Skeptical about the 90% claim. Is time spent on YouTube, Netflix, Prime Video, The New York Times and Spotify (with Joe Rogan specifically) so insignificant as to be relegated to the "miscellaneous" 10%?
> Employees are horribly treated, wages suppressed
I never saw the definitive source on this, but around the time when the unionization vote was happening, people claiming experience in the logistics industry described Amazon as a place with low starting wages, but aggressive bonus structure for high performers. They also offered health benefits on day 1, which is unheard of in logistics.
Other warehouses in the area might have different compensation schemes, and people would generally gravitate to the one that suited their work style better.
The unionization vote seemed like it corroborated this thesis - it wasn’t even 52/48, but something definitive, like 70/30 against the union.
Perhaps someone is aware of the data that incorporates take-home compensation with benefits and all, not the base rates advertised in job ads.
> Automatic micropayments with a daily allowance seem like a much superior solution.
How do you ensure some content quality that goes beyond a headline and a catchy teaser paragraph?
Kindle Unlimited had this problem when they started distributing payouts based on pages read, which led to a proliferation of books with catchy first page, instructions to skip to the last page and a bunch of junk in between.
This tends to realign the systems around serving the interests of that one large company, and historically has been a mixed bag. Finland's reliance on Nokia, Russia's on Gazprom and Saudi Arabia's on Aramco was good while it lasted.
For what it's worth US laready has large ownership stakes in such corporations as AIG, Amtrak, USPS, Freddie Mac, etc.
The billionaire himself would rarely have a significant pile of cash lying around. Someone somewhere decided to value AMZN at $1,046.00.
They could've done something for the country. They could've put $1,046.00 into science. Cut a $1,046.00 check to a social welfare system. Yet they chose to exchange $1,046.00 for a single share of Amazon.com.
https://www.newsweek.com/netflix-shows-viewing-figures-most-...