A vault of data on every product on the internet.
  • Arcane2077@sh.itjust.worksEnglish
    1·
    6 hours ago

    The thing is, this would be a good thing; so it’s never going to happen.

    Amazon presses its enormously unfair advantage with the data it collects and generates from its shopping platform. It knows exactly how much money a person of each demographic is willing to spend, on almost any product. They know exactly when the customer will look for it, and what they look for when they’re shopping for it.

    If a product is trending upwards, and they don’t provide it already, they cut out the third-party seller and manufacture it themselves, using their far reach to undercut the competitor whose product they’re stealing getting inspired by. All without spending a single cent on research or material development.

    Nobody else gets to produce and sell a product with the prescience Amazon gets to have.