Does Charles understand that a company's market capitalization is not the amount of money that a company has?

@2 I was indeed pointing thAt out.

Charles, I'm not sure where you are getting this idea that Amazon isn't producing new products. Do you follow the developments of Amazon Web Services? Commonly referred to as AWS? If DNS is the backbone of the internet, AWS is most of the muscle. It is estimated that almost half of the internet runs on AWS virtual servers.

But that's just the human-intelligible of AWS. The variety of different AWS services is astonishing. I'll put a link below. Follow it, and hover your mouse over the "Products" menu. Over one hundred different products, ranging from pedestrian entries like virtual call centers, to more open-ended markets like AI.

https://aws.amazon.com/?nc2=h_lg

It's not only wildly incorrect to say that they're not developing new products, but dangerously so. You might drown in a rising tide if you have no boat, but you can also boil in that same tide as it grows slowly but inexorably warmer.

Amazon operates on famously thin margins. And the reason that investors let Bezos get away with this is that almost every penny goes to making Amazon's AWS services ubiquitous, essential, and inescapable.

Everything Zuckerberg has created with Facebook could be swept away with relative ease. If you were clever, you might be able to use the internet and avoid Google. I do not think that's possible with Amazon anymore.

@4) i was mocking apple not amazon in this regard.

Charles! This line absolutely fascinates me: "It's super-hard for workers to block the circuits of finance, which are located not in real-time but in the future." Please write a post on what this means and how--theoretically--workers might do exactly this "blocking" as you describe.

What @7 said. I love you Charles.

I agree 100% that the right to collectively bargain is the chip labor holds over management. What concerns me about playing that chip in this day and age is that much of this type of labor can (and most likely will) be replaced by robots, and since robots don't strike and can't really hold any leverage over management, a striking labor force only incentivizes management to accelerate this replacement.