Amazon started as a e-commerce site. But their Web Services division now makes up the vast majority of their revenue. They also dabble in streaming and content generation.

I’d say they are primarily a web hosting company that dabbles in e-commerce now.

https://www.fool.com/investing/2024/01/10/amazon-e-commerce-company-74-profit-this-instead/

They are a tech company by any definition.

Yeah same here, the last post I made was to argue for more disabled access to European historical sites n the r/europe subreddit.

After everything I’ve posted, THAT is what got me banned.

After loosing my appeal, I changed all my prior posts to AI generated gibberish.

Fuck Reddit, salt your posts so they can’t use your content to make money on search or train AI.

Yeah I had the palm OS Treo for years before switching to a windows OS treo. Those things were tanks. You could beat the crap out of them and they would shrug or off with no case.

If I ever do slightly breath on my iPhone 13 the back glass cracks😠.

While I do try to buy direct on some items that I am confident I’ll keep. The return policy and ease of use are why I’m still with Amazon. I just don’t want to have to deal with thirty different companies and their return policies.

But if I’m buying something like replacement parts or something that I’m not sure about if there isn’t significant savings, then I’m going with Amazon for piece of mind that I can return the item at no cost to me.

lol no if anything they’ve become far left shitholes.

Killing corporations won’t get everyone those amenities.

I’m disappointed, you were doing so well.

Ohh well I’m going to go back to sitting in my house, enjoying my AC, while playing on my phone and eating a tasty breakfast burrito all of which were made by evil corporations.

If that pisses you off maybe you could move to somewhere that fits with your philosophy. Venezuela and Cuba would probably be a good fit for you. 👍

Careful, you might cut yourself with that edge.

Who said its the root of the problem?

Uhhh we are addressing right to repair not corporate influence on the state.

Pick the right tools for the job not everything needs a hammer.

Orrrr and hear me out. We just pass a national right to repair law.

There, problem fixed and we don’t need to burn anything!

The pace of technological change and innovation was always going to slow down this decade. But Covid, Ukraine and a decoupling from Russia/China has further slowed it.

You need three things in abundance to create tech. First an advanced economy, which narrows down most of the world. Second you need lots of capital to burn while you make said advances. Finally you need lots of 20 and thirty something’s who will invent and develop the tech.

For the last 20 years we’ve had all of those conditions in the Western world. Boomers were at the height of their earnings potential and their kids were leaving home in droves letting them pour money into investments. Low interest rates abound because capital was looking for places to be utilized. China was the workshop of the world building low to mid range stuff allowing the West to focus its excess Millennials age workforce on value added and tech work.

Now in the USA boomers are retiring and there aren’t enough GenX to make up the difference. Millennials and finally getting down to household creation or their oldest cohorts (Xennials) just now entering into their mid 40s and starting to move up in their careers but they probably still have kids to support. So it will be some time before capital becomes plentiful again. Gen Z is large but they aren’t enough to back fill the loss of Millennials.

Ohh I made a point to highlight that this was a US demographic phenomena. Europe and Japan do not have a large Millennial or GenZ populations to replace their aging boomers. We have no modern economic model to map out what will happen to them.

China is going through a demographic collapse worse than what you see in Europe or Japan. Only they aren’t rich to compensate add in the fact that they decided to antagonize their largest trading partners in the West causing the decoupling we are now seeing.

The loss of their labor means the West has to reshore or find alternative low wage markets for production and expend a lot of capital to build out the plant in those markets to do so.

Add on top geopolitical instability of the Ukraine and you have a recipe for slower tech growth.

I tried reading this article but it just repeats points it already made and expands upon definitions to the point that it seems pedantic.

This looks like a AI written article that was never edited by a human. I’d advise skipping it.

Also fuck Crypto Bros.

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Removed by mod

He retired from his role at Google a few years ago so yeah…

But he is still a typical C-Suite asshole. Blame workers for strategic corporate failures (Googles competition all offer WFH) and take personal credit (and bonuses) for any and all successes.

I was gifted gold once. The subreddit was mostly Austin Powers Goldmember memes at the time.

No the NSA, CIA, FBI and all the other alphabet agencies would never allow it.