[P2P-F] Fwd: FYI - Bloomberg's Shira Ovide: How Amazon Became Corporate America’s Nightmare

Michel Bauwens michel at p2pfoundation.net
Fri Mar 16 07:57:14 CET 2018


---------- Forwarded message ----------
From: Nurul E <ne_atl at onebox.com>
Date: Wed, Mar 14, 2018 at 9:59 PM
Subject: FYI - Bloomberg's Shira Ovide: How Amazon Became Corporate
America’s Nightmare
To:


Hi & FYI, if not already seen:

"... The company has grown so large and difficult to comprehend that it’s
worth taking stock of why and how it’s left corporate America so thoroughly
freaked out.

Executives at the biggest U.S. companies mentioned Amazon thousands of
times during investor calls last year, according to transcripts—more than
President Trump and almost as often as taxes.

Other companies become verbs because of their products: to Google or to
Xerox. Amazon became a verb because of the damage it can inflict on other
companies. To be Amazoned means to have your business crushed because the
company got into your industry.
And fear of being Amazoned has become such a defining feature of commerce,
it’s easy to forget the phenomenon has arisen mostly in about three
years... "

https://www.bloomberg.com/graphics/2018-amazon-industry-displacement/

Regards,
  - Nurul



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