Re:WeWork and Counterfeit Capitalism
by streetcat1 on Wednesday September 25, 2019 @06:54PM
(#21076480)
So I am not sure. I think that startups (with all due respect) generate buzz, inversely correlated with their technical depth. So AWS is mainly composed of non tech companies.
I also think that AWS did an excellent job locking its customers, so they cannot just "leave".
The real treat here is kubernetes. If I program to kubernetes , I can, in theory, move the workload from cloud to cloud, or move the workload from on prem to cloud.
This brings actual competition to the cloud space.
The problem is how to provide all the high-level services that AWS provide, and this will have to be taken by future startups which would extend kubernetes.
Re:WeWork and Counterfeit Capitalism
by buboard on Wednesday September 25, 2019 @05:15PM
(#21075574)
Amazon must know that and i guess thats why they dont give up the commerce biz
Re:WeWork and Counterfeit Capitalism
by jethro_tell on Wednesday September 25, 2019 @07:16PM
(#21076625)
Lol, or the bulk of the AWS income that is probably boring enterprise. Sure, less startups is less cpu cycles bought, but there are a shit tone of companies that aren't going to scale down in a massive way.
yahoo was at risk because the BULK of their ad business was ads for a budding industry that was hit hard. Normal boring enterprise was still selling buying ads elsewhere.
In other words, like Yahoo getting a lot of their late-90's advertising from dot-com bubble companies that evaporated in 2001, AWS is massively exposed to the current bubble in "we have so much VC cash we don't know what to do with it" companies. When that goes away (i.e. the next downturn), AWS will lose a huge chunk of their business all at once. It will be interesting to see what Amazon's bottom line looks like at that point.