Tweet
Amazon will use its amazing computer-driven tactics to cut Whole Foods’ cost of selling groceries. But Amazon’s robotic “efficiency” is achieved by cutting people. It ruthlessly squeezes suppliers for example, demanding that they give bankrupt-level wholesale prices to the retail colossus. That means that small organic farmers and food artisans are destined to be squeezed out of Whole Foods, displaced by deep-pocket, global food makers who’re willing to cut corners on quality and the environment in order to get on Amazon’s new grocery shelves.
Jeff Bezos, Amazon’s CEO, doesn’t views workers as assets, but as costs, so to jack-up the grocery chain’s profit he’ll cut those “costs” – aka, people. He’s already testing a store concept that has no cashiers to interfere with your shopping “experience,” using computer sensors to take your money electronically, instead of paying bothersome humans to do the job of checking you out . . .
Quoted from a July13, 2017 radio broadcast by Jim Hightower –
He is a popularist, but sees this correctly.
Echoes of Walmart
Jeff Bezos, Amazon’s CEO, doesn’t views workers as assets, but as costs, so to jack-up the grocery chain’s profit he’ll cut those “costs” – aka, people. He’s already testing a store concept that has no cashiers to interfere with your shopping “experience,” using computer sensors to take your money electronically, instead of paying bothersome humans to do the job of checking you out . . .
Quoted from a July13, 2017 radio broadcast by Jim Hightower –
He is a popularist, but sees this correctly.
Echoes of Walmart
Comment