Molson Hart

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.

Yeah. I agree with that. Since they openly compete with their third party partners, take less or don't compete. It does provide an incentive for a new platform with a lower fee.

Their Network effects are strong. The new platform would have slow shipping. Also, at any time Amazon could kill it by lowering their referral fee. It's kind of like being an oil company with standard oil trust was around. They dump, you die.

You make a strong argument of competitive factors and Amazon's scale. But if you meet MOQ, you can order direct from factory now on Alibaba. Amazon's value is delivery and distribution. Not sure there isn't room for innovation, competition.