Amazon's Inevitable Enshitification...

How Money Works · Beginner ·🚀 Entrepreneurship & Startups ·11mo ago

Key Takeaways

Examines Amazon's business strategy and potential decline

Original Description

To try everything Brilliant has to offer for free for a full 30 days, visit http://www.brilliant.org/howmoneyworks. You’ll also get 20% off an annual premium subscription. ----- Sign up for our FREE newsletter! - https://www.compoundeddaily.com/ Books we recommend - https://www.howmoneyworkslibrary.com/ Listen on Spotify - https://open.spotify.com/show/5gi1JobDJC3QqaF4aKfenR?si=f3IsgWIlSKObF8BT1Fitig ----- My Other Channel: @HowMoneyWorksUncut @HowHistoryWorks Edited By: Svibe Multimedia Studio Music Courtesy of: Epidemic Sound Select Footage Courtesy of: Getty Images 📩 Business Inquiries ➡️ sponsors@worksmedia.group Sign up for our newsletter https://compoundeddaily.com 👈 All materials in these videos are for educational purposes only and fall within the guidelines of fair use. No copyright infringement intended. This video does not provide investment or financial advice of any kind. #amazon #business #money ----- Amazon's business offering is changing… because it NEEDS to change. The tech conglomerate has so many fingers in so many pies it has found itself exposed to basically every risk (and opportunity) in the market today. Softening demand from maxed out consumers, pushback from exploited third party retailers, returns fraud, investors who want to actually start seeing some profits on all the AI hype, a growing dependence on advertising revenue, a degrading customer experience, competition from chinese retailers (who are selling a lot of the same crap anyway) and the fact that they are literally running out of human beings who haven’t already worked for them before and quit. It’s easy (and honestly sometimes a little bit fun) to point out the flaws and challenges in a business that has screwed over so many people, but the Amazon case study is more important than that. It perfectly encapsulates the strengths and weaknesses of THE modern business strategy as it tries to be so many different things to so many different people. You might thi
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