I think Amazon is a monopoly. In the past, government solved this by breaking up the monopoly into regional powerhouses or breaking the business into un-vertically-integrated parts. With this said, I don't think Amazon's business structure lends itself to this. Ideas?
-
for manufacturing to become more local and break the subsidizing, FX fixing of China and any other actor that is subverting natural balancing trade of Ricardian economics. My view. /end.
I'm pretty sure we are far from the cusp of automating the jobs you listed. Just recently, the CEO of waymo expressed his skepticism that selfdriving cars would ever be able to work in the rain for example. No robot has human dexterity nor our vision, far from it.
-
-
Also, I'm not sure we would reach an equilibrium with China were they to free float their currency. The USD is the world reserve currency and as much as we are a net importer from China, they like holding dollars and stuff like U.S. real estate.
-
Amazon has monopoly power (or monopsony power) and as much as I resent the company, for one so powerful the harm they've caused using that power has been minimal. That said, I wish they would lower their %take on goods sold on website to benefit consumers.
- 6 more replies
New conversation -
-
-
I saw the Waymo exec comments. That remains to be seen. But it's not binary. Technology can make truck driving so low skill that the labor pool becomes large driving wages down.
-
I think the threshold for driving a truck is low enough. Maybe what self driving cars could do as an intermediary step is have a human drive around the city (and unloading) and the truck do the city to city highway driving.
- 10 more replies
New conversation -
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.