September 28, 2021

September 28, 2021

Your Source for Free Speech,
Talk Radio, Podcasts, and News.

The Amazon Effect

by | Apr 3, 2018 |

Print Friendly, PDF & Email

When President Trump declared war against Amazon, he was echoing his predecessor Barack Obama, who also thought it was within his job description to ‘pick winners and losers’. In this case, Trump apparently decided to turn a winner into a loser. Since his war with Amazon began, Amazon has lost nearly 10% of its value, representing billions of dollars. His declared rationale is that because of Amazon, many small ‘mom and pop’ stores are going out of business, that jobs are being lost, and that the villain in this story is the extraordinary power that Amazon has in the economy and the challenge that it provides to the little guy.
We have seen this movie before. Back in the early nineteen eighties, the computer revolution was in its heyday. It was changing the way we worked, the way we communicated, the way we lived. The min-computer – something between a desktop and a mainframe computer that has now almost disappeared – ruled the business world, giving even small companies the ability to automate their operations in a way that had never been possible before.
The changes were significant, and the nay-sayers warned that the advent of the computer would result in millions of lost jobs, as workers in factories and offices alike, with no computer skills or experience, would quickly be replaced by what they called the ‘automated office’. The consultants called it ‘disruptive change’, and so it was. But it was not the calamity that they predicted. It was, in fact, a doorway to new industries, new jobs, new training programs, and an expanding economy.
As the micro-computer began to make huge strides into the market, people learned to use them, rather than fear them. At first, the computers were small, with limited computing power and monitors that were only capable of displaying monochrome text in a single, mono-space typewriter font. Their output depended on glorified, computerized typewriters. But within only a few years, the expanding capability of the Internet burst into the market, supported by new computers with full color monitors and a dazzling graphics capabilities, and printers that could produce elaborate documents in full color. As the popularity of computers went up, the price of computers went down, until there was barely a household in the Western world that didn’t have at least one. Children learned about computers in their homes and schools, and chose careers in the new technologies that grew into massive industries. Rather than destroying jobs, computers created jobs.
Today’s disruptive technologies have created new opportunities in fields that link computerized systems with automation in manufacturing, sales, distribution, and oversight. When Amazon opens one of its huge, fully automated fulfillment centers, it also hires more than 2,000 new workers. It also provides work to delivery companies like UPS and Fedex, as well as providing opportunity for the already-floundering US Post Office. Trump has singled out the Post Office as an example of an Amazon victim, but the USPO was in trouble long before Amazon came along. By providing massive distribution work for the delivery companies, Amazon helps keeps their trucks running as Americans buy from Amazon on-line. In fact, Amazon’s contribution to the American economy includes providing over 542,000 jobs around the country for people at all skill levels.
One of the side effects of the technology revolution is time compression. The time it takes to do a task, the time it takes to buy a product on-line, and the time it takes to deliver it from the seller to the buyer, all have been speeded up in ways never thought possible. One can buy a product on-line in California and have it delivered the next day (or sooner!) in New York.
Business has also benefitted from the technology revolution in countless other ways. Teleconferencing has replaced previously essential cross-country travel for meetings, with a huge gain of productive time and energy. The ability to research, write, and deliver critical reports has accelerated dramatically. And research of every kind has been enhanced and accelerated in previously unimagined ways. Here again, the magic of disruptive change has created millions of new jobs.
A caveat is also inherent in the new realities of the Amazon economy. Millions of Americans, many in small mom and pop businesses, depend on Amazon to provide them with a national, even global, market that they could never access before. Millions use Amazon as their on-line department store, to buy and ship their purchases, either for convenience or necessity, if they are homebound. Large and small vendors, even mom-and-pop merchandisers, depend on Amazon to reach larger markets than they could on their own. Millions of others depend on their investment in shares of Amazon stock to help fund their retirements. But in the month of March of this year, as a direct result of the President’s negative reamarks, Amazon lost over $200 in share value, nearly 10% of its worth, and tanked the stock market, not just the Amazon shares. For a small investor whose 401K depends on a healthy stock market, this could be shattering.
So here, Mr. President, is my forecast, that I hope will give you some reassurance, and a plea for reconsideration:
My forecast: The Amazon effect will prove to be a boon, not a threat, to the American economy. It has created a brand new dynamic in the supply and demand cycles of America’s economic engine that will revolutionize new industries (such robotics, inventory control, and supply chain dynamics). It will create new opportunities for millions of Americans as the Amazon effect is adopted by other companies, and new jobs at every level from manufacturing to management. Where old companies have and will continue to fail (as they always have), new companies, based on the new realities of the Amazon era, will spring up all around America.
So please, Mr. President, let Amazon help you make America great again, by being a leader in a new and exciting technology revolution in America, with a strong, resilient economy based on the disruptive change that will provide opportunity for all Americans.

Avatar

Dennis Santiago is an author and commentator on national policy and global stability issues. His subject matter expertise was developed during the Cold War as a strategic warfare systems analyst, missile defense architect, and arms control analyst. He is the author of the US Imperfect Defense Theory of Strategic Missile Defense. Dennis has worked on conventional warfare, nuclear warfare, and asymmetric warfare. His expertise includes combat aircraft, ordnance, electronic warfare, command and control, campaign design, and game theory.

Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments

Disclaimer: The information contained in this website is for educational, general information, and entertainment purposes only and is never intended to constitute medical or legal advice or to replace the personalized care of a primary care practitioner or legal expert.

While we endeavor to keep this information up to date and correct, the information provided by America Out Loud, its website(s), and any properties (including its radio shows and podcasts) makes no representations, or warranties of any kind, expressed, or implied, about the completeness, accuracy, reliability, suitability, or availability with respect to its website(s) or the information, products, services or related graphics and images contained on the website(s) for any purpose.

The opinions expressed on the website(s), and the opinions expressed on the radio shows and podcasts, are the opinions of the show hosts and do not necessarily represent the opinions, beliefs, or policies of anyone or any entity we may endorse. Any reliance you place on such information is therefore strictly at your own risk.

At no time, nor in any event, will we be liable for any loss, or damage, including without limitation, indirect or consequential loss of data or profits arising out of, in an association of, or connection with the use of this website.

Through this website, users can link to other websites that may be listed. Those websites are not under the control of America Out Loud or its brands. We have no control over the nature, content, or availability of those sites. America Out Loud has no control over what the sites do with the information they collect. The inclusion of any links does not necessarily imply a recommendation, nor does it endorse the views expressed with or by them.

Every effort is made to keep the website up and running smoothly. However, America Out Loud takes no responsibility for, nor are we, and will not be liable for being temporarily unavailable due to technical difficulties beyond our control. America Out Loud does not sell, trade, nor market email addresses or other personal data.

Use the code ‘OUTLOUD’ and receive your 20% discount on your first order.

Covid is Political Power, Not Medicine

Covid is Political Power, Not Medicine

Effective medicines for treating Covid like Ivermectin and Hydroxychloroquine are now restricted by state and county boards of health. Drug stores, under pressure from these government agencies, now often refuse to fill doctor’s prescriptions for these medicines. The government is now diagnosing and prescribing for you, not your doctor. What to Do?

The Effectiveness of Natural Immunity

The Effectiveness of Natural Immunity

The impact and disruption to families and businesses are between the vaccinated and the unvaccinated. It’s a fight the federal government has been fueling with its aggressive stance in pushing and mandating vaccines. Dr. Peter McCullough explains, “SARS-CoV-2 causes an infection in humans that results in robust, complete, and durable immunity, and is superior to vaccine immunity.” Senator Ron Johnson sent a letter to the CDC and FDA…

Gender Identity and The Equality Act

Gender Identity and The Equality Act

There are already severe conflicts between sexual orientation, gender identity, and religious liberty. If the Equality Act becomes law, it would force every American to agree with a highly controversial Democrat party-endorsed and LGBTQ-promoted political ideology on sexuality and gender identity or be prosecuted as an outlaw…

The Squalid Socialist State, Goal Achieved!

The Squalid Socialist State, Goal Achieved!

Today, it is accepted that Biden’s administration is not only inept but dangerous. While drowning in its own stupidity, Biden still insists on its success in his masterful Afghanistan withdrawal, the Covid-19 scam, and the open border over which floods of disease-infected third world illegals. This administration is dangerous to a Republic form of government; indeed, its aim is to destroy it and impose Marxism…

Democrats’ Human Rights Egregious Duplicity

Democrats’ Human Rights Egregious Duplicity

Biden and his clueless stooges keep falsely and shamelessly telling the world how much they care about Human Rights. The very Human Rights that Biden and the Democrats shamelessly and repeatedly remind a flabbergasted world, how Racist Americans are. If we paraphrase Churchill’s speech to describe the State of the Union under Biden’s watch, it would look like this: “Never in the field of diplomacy have so many been betrayed by so few.”

Header

Your Source for Free Speech, Talk Radio, Podcasts, and News.

 

Here we take on the challenges of our generation so that we can preserve future generations.

iHeartRadio

The APPS are free; the mission is priceless!

Free APP

Podcast Networks

Apple Podcasts
Google Podcasts
Spotify
Pandora
Tunein
iHeart
Stitcher

Subscribe and Listen on Your Favorite APP

Our Columnists and Show Hosts

COVID Solution Summit

Apple Podcasts

Evacuating Americans & fully-vetted Afghan's at Risk - Help Us!

Apple Podcasts

Empowering and mentoring conservative trailblazers from Generation Z to win!

Apple Podcasts

Turning Point Action is Recruiting Precinct Chairs - Become a Grassroots Warrior Today!

Apple Podcasts

URGENT - KEEP NINE
Please join us to protect the Supreme Court:
Sign the Petition!

Apple Podcasts

The LATINO USA EXIT from the Democrat Party, click for details...

Apple Podcasts

Fighting corporate censorship and ensuring voter integrity...

Apple Podcasts

Support wounded and fallen police officers. The Wounded Blue.

Wounded Blue
Share via
Copy link
Powered by Social Snap