News for hackers. Stuff that matters.

A comment on Jeff Bezos’s Master Plan. Parent comment

Re:Jeff Bezos’s Master Plan by dredmorbius on Sunday October 20, 2019 @01:16PM (#21305486)
Regardless, Amazon picks the suppliers, owns the information channel, and both informs and transacts with the consumer. It operates on a greater scale than many national economies, falling at about 38th on a current listing based on 2018 revenues. Amazon is the market.

Hayek's basic premise was that national-scale central management was impossible. Amazon and other megacorps put paid to this.

[ Parent | on HN ]
Re:Jeff Bezos’s Master Plan by ci5er on Sunday October 20, 2019 @02:26PM (#21306020)
Amazon - often picks all the suppliers, and lets the buyer decide which they prefer.

Also - they deal in finished (consumer) goods. There is a whole lot of coordination before that stuff gets assembled and ready for Amazon or one or their marketplace suppliers to ship it.

Maybe they've integrated the demand chain logistics, but not the integration supply chain. And they don't dictate that consumers get to purchase one and only one brand of whatever product (like peanut butter).

[ Parent | on HN ]
Re:Jeff Bezos’s Master Plan by dredmorbius on Sunday October 20, 2019 @03:58PM (#21306655)
Amazon b2b: https://www.amazon.com/b2b/info/amazon-business
[ Parent | on HN ]
Re:Jeff Bezos’s Master Plan by ci5er on Sunday October 20, 2019 @04:22PM (#21306835)
Neat!

(Although I knew about it and stand by my assertion, because...)

I still can't conceive of using that to build a (say) iPhone.

[ Parent | on HN ]