Why Jeff Bezos Owns Everything...
ฝัง
- เผยแพร่เมื่อ 16 ธ.ค. 2020
- Is Amazon too big and powerful? Is Jeff Bezos & Amazon taking over the world? This mini-documentary looks at what Amazon is investing in, what Amazon is planning for the future, and the problems Amazon's dominance may cause. We also look at the story of Amazon's rise, and potential business lessons we can learn.
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💬 Is Amazon too big? Do you think Amazon are taking over the world? Comment below!
When Jeff Bezos founded Amazon, he originally considered naming it Relentless, and even registered the domain name Relentless.com which is still active to this day. However, when friends told him the name sounded a bit sinister, he changed it.
Fast forward to present day, and Bezos is the richest man in modern history, and has gone from being one man in an office to running a trillion dollar global empire. And whilst the story of Bezos and Amazon is undeniably inspiring, the real question, is where does this story end? Because now more than ever, the name Relentless seems like the perfect fit.
Amazon started from humble beginnings in 1994 selling books on the internet, and they even used to ring a bell in the office every time they got a sale. But over the next couple of decades, Amazon expanded into almost every product category there is, earning it the nickname The Everything Store, with well over 350 million different products available to buy.
And when you think of Amazon this is probably what first comes to mind, Amazon.com the online e-commerce giant. However, the shopping component of Amazon is just a tiny fraction of what it does… And sure, it’s normal for businesses to buy out competitors and enter new markets, BUT, let’s just take a step back to see exactly how large Bezos’ Amazon empire actually is, and what that could mean for our future.
For example, Amazon has entered the streaming service business, buying the rights to not only many thousands of popular movies, tv shows, and live events, but also creating their own originals. In fact, Amazon Studios became the first streaming service to receive a Best Picture Oscar nomination for one of its original movies. And, with billions more dollars reportedly due to be spent next year, it seems production will keep expanding.
And they aren’t just stopping at video streaming, they’re big players in the music streaming space too, taking on the likes of Spotify and Apple Music. Which fits very nicely with the fact that Amazon is also one of the industry leaders in the smart speaker market. And then you start to realise the way that so many of their products & services interlink. If you become a member of Amazon Prime you become part of the Amazon ecosystem - you buy a Fire stick to watch your Prime video movies, which you control with your Amazon Alexa, bought from Amazon.com.
This video explores many of Amazon's projects, subsidiaries & businesses. It even covers some of the risks to consumers because of the Amazon FBA programme, where third-party individual sellers sell their items via Amazon.com. But ultimately we ask: Is amazon too big? Is Amazon taking over the world? Is Jeff Bezos a supervillain? (Ok, those last 2 are maybe a little extreme, but there is definitely cause for concern with some people who would say Amazon is becoming too powerful).
When discussing the problems of Amazon and whether Amazon is too big, a short clip from "Amazon Empire: The Rise and Reign of Jeff Bezos (full film) | FRONTLINE" was used ( • Amazon Empire: The Ris... ).
This Amazon documentary raises a lot of questions like:
Is amazon a monopoly?
Is amazon too big?
Is amazon safe to buy from?
Is amazon's growth a good thing?
Why do people hate jeff bezos?
Why is Jeff Bezos so rich?
What is Jeff Bezos investing in?
Why is Amazon so big?
Will Amazon be broken up?
What is Amazon's Business strategy?
Why are Amazon so successful?
🔔 Enjoyed this video on Amazon? Please feel free to turn on notifications for MagnatesMedia - there's more similar business videos coming soon! I've been inspired by creators like Coldfusion and James Jani to produce high-quality documentary style videos. 🔔
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Now seems like a fitting time to post this video since Amazon are streaming every single premier league football match this week... just another example of the wide variety of industries Amazon is venturing into. This video couldn't possibly cover all of them, but hopefully it's an interesting look into some of what Bezos is doing. He's definitely someone who will split opinion though, so what do you think? Is he simply a great businessman we should all be inspired by, or should we be concerned?
He also entered in cricket matches.
@@PinaySuperMom Thank you! Looks like you have a really interesting channel yourself!
I think the man deserves genuine applauses for what he has achieved.
How do you edit like this is it after effect.
I need to improve my editing skill on graphic and kinetic typing.
Jeff Bezos's endgame is "more." That is his only end game.
That sums it up perfectly, I agree!
Be elected first president of earth his ambition knows no bounds.
@@sallydavies9253 ..p
The big business plan capitalism at its finest.
He got money from wall street and keept pushing the stock , which allowed to buy competitors and physical real estate for distribution
If Amazon keeps growing like this, eventually it won't matter how well they treat their consumers, because we will all become their EMPLOYEES as they move into more and more markets. It already happened when Walmart trounced small businesses and is now the dominant private employer in the US.
Well said!
Then he has to give employees higher salaries otherwise they won’t afford to buy anything beyond basics.
@@lauraschotter Honestly I hope you're right, but so far he's been able to make billions while paying his lowest workers very little, and he's more likely to stay that course even if it's worse for everybody long term. You may feel that government regulation is a naive thing to pin your hopes on, but it's either that, or hoping that billionaires all have a moral epiphany all at once. And in the mean time real people are suffering while he's in goddamn space playing cowboy.
He got money from wall street and keept pushing the stock , which allowed to buy competitors and physical real estate for distribution
Walmart reached the maximum threshold they could.
Amazon might also reach some max contribution to the economy... But in the end, their culture doesn't quite support going into all kinds of businesses.
They're better at doing things cheaper and better (but not necessarily cooler).
Then again, it's more important that people get real value for less money.
Actually kinda scary how much power is given to people like him. I’m happy for him, but the thought of one man or company running an entire economy is scary.
Power hasn’t been given to him, he created it
He earned it, it wasn’t given. But I agree with the other half of ur cmmt
It has happened before and it use to be way worse. For example JP Morgan controlled and even saved America from devestating deppresions with the sheer amount of money and power at his disposal. He even bailed out the gov when they were almost all out of gold.
Arasaka
"given" ? earned
What will happen when Amazon blocks you from buying anything by claiming you violated their terms and conditions, in the way other power companies censor our comments and block us from posting? Will we be ok with being excluded from the market, when they deny us opportunity and economic survival?
There’s a reason why this comment didn’t get any likes. This is the truth
Damn 🤔
You shouldn't care. People buy too much crap. A lot cant even fit their cars in the garage because they have so much STUFF lying around. Most people need only 20% of what they buy.
@@ab-bc2gr my family doesnt even own a car or a garage
This is part of the reason I didn't buy in at all. I stopped using Amazon about 4 years ago and haven't looked back.
Bezoses TO-Do list for next 3 years looks like this.
1. Buy a continent
2. Buy a Healthcare system and get hair implant
3. Find the devil 👿 and hire him to work for Amazon
4 work on laughing skills
😂😂 sounds about right!
You forgot the most essential goal for world domination: Build a corporate headquarters inside a dormant volcano.
#3 lmfao
@@michaelnewton1332 I was just talking about to-do list for the next 3 years. I am sure he will put that on the list after 3 years
No, Satan is Bozos' employer, you see Jiff wants to be the Antichrist but he has to beat Musk and Gates before Satan bestows this title on him. 666 may be the Mark of the Beast, but it is written, "Let him that hath understanding count the number of the beast: for it is the number of a man; and his number is 666". All hail Eris, all hail Discordia. 🤟
He kind a look like a super villain.
That's for sure.
Haha agreed, have you heard his laugh as well? 👀
Lex Luthor
He got money from wall street and keept pushing the stock , which allowed to buy competitors and physical real estate for distribution
@@nityanandsarkar8054 and no superman
@@MagnatesMedia make video on saudi arab royal family who even control us presidents and have trillion of dollars in their net worth
Amazon isn’t killing malls, the entirely of e-commerce is. Going to a mall or physical store is almost becoming like buying cds in 2022 when you can get a better service through streaming.
Those graphs you showed. There's so much work in them and we barely see them. Those were great! I would love to see them in more detail.
The editing!! Wow, setting new standards. It's you and James Jani for me.
Thank you man, that comment really means a lot as James Jani was probably my main inspiration for trying keep raising the standards! By the way, if you like James Jani then I think you're really gonna like the next video on this channel! 😁
I know right?! Awesome 👌
Brother I want to learn editing like him ,can u suggest me something
@@amanahmed6057 Adobe premiere pro and Adobe after effects. You can find courses here on TH-cam.
@@tinotales I have resolve 🙂,can I do these things with resolve also?
I have a belief I can do it🙂
Let's hope for the best
If Jeff Bezos keep on growing like this, the government might take an action like they did to John D. Rockefeller.
Exactly. If Amazon continue at this rate, it feels inevitable they'll step in.
The action that made John D greater perhaps?
@@wawerumaina2570 what they did to him
Jeff retired from Amazon
@@iban4158 with a holding company that big it's best to sit aside.
One thing I can't stand about Amazon is that more than a couple of times, I've gotten complete crap knock off of products. There's absolutely no oversight.
TBF this is going to happen on any selling platform (even shops)
The UK had a problem with counterfeit tobacco (golden Virginia) China was making such high quality copy from a packaging point of view, even the holograms ect that major supermarkets where selling it and they had no idea, it came to light when someone complained about the tobacco and the batch numbers did not add up, the knock of stuff was everywhere.
If you use, say PayPal ect you are always covered anyway
That’s Amazon’s fault??
Sorry, when you know what the genuine product costs and you opt to buy one that’s advertised at half the cost - anyone with half a brain at that point would know there’s something wrong here….
The saying goes “if it sounds too good to be true, then 100% of the time it is”
The quality of your videos (both in terms of information and presentation) is astounding. Thanks a lot!
When more is never enough.
Bezos was promised a Sector Lordship if Earth can attain a Kardashev rating of 1.0 or greater within his lifetime. He was not the only one approached with this offer.
👽
This is true the only obstacle to it is that we have not come close to level one yet and on our current trajectory it may be another two or three hundred years given that some of our technological advances have served to make a disproportionately large segment of our population more adverse two innovation in favor of complacency with what is
The sector lordship will be awarded to the one who brings us Fusion with reliable consistency absent the side effect of nuclear waste LOL saving for the functional portion of the nuclear waste needed for helium balloons🙉😜
@@raptvlive5580 Bezos possesses vaste quantities of the geriatric spice, Melange. He will live many of our human lifetimes.
I need him to succeed!
This was refreshingly interesting, there are so many annoyingly uninformative videos on these topics, this was good, clean cut, no stupid robotic voice over.
Well done
Maan! May you be blessed abundantly for these free videos. You must really put in A LOT of hours and effort to research and edit these videos. They are truly epic! Keep up the really good work.
I’m late but Jesus the editing is so well done, I can’t imagine how many hours this took you 😭Well done John, this content was both informative, pleasing, and extremely well made 🎉
Thank you, I hugely appreciate you saying that! I've got some big plans with the channel so hopefully just gonna keep improving! Thanks again for the support.
@@MagnatesMedia just 1 tutorial how u r editing 👍
@@amanahmed6057 lol
Youre killing it with editing. Gone are the quantity content days. You, Jani and kiana are the new trend setters! Keep it up bro!
Thanks a lot Riaa. I'm actually not familiar with kiana, could you let me know which channel that is? Thanks again man!
@@MagnatesMedia Kiana Docherty! Check it out! Keep up the good work!
@@riaasingh5007 kiana is whack. This is Genius. Dont compare them
The biggest issue Amazon needs to address isn't space flight or home services.... no, it's secure delivery of its parcels. A mail order company that just leaves valuables on one's porch is failing in its core mission.
Once I had a new camera delivered into the bin on the street as a "safe place"-alternative in London (food bin btw, not recycling bin, so you can imagine the smell...). I wonder what they would have done if it was bin collection day before I get home to take it out... I left a lengthy review, did not even get a response or anything. So there's that about customer service and delivery security. Nice try, Amazon.
@@creativia6639 wouldn't that be more of an issue with the delivery service, like the Amazon individual delivery man or women who is the one who was responsible for delivering the package?
@@itslitgamestv6827 yeah makes sense it’s the deliverer’s problem
Wel if you want the delivery associates to follow every order and literally go into peoples homes to drop off the package, you need to pay them way more for the hazards of the home owners pets and the inevitability of getting shot by someone who forgot that they ordered a package and chose the rear door delivery option that makes the driver have to go beyond the owners property even at 9-10pm at night. That shit is dangerous and scary and not worth 16.50/ hour especially when you got 200 stops a day.
Then just get it in your hand
Great editing and storytelling bro. I like how you closed the "relentless" circle.
Man, I believe in a free market, but it's not going to be so free at this rate.
When I found out amazon got into pharmacy that's when I thought "hmm, maybe they're too big"
Hahaha my thoughts exactly
Free means there is never something "too big".
@@janewick509 It'll be too big when he owns everything
Amazon literally saved my family. They pay so damn well and my family will be set for life if we don't get laid off within the next 10 years
I prefer them then Disney
Soon Amazon will soon compete with the government. Providing all the basic services our taxes should pay for. And boom Jeff is the king of the world
Amazon prime social services subscription 😂
No one wants to talk about Iphones though
Amazon is actually competent
I would welcome that because the government sucks at executing with precision and efficiency like Amazon would
there is more in the world
not only the usa
So king of USA maybe
If Amazon paid that appropriate amount of tax in each country they wouldn't be growing so fast. Governments will so put a stop to amazon's amazing growth due to the desolation of the high Street. We can't continue to allow one company to control so much commerce. I use amazon and its a great idea but one company controlling so much isn't a sensible idea. We need competition.
The reason Amazon and other big corps don't pay taxes is because they actually own the politicians that pass the laws. The spend billions on lobbying in the US. Also in the US (and most other countries that don't allow lobbying) they spend billions on bribes to political candidates in the form of campaign donations as well as just straight up bribes.
Huh? Amazon is taxed on its profit.
He needs to do one in Elon Musk.
This is true in some countries amazon is highly regulated in others banned.
Tax is for the poor not the rich that's why they have loopholes which governments know about but won't stop it
I literally save your documentaries to not burn through them all at once, you're extremely underrated.
I'm addicted with content like from ColdFusion, Adam Something l, or something like that. Been searching for a while till your video pop up in my home. I couldn't believe how you still have like 38K subs with this high-quality content! You deserve so much more. Keep making great content bro, I hope you get bigger someday.
Your content is awesome. I know how hard it is to produce such an episode. I hope youtube algorithm will support you soon.
Thanks a lot man, I really appreciate you saying that! I'll keep making videos and trying to improve, and hopefully the algorithm will agree with you at some point haha!
This channel Is incredible. Can’t wait to go through your library to watch every video
This is the fourth video of yours I have watched in close succession. Keep up the good work!!
This is some real eye-opening content. 100% double thumbs up! Keep up the great work on future videos ;)
I am imagining Amazon being the BnL from walle movie😂
😂😂😂 that's actually a perfect comparison!
😳
The world has taken a dynamic turn from a salary expectancy Era to a more capitalist approach. Everyone wants to be financially independent or successful. It depends on an individual to make a key decision for his or herself.
It is quite certain that everyone wants to monopolize a business or be actively involved in one or invest hugely in a business that will stand the test of time with guaranteed profit
Brilliant content, well done...TREMENDOUS! Thank you for sharing your gift with us. Cheers!
If you’re having doubts if Jeff is a villain or not, look at what Amazon did to Parler.
Guy’s a clear villain.
Everyone who opened a parler acct is a villain LMAO
@@rp5231 Damn communist punk.
What’s parler?
@@rp5231 I have Parler and I love Jeff Bezos. You can't hate the smart in people. And he is definitely not a villain. Just misunderstood.
@@janewick509
he’s definitely a villain, he killed mom and pop shops instead of integrating them. Makes his employees pee in bottles, his blue origin employees complaining. Mounted a crusade against his employees to prevent unionization. The guy donates to reduce his taxes and not out of good will.
This video is something else. Maaaaaaaaaaaaan love your work, this coming from a guy who watch videos for living. You and James should eventually find your way into Netflix
Haha thanks for the kind words man, that's an amazing comment to hear. Will keep working and improving, and hopefully lots of even better videos are still to come!
He got money from wall street and keept pushing the stock , which allowed to buy competitors and physical real estate for distribution
Watch videos for a Living?
There's another issue with Amazon's conflict of interest in being both a retailer and a platform - by outpricing and strangling the competition by providing the "same thing, but cheaper," the quality suffers. Amazon might be able to copy and outprice a product, and continually get new, fresh ideas for products... but it doesn't mean they can just replicate them to the same standard and quality. Mostly because they often haven't got a clue what they are actually aiming to do accomplish with said "same but cheaper" product. By the time consumers might realize that "wait, I'd rather higher quality from that original thing I know, even with higher price-tag," it's usually too late.
And as for corporate responsibility - it's interesting how we willfully ignore many, many things for the sake of (sometimes forced) convenience. :)
I remember people talking about Jeff Bezos' keen interest in middle school boys in Bloomington, IN during the 1990s. The reason for his baldness is relatively apparent. Justin, housemate of Levi Thomas and Dana in Bloomington, IN in 2004 was stated as his nephew. Justin also hung around with Jason Graham and Kaylan Randolph at the time. Many of the bios on the web are fabrications and more closely resemble marketing. Apparently the world is satisfied with Bezos, Zuckerberg, Jack Dorsey, Chad Hurley and other good luck clowns.
I think you misunderstood. They lower the prices but sell the same product and quality, which is why they end up making a loss and knowing it. They can afford to sell at a loss, competitors can’t.
As a retailer, you said this very well. Very much aling the lines I have said myself.
I came here to learn how to trade after listening to a guy on radio talk about the importance of investing and how he made $460,000 in 4 months from $160k. Somehow this video has helped shed light on some things, but I'm confused, I'm a newbie and I'm open to ideas.
Having monitored my portfolio performance which has made a jaw rising of $360k from just the past two quarters alone, i have learned why experienced traders makes enormous profits from the seemingly unknown market.
Interesting. I've a sum of money doing absolutely nothing at all in my bank account, i wanna start an investment on crypto with it. You seem to be doing excellent for yourself, how do you achieve this?
Exactly, the trick is to diversify your investment, don't panic when everyone else do and invest consistently.
Am trading with expert ephraim inyang, a regulated trader in UK. Met him sometime early last year at a start up funding event. He has some interesting things to say about the state of algorithmic trading today. Obviously I'm seeing the results of trading.
Write the manager on FB with the name below for more details ⬇️
As for real estate, you can say they are indirectly affecting it. I believe an Amazon Go in the area will actually increase the value of properties within a 10km area
Why should it increase property value? Just because you can walk out?
@@toshtaggart2510 nope it's because of convenience for delivery of products. Take for example Alibaba, their supermarket known as " He Ma" increased the value of all the estates around them because they guarantee delivery of products within 15 minutes. This saves alot of time and efficiency as they are able to constantly provide services without patrons having to visit the mall. As for those who stay far away, they do have a choice for alternative supermarkets. The only difference is are they satisfied with the quality and price point as compared to Amazon
@@nonutemperor Oh, so it's the "Frappuccino effect" all over again.
@@nonutemperor Amazon is turning humans into the fatties from Wall-E.
@@jghifiversveiws8729 yeah frappucino effect all over again. I won't be surprised if Jeff bezos patented covid, we can stay home and watch Amazon prime and shop online. One thing we don't have to worry is wives hanging out with UPS man lol
Very great, great editing, sound, everything! I love these kind of documentary vids, I wish I could edit like you🙋🏼♀️❤️
Thanks very much - lots more documentaries on the way! And anyone can learn editing, just a case of putting in the practice - best of luck! :)
@@MagnatesMedia thank you, I am already studying 😃🙋🏼♀️🦄📽️ All the best to you!
What a well put together video...Utterly fascinating 👏
I’m in love with your content, I just had to subscribe 😊
Great video. Eye opener. Kudos for the content and the presentation. Looking forward to you making similar videos
Thanks a lot, I really appreciate the support! I definitely have a few other videos like this, and lots more on the way soon too! I just want to let you know though that a lot of people are reporting that TH-cam AREN’T showing them new videos even though they’re subscribed, unless they turn on ‘all notifications’ by pressing the bell. (And some people even have to unsubscribe and re-subscribe to even be able to turn the notifications on). It’s frustrating, as a lot people are missing the new documentaries as a result of this glitch, but just wanted to let you know in case you wanna make sure you see future videos. If so, please consider turning notifications on. Thanks again for the kind words man - you’re a legend!
amazing editing, I can't believe content like this is free on TH-cam
Amazon needs to do one thing. Stop undercutting other companies, but help them thrive. You already own everything, allow other companies to be great, while having a hand into it.
Imagine having only one restaurant available to you, forever.. Help small business grow with your 3rd party shopping, like you always did. You don't need to own everything, just be better and lead by example.
poor mindset
Thanks for a great compiled video.
Man! I came to visit this channel through the video made on James Jani. And I immediately subscribed after watching that video. But, this video has surpassed the quality of the other videos. Whan an editing man; expert level! Keep up the to great work!
Thanks a lot man. Within next few weeks I'll be switching to just the documentary style videos, and the quality is hopefully gonna increase further beyond this video. So the best is still yet to come! Thanks a lot for the support man.
The videos are awesome. The information, the way of delivering the content, the editing everything is so nicely done. Keep up the good work brother. Keep creating 😊
Thanks a lot for checking out the channel man, very glad to hear you enjoyed! If you liked this style of video, I recently made a playlist with some other content like this you may enjoy: th-cam.com/play/PLsVAlkd8079VpCffm2Id9QiTeXDaGOdMV.html - either way, thanks again for watching - I really appreciate the support. 😁
@@MagnatesMedia Sure gonna check them soon. Keep up the good work 😊
💯
Your video essays are incredible, by the way. There is one thing I would want to point out as a criticism, and that is the frequent use of plurals for organizations and corporations. It's a singular noun. But aside from that, it's practically flawless. Keep up the quality content.
I love these futuristic designs you're showing us for a few seconds since 17:09. Could you please tell us if it's your work or what's the source of this?
If Bezos would just pay the warehouse workers a decent wage, and give them good working conditions, the world would be so much better off. An interesting aside, I moved to downtown Seattle, right in the middle of what would become Amazon headquarters two years later. Few people lived in that area of downtown at the time. I watched all the skyscrapers go up and the “tech bros” flood in, the spheres get built, the shops and restaurants pour in. There were sixty cranes on the horizon at one point. I moved to the other end of downtown, and right across the street was the beta Amazon Go, which I frequented. It was like having a personal pantry where you walk in, take what you want, and leave. Fabulous!
dude what do u think other countries salaries cant you be happy that you are living a normal life ?
@@TH-camstolemyname99999 I am too tired to give you an essay of why you are horrible wrong, but i will say this, Amazon is too big to be ignored on a world scale and yes it very much matters what happens in other countries because it can very much affect you as well even if you don't realize it.
We're really living in the worst timeline
Community?
As a small business owner I really appreciate your videos. It encourages me to take big risks! I pray juggernaut energy breaks me and my family out of the 9-5 life so I can truly give my son the life we have always dreamed of ❤ keep up the hard work!
Amazing editing!!!!
Mad respect for Elon musk just for competing with this guy .
„Jeff Who?“
- Elon Musk
"we'll coup who we want"
_Elon Musk
so quirky and funny, big chungus69 Elon daddy.
Elon Musk the greatest snake oil salesman of our time
@@eruiluvatar6688 Lol. False
in the next couple years out of nowhere someone would triple their networth and be worth 300billion dollars
So he's basically lex luthor
But in all honesty, the rapid acquisition to build the IoT framework is pretty amazing
Bald, smart, villain. Totally checks out.
Such an amazing video 😍
Will you recommend a place where I can learn how to make such videos?!
Love your videos... Great job!
where did you learn to edit? love your work
This channel will grow up faster then Amazon!! The quality of videos is enormous! Keep it up!
Sometimes I see Bezos as an actual living villain who is well into his plan to take over the whole world.
No presence in social media FB/Instagram/Google/TH-cam space.
@@bigbanknewyork3655twitch
Enter Elon.
fantastic video, amazing editing.
I want to work for you and learn from you, your content is amazing.
Edit: I'm currently a Financial Analyst for a Tech Company, and pursuing an MBA with a cert in Data Analytics.
Beautifully made video with many interesting facts. Thank you sir for your time :) If by chance you read this comment id like to ask you how you edit your videos.
Is it Premiere Pro perhaps?
I love your work, keep up!!
Thanks a lot! It's premiere pro and after effects :)
i seriously cannot stop watching your vids, you gained a new subcribe
amazing video, great job! Cheers from FRANCE :)
your growth is brilliant,its impressive!!!!
Haha thank you so much! I will keep trying to improve 😁
Phenomenally well put together 👍
Thanks a lot 😁 I will keep trying to improve the quality each video!
Your videos are very informative thanks for posting .....
You say Bezos' biggest competition is the government, but I'm not so sure. In the US it is legal to essentially buy a politician by funding their political campaign. And think about all the state governments who bent over backward to give him tax breaks and publicly fund infrastructure specifically for him if he just put his second headquarters in their state. He's not competing against the government, the government is competing for him.😕😕😕
What if all the products for one company were unsafe. Then who would have responsibility?
Honestly, at least in the West, it's going to come down to Amazon vs. Google. They might not be able to become a single company but it'll be interesting to see if one wins out over the other.
Why Google? Amazon has a lot of markets that Google doesn't even consider getting into
Amazon vs Apple
MS azure analytics niche, Google Cloud ML and AI niche soon quantum computing niche
@@tomlxyz aws vs gcp
I can see that. Amazon currently has its own Internet Search Engine, as well.
Please make part 2 of this video please.
There is just so much more that you could have and should have covered in this video. Like how he’s not paying taxes is in large part destroying a lot of things in this country and no one man should have that much power if he’s not using it for the betterment of humanity. I still love your videos keep them coming
Amazon has given me back the most important thing in Life: more Time.
And access to a wider selection of products I can't get locally.
For now, and for you
For the workers for example it's a bit different
@@tomlxyz that's the only improvement, if that's fixed then Amazon is heaven of... well, heaven of giving what the people want
You deserves more views and subs❤️
Thanks so much Au Lia, let's hope the TH-cam algorithm starts agreeing with you soon 😂 but seriously, comments like that definitely make me want to keep making more videos, so thanks for watching & supporting!
It is odd to me when someone says Amazon should take all the responibility when listing all products.
But apperatntly, when some product is listed low, there is definitly something going on with that.
I bought one "low" price product I want on Amazon and feel happy about the purchase.
But, it is not as good as I expected, so I want to return it. When I talk to the customer service, the requested a restock fee as it have pass the 30 day return peroid. Then I notice this "low" price is not the real one, and the title is play the trick to at like it is the actual product. Then I made the claim and the customer service give me the full refund.
TBH, I will not expect other place will provide the same customer service experience.
Its because they send returns to the dump
That bell would sound more like an alarm today constantly ringing
This has got to be one of best mini documentaries available on Jeff Bezos on TH-cam. I’m subscribed. Quick question - did you have to purchase a license to use the news footage, or ask for permission before using it?
No, if you're using bits and pieces. It comes under "fair use policy "
The editing is remarkable. And this documentary should have a lot more views👏🏻
Thanks again for all the support man!
crazy editings man
Nice video as always! Can you make a video about dicord security. "Is dicord really safe?" or "Shoud we really be woried about Dicord privacy?"
I find it funny that people who give almost nothing to charity criticise other people for not giving more.
I bet 90% of the people who say Bezos isn't giving enough to charity, don't give nearly as much.
Jeff Bezos giving to charity is not necessarily because of a goodwill, it can be simply another way to reduce tax money by donating money to one of his OWN charity organisations, charity is also a lobbying card used by many business owners, again this is just a possibility.
Not to mention that not giving to charity could also mean you don’t entirely trust the people running those nonprofits because all your donations not only go towards driving their mission but also all their operational overhead
This might be the dumbest comment I've seen all year, no offense
@@Dan-cc8wr did you give anywhere near $10B to help save the planet?
If you did, you're a much better human being than Bezos. Congratulations
@@Youbeentagged Nah. I've never made my workers end themselves either, tho.
I don't think Jeff Bezos is evil hes very smart and continues to always evolve there's a saying there's always someone better than you unless you constantly evolve to keep ahead of them
GREAT PRESENTATION AND EXPLAINATION
How long did that take to edit lol? Your AE skills have gone way up!
I've got some help now (in an effort to try and increase quantity but still maintain/increase quality) so can't take all the credit! Although yes you are right the amount of time spent per video now is slightly ridiculous and I'd probably rather not know the exact amount 😂
@@MagnatesMedia Ah, got an editor. Good move, good move!
I track my hours, I can not hide from it haha
Very Interesting Video. Presents a lot of very thought provoking questions. Well done John. ; )
Andrew Yang's quote in the beginning was eye opening.
Bro i dont subscribe anyone that easily but to be honest you made me your fan 🙈❣️
Fabulous content I swear 🧠😍❗
As long as Amazon keeps its mission the focus of the business (rather than just offering low prices), I can see a BRIGHT future for them.
Offering low prices can help in the long term, since the competitors won't be having a chance of competiting against Amazon, and Amazon can increase the price later, as well as creating a strong barrier to enter in Online shopping for the competitors, Hence, it can be said that amazon is running an Monopoly .
amazon is so systematic its good rather than having many shitty companies u guys should be happy that u got amazon
@@TH-camstolemyname99999 most free market loving competition enthusiasts simping for actual monopolies lmao. just like all the freedom loving liberals in the 80s supporting fascist military dictatorships. all your emphasis on freedom and liberty are just facades
Great video. I buy from amazon a lot and sometimes sell some homemade items as well which I could have never done if it wasn't for Amazon but still I sometimes believe Amazon is just too big.
Thanks! Yeah I'm the same, I use it myself as it's so convenient, but I think there is definitely reason to worry about how big/powerful its getting. Thanks for watching!
He got money from wall street and keept pushing the stock , which allowed to buy competitors and physical real estate for distribution
It is too big and should be reigned in. Third party sellers' products should also be subject to stricter standards. And as for Amazons reviews. A good percentage are fake IMO. People spew out reviews to try and sell stuff. Good that you can return almost everything.
You’ve definitely inspired me to create my TH-cam channel.
I hope to one day be as good as you.
I completely agree with the sentiment apart from the Fire Phone. That was one market they flopped hard in.
9:44 - 9:47
That god damn laugh!
😂😂
Amazon has been around for more then a decade & I’ve yet to sign up or buy anything from them 😂 Amazon will never sway me
i always try to buy off the websites of the actual company so i dont have to pay a middleman fee to amazon 😁
@@shay4261 doin it right 👏💯
I used to have an account for the odd item that was hard to find elsewhere. Canceled it about 5 years ago during a particularly toxic experience with their customer support.
Now I'm the same, I just go straight to the company's site to look for the items I want, or go look for that item from a local brick and mortar retailer, since that supports my own local economy.
The stores you shop at likely get their supplies from Amazon. Their websites are probably ran by Amazon. I guarantee you've contributed to Amazon at some point even if you don't even realize it.
@@anchoredlotustarot3039 I’m sure I don’t. First hand anyway. I buy from goodwill, thrift shops & haven’t gone shopping since 2019 for clothes, play no video games and never bought in to the spinner or fidget fads. I buy more antiques then new things by far
Your videos are always top notch
I like your content, always been a little bothered by using a tense voice for every sentence and sounding a little too dramatic the whole way through, which gets a little tiresome before I can finish the video.
Kudos on this one, I like the moderate tone, it's great.
the issue with amazon is simple economics. When there are no more businesses left that can compete, Amazon can charge whatever they desire, and they do. Regardless of the item, the moment the original seller went broke due to Amazon selling a cheaper knock off, they increased the price to their hearts content. Not only that, but it's very easy to hide just how many of their products take advantage of child and cheap labor, even if their customer service isn't done via india. Amazon getting any form of tax deduction, when their prime source of taxation is based in China, is just bonkers, but that's democratic governance
*laughs* It's not democratic governance. In either form since I'm not sure if you mean it in the terms of the Democrats passing laws that let this happen or Democracy governance.
Republicans pass just as many laws supporting major corporations at Democrats do. (And yes, they BOTH do it, anyone that thinks democrats are more for the people are fools)
As for Democracy, the US is a Republic.
The reality is that the US government (and I'm pretty sure ALL governments across the world) are actually ran by a very very very small portion of the human population. Bezos isn't even one of those people.
@@OgdenM actually, Bezos is one of those people :p and when I mentioned "that's democratic governance" I was specifically pointing out leniency on "american" companies outsourcing their entire product production to foreign countries and then selling it to US citizens while only having to pay the same taxes a start up company would have due to it being made by an "american based company"
i think amazon should work on launching its own social media.. it can give facebook a real competiton
You just got yourself a new subscriber
Well as a small time artist.I do like his Amazon music platform over some of the others offered💯 just my preference. Beautiful display of tracks on there.