Bezos will be a trillionaire by 2025

a reply to: Dfairlite

It would seem that there are conflicting reports in this thread about the working conditions at Amazon..

I had to visit all german distribution centers of Amazon as part of my job but I would not want to work there after talking to some of the workers.

But being a worthless (pun intended) boss isn't a crime so I hope he knocks 5 years of the thread title and entertains us like Elon does with his Tesla in space...maybe get the guys from NASA to place a delivery to the mars rover.

Peace

originally posted by: darkbake
Jesus, he should definitely pay his employees more. I think that all of the bosses involved in his company should sacrifice some of their income in order to give better satisfaction to the employees.

The employees at Amazon are the ones doing the work, they are the backbone of the company. They deserve better - and I've heard they aren't treated very well.

He is still expanding his business. He is creating more jobs for folks to start their own way to a successful future. I would rather he expand and provide entry level positions for the many than just stagnate by increasing the current employees standard wages. It is a sound business and social practice. Common sense says it is better for two to have a income rather than one be jobless while another should just receive a freebie salary increase because meh!

Worse case scenario is when a company gives too much and cannot stay in business. They close...everyone loses their job...and many that we're so entitled to all those wonderful perks...find other employers will not be so willing to destroy their business model and will not hire them at what they have become used too.

originally posted by: TheRedneck
a reply to: DieGloke

His company is not paying UK tax correctly.

Then the UK needs to bring charges.

Whining about him being successful isn't going to put any cash in your coffers.

TheRedneck

I am not winning about him being successful.


In am whining about how laws are not equally applied to him and his company.

Laws and taxes should be applied EQUALLY to EVERYONE.

a reply to: DieGloke

I agree. Your government should apply the laws fairly and equally; that's their job.

TheRedneck

originally posted by: TheRedneck
a reply to: DieGloke

I agree. Your government should apply the laws fairly and equally; that's their job.

TheRedneck

Yup we are in agreement.

I have no issues with how much some one earns, provided it is done within the law.

I do believe however the USA shares a similar problem with Coperate welfare with certain megacorps by passing taxes and buisness regulation while medium and small businesses have to abide by them. Not to mention subsidies.

Yes, but what will he do with it?

originally posted by: BrianFlanders
Yes, but what will he do with it?

Picture Scrooge Mcduck diving and swimming in gold coins .

Amazon has some serious antitrust issues, just like other big tech companies like Apple and Google. Bezos even has his own media propaganda arm through the Washington Post, and hired an army of 20 investigators to dig up dirt on Trump in 2016 when he called him out for it.

Trump Says Bezos Guards Amazon on Antitrust With Washington Post

a reply to: Dfairlite

I like Amazon's services, I don't like how they treat their employees. Word on the internet is that it's one of the worst gigs around. With Bezos about to be a trillionaire, it only makes sense that they could concentrate on their employees a bit more.

I've heard trickle-down for awhile and have yet to see any example in my area. I think it was reported that trump's tax cuts mostly went to the stockholders.

Obviously trickle down happeneds in some ways, but not significant for lower wage workers. In fact, in my area I see a lot of turnover for low wage jobs with the management asking them to work more and harder for the same minimum wage pay. (You can see it when you visit places enough).

The fact is that if companies can get away with paying their employees nothing, then they will do that. Trickle down theory wont make Corporations gain morals.


Rich get richer, poor get poorer. But come on trickle down baby! Let's pray to our corporate overlords for a raise.

a reply to: darkbake

I don't like how they treat their employees. Word on the internet is that it's one of the worst gigs around.

This thread is on the internet and someone posted saying that they receive better wages than other people employed in similar positions with other companies.

I guess word on the internet is anything ones mind can imagine

With Bezos about to be a trillionaire, it only makes sense that they could concentrate on their employees a bit more.

He will be so because of stock he owns and if it keeps increasing at the rate it is which is doubtful but it depends on consumers like you and me.

If Amazon stock keeps increasing then that will help him increase his wealth which in turn does increase benefits for the company and its assets like any other company.

Yes, upper management get a good portion while the rest get the scraps but this is how it is even in some small business's that are using big business ways of getting ahead, "cost efficiency" which simply translates to greed.

originally posted by: CynConcepts

originally posted by: darkbake
Jesus, he should definitely pay his employees more. I think that all of the bosses involved in his company should sacrifice some of their income in order to give better satisfaction to the employees.

The employees at Amazon are the ones doing the work, they are the backbone of the company. They deserve better - and I've heard they aren't treated very well.

He is still expanding his business. He is creating more jobs for folks to start their own way to a successful future. I would rather he expand and provide entry level positions for the many than just stagnate by increasing the current employees standard wages. It is a sound business and social practice. Common sense says it is better for two to have a income rather than one be jobless while another should just receive a freebie salary increase because meh!

Worse case scenario is when a company gives too much and cannot stay in business. They close...everyone loses their job...and many that we're so entitled to all those wonderful perks...find other employers will not be so willing to destroy their business model and will not hire them at what they have become used too.

Hmmm, it seems like he destroys more retail jobs than the warehouse jobs he creates. His facilities are highly automated, and he's researching how to make them even more automated.

But what I see in this thread is that I should have invested in the companies I'm a very big long term fan of like amazon and apple.

"The point is, ladies and gentleman, that greed, for lack of a better word, is good. Greed is right, greed works. Greed clarifies, cuts through, and captures the essence of the evolutionary spirit. Greed, in all of its forms; greed for life, for money, for love, knowledge has marked the upward surge of mankind."

The march of progress will either continue as it has, or reach a tipping point of being unsustainable and collapse. I'm interested to see which direction it goes.

a reply to: InhaleExhale

It is definitely greed that drives certain businesses to treat their workers poorly. It is not greedy for me to wish that workers at a company I don't work for would be able to afford to live a reasonable life - that's empathy.

Thanks for pointing out that Amazon might not treat their employees as poorly as I thought. I will have to look into that more.

a reply to: notsure1

You're extrapolating too much. Bezos might be the first trillionaire, but it won't be in 2025.

Wages at Amazon aren't actually that bad compared to competitors. The part that sucks about the company is the degree to which they encourage employees to undermine each other and backstab for personal gain.

originally posted by: notsure1

originally posted by: musicismagic
Modern slavery comes to mind.

At what point do they force him to pay his employees more? I personally think 100 billion is enough lol

They pay over double the market average for software engineers.

originally posted by: TruthJava
It's just not as easy as some would make it sound.

Ideas are easy, monetizing is hard.

originally posted by: lakenheath24
At some point it is no longer about money....and becomes power. Most businesses strive to become a monopoly....even the mom and pops. Most never get close. Apple and android are monopolies as there is a bar for new systems to enter and compete.
a reply to: WarPig1939

And yet, new systems and new OS's appear all the time. Interestingly, iOS and Android are both based on similar architecture. Other devices are using Unix and Linux variants as well. For example, Magic Leap which is a set of AR glasses that just released last week runs on Lumin OS which is an offshoot of Unix. Microsoft products like the Hololens and their short lived phone run off of Windows. Most areas of computing are diversifying as time goes on.

originally posted by: AugustusMasonicus

originally posted by: lakenheath24
I explained that above. Anyway....i will stop as this is turning into dualling monologues.

Your explanation is your personal view. If Android and iOS operating systems are a monopoly where is the anti-trust suit?

Give it time. Google got away with doing what they did because people couldn't sarcastically add $ in their name. Once the iO$ branding takes off, they'll get hit with a lawsuit.

originally posted by: notsure1
People say get a better job.. there are no better jobs because Bezos shut them all down .

No he didn't. Amazon has been one of the largest market forces to creating new technology in the world. Ecommerce, cloud computing, AI, pathfinding, web design, and more. They've constantly pushed the limits of what both hardware and software can do which has advanced the field. They also pay extremely well for it, and are in fact one of the easier software companies to get into. They've opened up millions of doors in that field.