Amazon Has Become A Macro Phenomenon
September 22nd, 2017 · No Comments
- Has Amazon become so big that it is starting to affect how the US economy behaves?
- The evidence is somewhat mixed, Amazon probably exerts downward pressure on prices, but not on wages.
- At least, not yet, because we are likely to be close to an inflection point where the automation of the whole logistical trajectory is going to get automated.
- That will likely have a much more profound effect on employment and wages.
Source: Amazon Has Become A Macro Phenomenon | Seeking Alpha
Tags: AMZN · Economy