I read three seemingly unrelated things last week that suddenly collided in my head so hard I spent 15 minutes searching for the third illusive reference so I could piece this story together.
The market cap of the top 6 AI/tech Companies (Microsoft, Google, Apple, Amazon, Nvidia, Meta) equals $10 Trillion. The GDP of the 3rd and 4th largest economies in the world (Japan and Germany) is $8 Trillion. These tech companies concentration of power has never been seen before and there is no regulatory movement to stop it. As someone said, we are all "digital serf" now.
Projecting 10 years from now, could these numbers be $16 Trillion as 8 Trillion (double), possibly realistic given exponential power curves of AI and some digitally based businesses.
Pretty insightful. I had not read the articles you reference but the Amazon foray into healthcare was on my radar. Combine this with their team-based API culture and customer obsession makes for an interesting future.
Agreed. You make an interesting point about customer obsession. If the customer is the recipient of the healthcare that sounds good right? Although perhaps we then need to look at the expected experience of the healthcare professionals and the other providers of goods and services in the healthcare economy. Which would be big Pharm?
The market cap of the top 6 AI/tech Companies (Microsoft, Google, Apple, Amazon, Nvidia, Meta) equals $10 Trillion. The GDP of the 3rd and 4th largest economies in the world (Japan and Germany) is $8 Trillion. These tech companies concentration of power has never been seen before and there is no regulatory movement to stop it. As someone said, we are all "digital serf" now.
Projecting 10 years from now, could these numbers be $16 Trillion as 8 Trillion (double), possibly realistic given exponential power curves of AI and some digitally based businesses.
Pretty insightful. I had not read the articles you reference but the Amazon foray into healthcare was on my radar. Combine this with their team-based API culture and customer obsession makes for an interesting future.
Agreed. You make an interesting point about customer obsession. If the customer is the recipient of the healthcare that sounds good right? Although perhaps we then need to look at the expected experience of the healthcare professionals and the other providers of goods and services in the healthcare economy. Which would be big Pharm?
AFAIK customer obsession in Amazon terms always refers to the end customer, not the provider using Amazon's platform.