111–120 of 190 posts
Berkshire, Not Buffet. Also, why would anyone want to work at Amazon at this point? One of the worst companies to join with the worst margins out of the big tech companies. [0] https://news.ycombinator.com/item?id=46809296
Earlier quoted context omitted.
I don't share the Amazon hate everyone has, I've had very good experiences with Amazon retail. But I do sometimes try to spread out my purchases to other vendors due to monopoly concerns. It's amazing how many times you buy direct from a vendor and then it comes via Fulfilled by Amazon. The other issue is when anything goes wrong I've had a hell of a time with some vendors. It's a crapshoot - some vendors ship quickl…
> it's hard to compete on Amazon for shipping costs. Not so much that it is hard, as that Amazon more or less forces vendors on its platforms to eat shipping costs.
Amazon is pretty volatile stock at the moment, as are most companies that chase the AI bandwagon. I don’t think Amazon is doomed but the companies chasing AI are in for a rough time. Plus continuing waves of layoffs will lead to more frequent and longer AWS outages, and lower quality of retail products will hurt that side of Amazon.
Maybe the novelty of Amazon has worn off. I occasionally purchase from their UK site, and it’s filled with tricks to get me to sign up for Prime upon checkout. Really horrible workflow and design decisions, cheapening the experience. I now see similar changes to the US version: ‘you saved $15 in shipping by being a Prime member with this purchase’ and ‘last year you made 211 sustainable product purchases’. Guys, quit…
They are the TJ Maxx of software development.
I personally haven’t expected anything more of them for years. Once you’ve seen how the sausage is made and all that.
Next time Amazon goes low I'm sure he'll buy it all back at a discount. With all his wealth he can get away with slow patient investing with swathes of cash.
My view of Amazon's decline comes from being a "partner" in their seller and publisher ecosystems for years. The seller platforms in particular (Brand Registry, Vendor Central, Seller Central, Transparency, etc.) have crippling levels of technical debt. The situation has only gotten worse with Jassy's reckless directive for the entire organization to push into Generative AI ( https://www.aboutamazon.com/news/company-…
My view of Amazon's decline comes from being a "partner" in their seller and publisher ecosystems for years. The seller platforms in particular (Brand Registry, Vendor Central, Seller Central, Transparency, etc.) have crippling levels of technical debt. The situation has only gotten worse with Jassy's reckless directive for the entire organization to push into Generative AI ( https://www.aboutamazon.com/news/company-…
> Its PPC ad platform is completely predatory, loaded with dark patterns and hidden defaults that add billions to top-line revenue while strip-mining the accounts of sellers who often have no choice but to participate in the auctions. At least they mark ads as 'sponsored', even though it isn't super prominent. I always scroll until I see organic results, myself.
My view of Amazon's decline comes from being a "partner" in their seller and publisher ecosystems for years. The seller platforms in particular (Brand Registry, Vendor Central, Seller Central, Transparency, etc.) have crippling levels of technical debt. The situation has only gotten worse with Jassy's reckless directive for the entire organization to push into Generative AI ( https://www.aboutamazon.com/news/company-…
Amazon is pretty volatile stock at the moment, as are most companies that chase the AI bandwagon. I don’t think Amazon is doomed but the companies chasing AI are in for a rough time. Plus continuing waves of layoffs will lead to more frequent and longer AWS outages, and lower quality of retail products will hurt that side of Amazon.
People predicted that about Twitter but it didn’t really happen
Berkshire Hathaway has my favorite website (or, WEB page, as they style it) of any big company: https://www.berkshirehathaway.com/