August 24th 2017, Amazon officially bought Whole Foods. I first thought what are there alter-motives in this buy out. Why would Jeff Bezos want to buy a food company? At first, I thought it was a genius idea all around, but after further reading, I then realized the disruption it would have on the millions of jobs made for supermarket retail. After doing further research and watching this video, it not only will take jobs a way for cashiers but also for people who stock the aisles, security, eventually the idea of going to the grocery store will dissipate, because soon amazon will be delivering our groceries right to our front door. We can literally shop for our food on the amazon prime app and have it delivered within two days. Let us not forget what Amazon was originally designed for, book retail, and look where that market has gone. “Remember the company’s original disruption: bookselling. Jeff Bezos not only shifted how and where books were sold; he also changed how they were made, by forcing publishers, authors, and everybody else along the book supply chain to cut their costs.” Now we see toys R Us filing for bankruptcy, why? Because why go to a toys store that has limited supply of toys for children, when you can shop on Amazon and just type in the search bar on what you want and it be there. Walmart’s market has been reduced significantly as well, because what industry did Amazon get into as well? Furniture, clothing, kitchen supply, Etc. these are all examples of how Amazon has disruptive these markets through technology in a negative way. The very same thing can happen with the food industry, and by the looks of its virtual testing and videos of it, it certainly will. Is it a more efficient way to shop on all ends? Yes, but does it destroy the job markets it gets into? It has been and will continue.
August 24th 2017, Amazon officially bought Whole Foods. I first thought what are there alter-motives in this buy out. Why would Jeff Bezos want to buy a food company? At first, I thought it was a genius idea all around, but after further reading, I then realized the disruption it would have on the millions of jobs made for supermarket retail. After doing further research and watching this video, it not only will take jobs a way for cashiers but also for people who stock the aisles, security, eventually the idea of going to the grocery store will dissipate, because soon amazon will be delivering our groceries right to our front door. We can literally shop for our food on the amazon prime app and have it delivered within two days. Let us not forget what Amazon was originally designed for, book retail, and look where that market has gone. “Remember the company’s original disruption: bookselling. Jeff Bezos not only shifted how and where books were sold; he also changed how they were made, by forcing publishers, authors, and everybody else along the book supply chain to cut their costs.” Now we see toys R Us filing for bankruptcy, why? Because why go to a toys store that has limited supply of toys for children, when you can shop on Amazon and just type in the search bar on what you want and it be there. Walmart’s market has been reduced significantly as well, because what industry did Amazon get into as well? Furniture, clothing, kitchen supply, Etc. these are all examples of how Amazon has disruptive these markets through technology in a negative way. The very same thing can happen with the food industry, and by the looks of its virtual testing and videos of it, it certainly will. Is it a more efficient way to shop on all ends? Yes, but does it destroy the job markets it gets into? It has been and will continue.