I think it's the network effect of search getting better as more users train it which is keeping competitors out.
Facebook, Amazon etc....
- Thread starter Raoul
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I think it's the network effect of search getting better as more users train it which is keeping competitors out.
that's true but its also Google's core company philosophy that grew out of search advertising so all their AI acquisitions have a secondary effect of benefiting search.
They really remind me the most of a Silicon Valley version of 3M in how their organizational processes work. 3M for almost a century has been built around a selection of core innovations that evolve over the years out of research and spin-off into products. For instance, they conduct edge research into certain biochemical processes and their findings have informed their range of adhesive products for generations.
Google has a similar process more related to networking/AI innovations that branch off in ways that 3M does. No one says 3m has a monopoly on adhesives even if they have been an industry leader for generations because their core business now is basically nanotechnologies so their spin-offs might achieve market dominance.
This is why I think Alphabet and 3M are fundamentally different from say Facebook and Standard Oil.
This should be interesting as he’s not the type of person that will let this go.
Should start by getting the date right.
Jeff Bezos net worth jumped $9 billion in two days this week. He is now worth $130 billion. 
Jeff Bezos net worth jumped $9 billion in two days this week. He is now worth $130 billion.
His net worth tends to swing wildly based on Amazon's stock price. Trump managed to knock it down into the 90b range a couple of weeks ago when he threatened Amazon with extra fees for their use of the postal service.
Jeff Bezos net worth jumped $9 billion in two days this week. He is now worth $130 billion.
Correct me if I'm wrong but his net worth is based heavily on the share value of Amazon and his other investments. If he all of a sudden desperately needed a 130bn, and tried to liquidise his stocks immediately how much would that fall?
Trump should probably pick a different fight. Imagine what Bezos could do to him in the media if he went on the offensive.
Many analysts raised the target price for Amazon to over $2,000 within a year so Bezos's net worth is not slowing down.
Jeff Bezos net worth jumped $9 billion in two days this week. He is now worth $130 billion.
Do you remember a time when your net worth jumped significantly?
If Bezos got out of Amazon in any signifiant amount of shares, the stock price would fall off a cliff overnight. Not just because he's far and away the biggest shareholder, but also because (whether true or not) investors would interpret the founder of a company liquidating his shares as a sign that something very bad is about to happen to the company, and would also start a stampede towards selling their own shares.
I won $300 on a slot machine in Caesars Palce a few years ago...does that count? Spent it on a hooker two hours later.
We're clearly in hypotheticals here, but if he desperately needed $130Bn, he'd probably borrow a large portion of it, and post Amazon stock as collateral.
He usually sells approx 1 billion of his amazon stock every year. It finances his Blue Origin space program along with other stuff he and his wife invests in. If you need to spend more than 1 billion a year for anything you're doing it/them wrong. As long as Amazon continues to rake in huge amounts of revenue, he can do that till he's old and grey and still be the wealthiest person on the planet.
A just society would redistribute this wealth those who need it instead of watching a bald piece of shit spend it on space because "dunno, what else costs a lot of money?".
A just society would simply do what you described without worrying about fleecing Jeff Bezos of his life's work.
A just society would have seen the overwhelming majority of that stock go the workers long before it got to this stage.
Trouble is, even if the government confiscated the money Bezos has earned, it still wouldn't appropriate it to those who need it. In the case of the US, it would likely go to defense spending. You have to therefore change the government to reflect more socially conscious priorities before playing Robin Hood with other people's money.
Taking his money and lighting it on fire would be a decent compromise.
Forget about compromises. Just invest in Amazon. Even a small investment as recently as 2015 would've quadrupled in value by now.
my policy goals are not based on personal gain
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what a great system we have
But Pedro, only recently you told us about how findings of studies are often problematic and to be taken with 'a pinch of salt' and now you come to us with this uncommented. What should we make of this?
Facebook now creating a dating service . The tweets in the link are hilarious.
http://www.iflscience.com/technolog...-tinder-and-everyone-is-making-the-same-joke/
http://www.iflscience.com/technolog...-tinder-and-everyone-is-making-the-same-joke/
That is still all true, but I am not going to add qualifications to every single link that I am posting. I just wanted to add another viewpoint to this debate. I have not looked at this study in any detail. I tend to think that its easier to answer this research question with existing methodology compared to many other studies. That said this study reaffirms my priors about corporate taxation and behaviour of companies. We all believe what we want to believe.
Wasn't trying to have a dig at you, it just occurred to me that I have little knowledge about scientific methodology and the like so it seemed hard to really understand the impact of that study. Obviously there will still be studies that are legit despite the flaws science has in it.
Amateur hour here. Passwords should never ever exist in plaintext. Amazing even for a two bit online shop, but for a multi billion dollar company is just mind boggling.
Pretty much.
What is the phone thing about? I'm guessing to make people just not want to bring it so it doesn't distract them and they can't record what it's like
Its a warehouse with millions of items including brand new phones. The less they allow associates to take in the easier it is to do security.
In all fairness that guy worked there a month several years ago. He was driving 45 minutes each way and going to school. Twelve hour shifts any where would have worn him down. SOme of his posts are ridiculous. Like wanting to be able to listen to music or audio books while working......they have machinery that can take of limbs and kill you, being able to hear is kind of important.
Amazon generally pay $3 per hour above the market rate and they have very affordable healthcare. For anyone interested in seeing what its like in am Amazon facility most offer tours throughout the year. People don't walk for miles picking these days they sit/stand in one location and the robots bring the shelves to them. Its a fast moving conveyor type environment so obviously you have to coordinate things like toilette breaks with coworkers/managers.
Absolutely fair points but checking people's phones every time is silly and shouldn't be necessary. The whole thing sounds very dehumanising, although I suppose that's the nature of a lot of assembly line type work which this is similar to.
Not allowing phones is dehumanizing
. Lots of work places do not allow phones. The cell phone ban introduced after phones had been switched out and stolen. Cell phones don't tend to work in the facilities anyway. They are predominantly metal structures that block cell signals.