Live data from Hacker News

Amazon R&D spending is more than that of all companies and government of France

twitter.com

21–30 of 161 posts

Re: Amazon R&D spending is more than that of all companies and government of France

#21
post #18

Does that Amazon number include the cost of physically purchasing and installing all of those AWS server farms? Building robotic warehouses? I get that they have high R&D costs but I'm still trying to get my head around how that money is being spent.

Bring the corporate version of Dr Evil into space

Re: Amazon R&D spending is more than that of all companies and government of France

#22
post #7

Seems like a giant waste, where is my thorium power plant? where is my new battery tech? where is my fleet of robot farmers?

best i can do is more intrusive ads

And the Jetsons promised me flying cars when I was a kid.:(

Re: Amazon R&D spending is more than that of all companies and government of France

#23
post #3

I believe Amazon classifies all costs of software engineering under R&D.

Section 174 is about to change that…

Section 174 is a harebrained law aimed solely at "punishing" successful engineering companies. It is a Trump-era law designed to appease voters mad at what they view as successful big tech "intelligentsia." It will destroy startup culture.

I can't wait until we automate the people cheered this law on, out of a job.

Re: Amazon R&D spending is more than that of all companies and government of France

#25
post #18

Does that Amazon number include the cost of physically purchasing and installing all of those AWS server farms? Building robotic warehouses? I get that they have high R&D costs but I'm still trying to get my head around how that money is being spent.

Looks like the numbers being described are here: https://ir.aboutamazon.com/news-release/news-release-details...

This bit:

    Cost of Sales: 272,344
    Fulfillment: 75,111
    Technology and Content: 73,213
    Sales and Marketing: 32,551
    General and Administrative: 8,823
    Other Operating Expense (Income), Net: 62
So Technology and Content is the $73bn number.

I think Fulfillment covers warehouse and delivery costs.

"Technology and Content" presumably mixes in Amazon Prime studios, which apparently was $16bn in 2022: https://techcrunch.com/2023/02/03/amazon-ramped-up-content-s...

My guess is that it covers AWS infrastructure too.

Re: Amazon R&D spending is more than that of all companies and government of France

#26

Seems like a giant waste, where is my thorium power plant? where is my new battery tech? where is my fleet of robot farmers?

Perhaps you should ask all of the talent wasted on tracking and advertising.

Re: Amazon R&D spending is more than that of all companies and government of France

#27
post #23

Earlier quoted context omitted.

Section 174 is about to change that…

Section 174 is a harebrained law aimed solely at "punishing" successful engineering companies. It is a Trump-era law designed to appease voters mad at what they view as successful big tech "intelligentsia." It will destroy startup culture. I can't wait until we automate the people cheered this law on, out of a job.

As a software developer I also salute that law, As italian I always voted against governments who wanted to detax r&d, if its done and funded by governments for the collectivity, then it benefits everyone, but if a private company is going to r&d for the benefits of their shareholders, then they can also pay their fair share of taxes instead of leeching from the collectivity

I always felt, from outside, that anti trumpers just are against everything he does with simplistic explanation, its a good law amazon has enough money to pay their own r&d

Re: Amazon R&D spending is more than that of all companies and government of France

#28
post #2

I suspect its just a tax break related policy, ive been doing the same shit at US companies (still in EU), and some European companies (in EU) and the US one were the only one asking me to file reports for hours classified as R&D, maybe european ones have no incentive to do that Id say, considering that, and considering that for these corps taxes are lava, i’d go to look at incentives on taxes about R&D filing

Can confirm, filed some “R&D” hours at a company some years back that did software development but nothing I’d call “R&D”. They straight-up told us it was a requirement for some tax benefit or other. Like they did have us do it only on non-client work, but… it was not really R&D the way anyone means that.

Re: Amazon R&D spending is more than that of all companies and government of France

#29
post #14
post #8

Earlier quoted context omitted.

Operations should not be R&D, but everything else certainly is. Why wouldn't it be?

Because you don’t want to give tax breaks for another todo app and another off the mill CRUD that nowadays can be generated by GPT or could be copied from a template and adjusted. Using a template and adjusting or generating with GPT already sounds more like operations. You want to give tax breaks for real research and development of new things.

The market seems like it would preclude that. If they're making "another todo app" with nothing novel then the market will reject it, they will have no income, and they never would have been taxed anyways.

The thought of research tax breaks is that the market qualifies them as useful. Useless inventions make no money, and have no income to be taxed anyways.

Re: Amazon R&D spending is more than that of all companies and government of France

#30
post #2

I suspect its just a tax break related policy, ive been doing the same shit at US companies (still in EU), and some European companies (in EU) and the US one were the only one asking me to file reports for hours classified as R&D, maybe european ones have no incentive to do that Id say, considering that, and considering that for these corps taxes are lava, i’d go to look at incentives on taxes about R&D filing

CapEx vs OpEx. CapEx can be written off.
Post reply on HN