefully amazon will push enough of them to the brink of extinction that they to will innovate or suffer the fate of negative selective pressure.
  - anongraddebt 6y ago
    Often, you're too late and the cake is baked when innovation is reactive.

hammock 6y ago

The biggest competitors will never license something like this. They'd be basically giving (or creating an untenable risk of giving) their customer data over to Amazon. "But AWS etc etc.." Trust me, the retail landscape is very different. Source: I work in it

thebean11 6y ago
For big chains I agree, but if they can make this palm reader cheap enough and include a normal card reader (why not?) it could easily be a Square/Stripe POS competitor.

filoleg 6y ago

>What I think is interesting is that I suspect they’ll eagerly license this to competitor stores. According to the source article, your prediction is on point. Here are the relevant quotes: >"Do you have any third-party customers who plan to use Amazon One?" >We’re excited to see Amazon One in more retail environments and are in active discussions with several potential customers, but beyond that, we’ll have to ask you to stay tuned.