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152

Lie to Me

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Galloway, S. (2018). Lie to Me. In Galloway, S. The Four: The Hidden DNA of Amazon, Apple, Facebook, and Google. Portfolio, pp. 152-162

162

Amazon has also effectively conspired with half a billion consumers to use algorithms to starch the margin brands used to garner and deliver those savings to their ally, consumers. A retailer leveraging its power to grow a higher-margin private label is not new. We’ve just never seen anybody this good at it. Just as U.S. allies were “shocked” we were listening in on world leaders’ phone calls, they all knew we spied on each other. What pissed them off is how much better we, the United States, are at it. This alliance between Amazon, consumer, and algorithms gives consumers enormous value, and Amazon’s resultant (blistering) growth garners hundreds of billions in shareholder value for employees and investors. As consumers we benefit enormously from a relationship with the most powerful allies you could ever have on your side. As citizens, wage earners, and competitors, we know we are being abused but just can’t break up with the hot girl.

does he have an editor?

—p.162 by Scott Galloway 8 months, 1 week ago

Amazon has also effectively conspired with half a billion consumers to use algorithms to starch the margin brands used to garner and deliver those savings to their ally, consumers. A retailer leveraging its power to grow a higher-margin private label is not new. We’ve just never seen anybody this good at it. Just as U.S. allies were “shocked” we were listening in on world leaders’ phone calls, they all knew we spied on each other. What pissed them off is how much better we, the United States, are at it. This alliance between Amazon, consumer, and algorithms gives consumers enormous value, and Amazon’s resultant (blistering) growth garners hundreds of billions in shareholder value for employees and investors. As consumers we benefit enormously from a relationship with the most powerful allies you could ever have on your side. As citizens, wage earners, and competitors, we know we are being abused but just can’t break up with the hot girl.

does he have an editor?

—p.162 by Scott Galloway 8 months, 1 week ago