Economics Thread

thethe said:
I stand by my statement.

And even with all these businesses they are sucking the profit margins dry so businesses 'operate' on AWS but not to the financial efficiency as they could have in a system that supported individual business owners over a global conglomerate.
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This is just jargon babble. What does financial efficiency even mean in this context? How would it be advantageous for a business to spend thousands of dollars build their own crappy server for their crappy website that's extremely vulnerable to attacks that crashes when 10 people logon at the same time.

You can make whatever statement you would like, but there is overwhelming evidence that you are wrong.
 
chop2chip said:
This is just jargon babble. What does financial efficiency even mean in this context? How would it be advantageous for a business to spend thousands of dollars build their own crappy server for their crappy website that's extremely vulnerable to attacks that crashes when 10 people logon at the same time.

You can make whatever statement you would like, but there is overwhelming evidence that you are wrong.
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Jargon babble? Do you know the amounts that AWS charges business owners to operate on their site? Do you know how strict the fulfillment rules are?

I actually consulted for a company that was in the process of placing on Amazon so I know a thing or two about this.

Small businesses don't have to worry about their site crashing because of overuse because they are SMALL BUSINESSES. But if you are fortunate enough to have that problem there are plenty of servers that can handle the traffic that don't charge you an arm and a leg.
 
thethe said:
Jargon babble? Do you know the amounts that AWS charges business owners to operate on their site? Do you know how strict the fulfillment rules are?

I actually consulted for a company that was in the process of placing on Amazon so I know a thing or two about this.
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Apparently not so much that's basically used by literally everyone because significantly cheaper, better, and more scalable than building your own IT solutions in house.. And if it were too expensive, Microsoft Azure and Google Cloud (or IBM or Oracle or etc.) would be happy to take their business.
 
chop2chip said:
Apparently not so much that's basically used by literally everyone because significantly cheaper, better, and more scalable than building your own IT solutions in house.. And if it were too expensive, Microsoft Azure and Google Cloud (or IBM or Oracle or etc.) would be happy to take their business.
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They HAVE to use it because all shoppers eyes are on Amazon. Amazon uses this and sucks small businesses profit margin dry.

Its the whole point.
 
thethe said:
They HAVE to use it because all shoppers eyes are on Amazon. Amazon uses this and sucks small businesses profit margin dry.

Its the whole point.
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I don't think you know how AWS works. It has nothing to do with shoppers.

AirBnB doesn't care about how many shopper eyes are looking at shampoo on amazon.com. Netflix doesn't care how many people bought a lego set on Prime Day.
 
chop2chip said:
I don't think you know how AWS works. It has nothing to do with shoppers.

AirBnB doesn't care about how many shopper eyes are looking at shampoo on amazon.com. Netflix doesn't care how many people bought a lego set on Prime Day.
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What do you mean it has nothing to do with Shoppers?

If everyone is shopping on Amazon you HAVE to place your products on Amazon.
 
chop2chip said:
So I was right. You don't know what AWS is. It literally has nothing to do with amazon.com
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Ok - So I acknowledge I conflated AWS with putting their products on Amazon to sell as that was the whole basis of our argument/conversation and you pivoted to AWS and I didn't adapt.

Every single thing that I have said is about selling products on Amazon and not having your online footprint supported by their infrastructure.

Not sure why you pivoted to AWS when I wasn't talking about that at all.

Small businesses can host their online footprint with anyone and do not need the scalability that the big players can offer. Its just an odd pivot you made in our conversation on small businesses.

Likewise, my consulting was for an independent cosmetic company that was going to start selling their products on Amazon.
 
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thethe said:
Ok - So I acknowledge I conflated AWS with putting their products on Amazon to sell as that was the whole basis of our argument and you pivoted to AWS and I didn't adapt.

Every single thing that I have said it about selling products on Amazon and not having your online footprint supported by their infrastructure.

Not sure why you pivoted to AWS when I wasn't talking about that at all.
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Now that you know what AWS is, you should do some research on what they do and the hundreds of thousands of businesses exist on their platform. It's probably the most important innovation for small businesses since World War II. You'll be happy that we didn't break Amazon up.
 
chop2chip said:
Now that you know what AWS is, you should do some research on what they do and the hundreds of thousands of businesses exist on their platform. It's probably the most important innovation for small businesses since World War II. You'll be happy that we didn't break Amazon up.
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I 'knew' exactly what AWS was but I get tunnel vision in conversations on this forum.

And again - Acknowledging that a global conglomerate can do good doesn't release them from their parasitic business practices destroying the middle class.

I'd actually wonder how you think AWS is helping small business such as a mom and pop that was the whole basis of our argument.
 
thethe said:
I 'knew' exactly what AWS was but I get tunnel vision in conversations on this forum.

And again - Acknowledging that a global conglomerate can do good doesn't release them from their parasitic business practices destroying the middle class.

I'd actually wonder how you think AWS is helping small business such as a mom and pop that was the whole basis of our argument.
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"Mom and pop" is really just another way of saying a 25 year old kid named thethe who graduated college. Instead of working for Apple or Amazon (globalists scum - eww), he wants to start his own business (e.g. an app that curates shopping choices for US made products :smile ). Instead of building his own IT infrastructure, thethe rents AWS for a fraction of the cost and is ready to go now. thethe is now a proud owner of an American first small business.
 
chop2chip said:
"Mom and pop" is really just another way of saying a 25 year old kid named thethe who graduated college. Instead of working for Apple or Amazon (globalists scum - eww), he wants to start his own business (e.g. an app that curates shopping choices for US made products :smile ). Instead of building his own IT infrastructure, thethe rents AWS for a fraction of the cost and is ready to go now. thethe is now a proud owner of an American first small business.
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Great - That doesn't help 95+% of the small businesses that Amazon destroyed by forcing them to either sell on their platform (with taking a hefty margin cut) or made having your own brick and mortar (w/online presence) impossible.
 
thethe said:
Great - That doesn't help 95+% of the small businesses that Amazon destroyed by forcing them to either sell on their platform (with taking a hefty margin cut) or made having your own brick and mortar (w/online presence) impossible.
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Glad you learned something new today! (probably on a forum powered by AWS)
 
chop2chip said:
Glad you learned something new today! (probably on a forum powered by AWS)
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Nice pivot (like your pivot from Amazon the seller to AWS) to not acknowledge how much damage Amazon is doing to small businesses that has caused so much turmoil for the American Middle Class.

I suggest you find someone who sells on Amazon and has been copied by Amazon and ask them what their sales look like now.
 
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A comparable to AWS would have happened just the same with good olde private equity investment.

I think that would mean the free market responding to a need.
 
I missed much of this discussion and there's too many points to catch up on. But I will say this

If businesses want to lever up and go all in on supply chain in one country... there is a market incentive to buck that trend for black swan events. The difference is, our current system knows that if **** hits the fan, the government will bail them out.

We saw this in 2008. We saw this in covid... **** hit the fan for these business supply chains, and the government spent trillions rescuing them. If we had a free market, that safety net would have never existed, and companies would have been much more diversified
 
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chop2chip said:
"Mom and pop" is really just another way of saying a 25 year old kid named thethe who graduated college. Instead of working for Apple or Amazon (globalists scum - eww), he wants to start his own business (e.g. an app that curates shopping choices for US made products :smile ). Instead of building his own IT infrastructure, thethe rents AWS for a fraction of the cost and is ready to go now. thethe is now a proud owner of an American first small business.
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It's also ignoring the potential of small businesses to make money as sellers on amazon where amazon's platform and shipping model can result in them getting much more exposure.

Walmart destroyed many more small businesses than Amazon ever could.
 
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thethe said:
A comparable to AWS would have happened just the same with good olde private equity investment.

I think that would mean the free market responding to a need.
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Cloud computing was brown out of Amazon.. followed by Microsoft and Google.

The scale required to build such a system is not something that can just be created overnight
 
Cloud technology by the way has resulted in insane growth in new small businesses. Why? Because now the cost and time to launch a small business has been reduced by 90%.

That's because of AWS. And AWS is because of Amazon
 
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