Cory Doctorow on Nostr: Amazon's stock price boost off the back of the Amazon Go announcements represented ...
Amazon's stock price boost off the back of the Amazon Go announcements represented the market's bet that Amazon would evert out of cyberspace and fill all of our physical retail corridors with monopolistic robot stores, moated with IP that prevented other retailers from similarly slashing their wage bills. That unbridgeable moat would guarantee Amazon generations of monopoly rents, which it would share with any shareholders who piled into the stock at that moment.
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Published at
2024-01-31 09:14:36Event JSON
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