Comment on Amazon's Monopoly of the tech industry is ruining the US economy
Grappling7155@lemmy.ca 4 days ago
I’m surprised there’s so few mentions of AWS in this thread. It’s a huge profit centre for the company and a large portion of the internet is now running off of it. AWS is basically the internet’s landlord now, and the profits generated from being the most popular cloud service provider globally are probably why they can afford to invest so heavily into their logistics infrastructure and retail that people are more familiar with.
I went to a conference this weekend, and it slowly dawned on me how every single one of the vendors was selling their app hosted on AWS. That’s all it is. Just different flavors of AWS.
Even if you dont interact with AWS directly, every business needs business services - you can bet that no matter what you’re buying or who you’re buying it from, some of your money is going directly to AWS marketplace.
Not to mention a lot of eggs in one basket. They’ve built in a lot more redundancies now yeah, but all it takes is a hit to AWS and a shitload of the internet is just DOA. Yeah you can argue about protections and data centers or whatever, but still. It’s one big nest in control of one company, no matter how well they guard it, it’s still a risk, technical, ethical, or whatever.
One shit update is all it takes, just ask CrowdStrike and Microsoft
Flocklesscrow@lemm.ee 3 days ago
AWS generates more than 50% of Amazon’s profit. Their retail side is peanuts, by comparison.
GamingChairModel@lemmy.world 3 days ago
The retail side of their operations serves as basically a really big customer of AWS services.
GiddyGap@lemm.ee 3 days ago
The retail side is also just a huge ad for Amazon as a company. It’s what everyday consumers know even if it doesn’t provide a huge amount of profit. It creates name recognition.