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Not only that, but Amazon is of such a scale and such a segment, that hording high end intellectual capital is not likely to have any great impact on their resu
by bilbo0s 2y ago
Not only that, but Amazon is of such a scale and such a segment, that hording high end intellectual capital is not likely to have any great impact on their results in any case. They're the closest thing in today's world to what would be in any sci fi dystopia world a global company that runs everything from taxis to health care. There just are not any other companies like Amazon, with the exception of Alibaba which is like Amazon on steroids.
At this point, the use of companies like Amazon or Alibaba is kind of necessary to get by for most people. Even those who don't use it, are using it indirectly. Via using apps and sites running on Amazon. Via going to stores supplied by Amazon. And on and on and on. The tentacles are everywhere.
- lotsofpulp 2y agoAmazon doesn’t “run” (control) any market. They have a hand in retailing, logistics, web services, media, etc, but in each one, there are notable competitors. Not unlike other conglomerates, like Berkshire. But AWS’ big profit margins give Amazon a big upside.