That’s the title of this talk by Prof. Scott Galloway. It’s very interesting, from three different points of view:
- What Amazon is doing to the retail sector of the US economy;
- Amazon’s impact on the brands that are relied upon by most major manufacturers and distributors; and –
- Amazon’s longer-term implications for us as consumers.
I’ve been warning for some time that the rise of robotics and artificial intelligence threatens many traditional jobs. Now it’s becoming clear that those fields, applied to retail (as Amazon is doing at breakneck speed), may literally dismantle the supermarket as we know it today.
I highly recommend watching this video clip in full. It’ll make you think.
You can read an article based on the clip here. The links it contains to other articles are also worth following.