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Why Amazon Has No Profits and Why It Works

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Re: Why Amazon Has No Profits and Why It Works

#241
post #184

Earlier quoted context omitted.

Perhaps less frightening when you consider that he manage to cut the end-user price of kerosene by 90%.

Cut prices on a finite and polluting resource. No, not really less frighting. Also a reminder that the term "visionary" is very relative to your horizon.

I don't oppose all improvements in human quality of life that have a potential negative environmental impact.

Re: Why Amazon Has No Profits and Why It Works

#242
post #185

Earlier quoted context omitted.

What pain and suffering did he cause, other than running his business better and offering a better product to customers than his competitors? He cut the price of kerosene by 90%, which must have vastly improved the quality of life for a lot of people.

Blowing up competitors comes to mind.

I can find one reference to a claim from a Vacuum Oil Company mechanic that he was bribed to sabotage a still which caused a sabotage a still. The website appears to be an online edition of a book, and it looks less than reputable. Is this what you're referring to?

http://www.micheloud.com/FXM/so/consolid.htm

Re: Why Amazon Has No Profits and Why It Works

#243
post #231

Earlier quoted context omitted.

Blimey. Fascinating. Sounds like a rather frightening and ruthless individual. Am curious. What would your nominations be for the Rockefeller of the tech (software/hardware) world? Ever thought about that?

Bill Gates with Microsoft. At its peak Windows was running on 90% of computers and the biggest rival Apple (Steve Jobs) was taking money from Microsoft (Bill G) to survive. Bill was able to leverage almost all other software companies to create software for Windows to create a lock in fro the customers.

Windows is still running on more than 90% of the world's PCs. It provided an openly-licensed standard that enabled hundreds of thousands of companies to enter the hardware and software business -- and some of them became rich. It also delivered huge benefits to the companies that freely adopted Windows to benefit from the massive ecosystem it produced.

It's hard to see how many people suffered who didn't fail thanks mainly to their own mistakes. I'd put DR, IBM (Lotus), Novell and Netscape in that group.

Re: Why Amazon Has No Profits and Why It Works

#244

Earlier quoted context omitted.

> Hmm, does his charitable efforts these days make up for the pain and suffering he caused back when he was a barracuda? No. Changing doesn't remove your past sins and helping one person doesn't balance your hurting another. To believe so would mean saving a life makes up for taking another life, obviously it doesn't.

Does that mean he should stop and go back to being a barracuda? It's certainly not fair to make the comparison of saving one life in exchange for taking another. A better comparison would be saving many (millions?) of poor, non-white lives in exchange for stealing money from privileged white men (majority of people in the software industry during his era).

Gates helped make a lot of your "privileged white men" rich by providing a market for compatible software and hardware. He also helped a lot of Asians become rich as well.

In the 1980s, Apple went round Hong Kong, Taiwan and China suing companies for making knockoffs of the Apple II (ie better, faster, more reliable and much cheaper versions of the Apple II). Then along came the PC industry, which welcomed them -- and their innovations -- with open arms.

How do you balance a handful of self-righteous American programmers against the wealth and the millions of jobs generated by Acer, Asus, MSI, Hon Hai, Wistron, Pegatron, Quanta, Compal, Inventec, etc?

Re: Why Amazon Has No Profits and Why It Works

#245
post #231

Earlier quoted context omitted.

Blimey. Fascinating. Sounds like a rather frightening and ruthless individual. Am curious. What would your nominations be for the Rockefeller of the tech (software/hardware) world? Ever thought about that?

Bill Gates with Microsoft. At its peak Windows was running on 90% of computers and the biggest rival Apple (Steve Jobs) was taking money from Microsoft (Bill G) to survive. Bill was able to leverage almost all other software companies to create software for Windows to create a lock in fro the customers.

Correct! And if I say that Amazon is doing the same then I think we will have to agree to that! Don't we!?

Re: Why Amazon Has No Profits and Why It Works

#246
The fly in the ointment that I see is that if shareholders become disillusioned and decide to return Amazon stock to a more reasonable valuation, alot of things could come apart in a company which bases a significant portion of its employee compensation on stock/stock options, as Amazon does.

Re: Why Amazon Has No Profits and Why It Works

#247

Earlier quoted context omitted.

I would equate only Musk to him with respect to creating lasting change.

What lasting change has Musk effected? The potential is certainly there, but the average person's life isn't much different than it would be had Musk never existed.

Its too early to judge, I think the with the Tesla its really deep connection how the average persons life will change in near future and greater good of the future generation.

http://www.teslamotors.com/de_AT/blog/promise-electric-vehic...

Re: Why Amazon Has No Profits and Why It Works

#248

Earlier quoted context omitted.

What stylistic means, if you don't mind my asking?

Overtly bias portrayals to an extent that it becomes celebratory in nature. While I can understand the need to do so, it has become so ingrained that it is impossible find any historically objective documentary that allows viewers to understand the mindset of the period.

Thanks. So, hagiographic? Or just plain biased.

Re: Why Amazon Has No Profits and Why It Works

#249

Earlier quoted context omitted.

Overtly bias portrayals to an extent that it becomes celebratory in nature. While I can understand the need to do so, it has become so ingrained that it is impossible find any historically objective documentary that allows viewers to understand the mindset of the period.

Thanks. So, hagiographic? Or just plain biased.

Note that the person who answered your question wasn't the person you asked it of.

Re: Why Amazon Has No Profits and Why It Works

#250
post #238

Earlier quoted context omitted.

Did you read my comment? The average person can't take advantage of anything offered by the private space industry.

The average person doesn't make use of communication satellites? Ok, maybe not directly, but without them you wouldn't be able to live sports on TV. http://www.spacex.com/news/2014/07/14/falcon-9-launches-orbc... http://www.spacex.com/news/2014/08/06/spacex-launches-asiasa...

Elon Musk did not invent communication satellites. In fact, he wasn't even born yet when they were invented.
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