At the start of last week's earnings call, Jeff Bezos warned Amazon shareholders that they "may want to take a seat."Scott Galloway is a bestselling author and professor of marketing at NYU Stern.No Mercy / No Malice."
Galloway says that there have been only three great 'unlocks' or major discoveries in the business world over the past 20 years. The fourth unlock, Galloway predicts, will be Jeff Bezos' reinvestment of $4 billion in Amazon profits back into his company to be used to develop 'protocols to adapt to a new world,' post-coronavirus.An unlock is the discovery of an accelerant for the brand, product, or service invisible in plain sight. The mold on cheese curing disease was a substantial unlock . So is administering a small dose of a pathogen to immunize someone from the complete, more harmful pathogen .
In the last 20 years, there have been three unlocks in the business world that have created over $500 billion in shareholder value. I believe the fourth was revealed last week. So, the first three, in chronological order:Steve Jobs zigged when everyone was zagging. He reallocated billions from traditional brand building to distribution, opening stores — temples to the brand. Any great decision seems logical, even pedestrian, in the rearview mirror.
Moonalice profgalloway Amazon have huge ambitions in the healthcare space so this probably,y isn’t too far from the truth. They already work with the UK’s NHS and have access to supposedly anonymous patient data.
profgalloway That'd cause a rightful riot know? Only Prime members? They should work w the govt and serve as the administration arm for the govt. To give that service to only Prime would be a PR mess plus tons would sign up just for the test
profgalloway Absolutely not. * Amazon is not trustworthy. * Amazon knows basically nothing about health. * Subscription membership to a private e-commerce company is not a (universal) health insurance. Amazon cannot and should not offer that.
profgalloway Trump would never ask Bezos for help. For all we know that help has been offered and turned down.
profgalloway I love Amazon. But, Give. Amazon. My. Blood?
profgalloway Would be beneficial for but a small segment of society. What are you suggesting, test every 24hrs?
profgalloway Why just prime members? I spend tons on Amazon but I don’t have prime.
SRuhle profgalloway “You Can't Fix Stupid” There are people in USA who are spread Coronavirus (COVID-19) on purpose no amount of help from Amazon can stop this. See you in 2 weeks.
SRuhle profgalloway I’m in!
SRuhle profgalloway That would really piss off Trump.
SRuhle profgalloway Take a seat, corporate overlord.
SRuhle profgalloway We need a functioning administration that listens to science and lets our world class public health system take the lead. We DO NOT need Amazon to save us.
SRuhle profgalloway Pay Jeff Bezos for access to life? No.
SRuhle profgalloway Have some fun at FridayFeeling
SRuhle profgalloway I don't know about your other respondents; I feel we should be in a better position than Such Korea; since we put them on the Map
SRuhle profgalloway Yes.
SRuhle profgalloway But do we want Amazon in possession of our DNA? They know almost everything else about us.
SRuhle profgalloway If that involves Amazon knowing my results and/or having access to the test swab and being able to run more tests on the swab (i.e. DNA tests, etc).... no. Big huge no.
SRuhle profgalloway Cause trump & gop can't do the job!
SRuhle profgalloway The day he announces this is the day I subscribe to Prime. It's a win win for him. Millions of others would too. I just want some goddamn widespread testing and tracing and I want it now.
SRuhle profgalloway And it would f’ing piss off trump to no end if they did
SRuhle profgalloway What a great idea
profgalloway So you’re telling me that you want me to willingly give Amazon my DNA?
profgalloway Now that would get under Trump's skin.
profgalloway “Can and should” is clickbait ☹️, profgalloway is simply guessing/predicting, from what I interpret from his actual statement: “I believe Amazon will...”
profgalloway There are Prime members outside the USA too.
profgalloway or he could just buy another couple of houses...tough call
profgalloway I just knew that being an Amazon Prime member would offer me more than just two days free shipping. sarcasm
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hblodget profgalloway Before they save the whole country why don’t they take care of their own warehouse pickers?
profgalloway Yes. This. 💯