Amazon (among other tech behemoths) is set to testify in front of Congress - primarily about how big and powerful it has become, and whether concerns regarding its amount of power are justifiable
Bezos is (apparently) going to be stressing 2 things:
- How many jobs Amazon has created
- How many sales for 3rd party merchants Amazon has enabled (aka bc of Amazon, small businesses can now sell much more, very easily)
Two questions I'd ask Bezos:
- How many jobs/business Amazon has killed, and if they think they have a responsibility to help re-skill the affected workforce
- How much Amazon has directly profited from using 3rd party merchant sales data to bolster their own private label (aka XYZ company is suddenly selling tons of USB cables --> it's time for AmazonBasics to sell USB cables for $2 less and place them as the 1st search result)
There are a lot of nuances and grey areas - but it's important to try and understand the whole picture (including consequences of a business so big)
I hope we don't let tech companies alone frame the discussion during the hearing prophetSharing tech