Doug Rushkoff: Silicon Valley — Amazon, Google, and Uber Specifically — Is Broken

Commerce, Corruption, IO Impotency
Douglas Rushkoff
Douglas Rushkoff

Silicon Valley is broken and heading for social unrest, argues media theorist

Rushkoff argues that several major tech companies operate with intentionally unsustainable business models. Amazon and Uber, he says, work by destroying marketplaces and then using their leverage to move into another area. So while Amazon doesn’t make much money off books, the original industry it disrupted, that’s not a concern for them. They make the bulk of their revenue from other products.