Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?

To: e. boolean who wrote (13867)	8/18/1998 3:25:00 AM
From: zax	Respond to of 164684

True. "Lay your claim today" seems the mantra of the Amazon long. I don't think there is even iron pirite here.

To: e. boolean who wrote (13867)	8/18/1998 12:54:00 PM
From: Rob S.	Read Replies (1) \| Respond to of 164684

Yes. And the average consumer/investor-speculator/media digestor will be so caught up in the fact that a huge amount of change is occuring that they will throw huge amounts of money at the "early adopters". <The true implications of the increased efficiencies of the internet seem to be too scary to contemplate. The revolution will destroy as much as it creates: I foresee lots of layoffs and industry upheavals on the way.> I agree that it will be a scary, largely uncontrollable mess for years to come. It will result in greater efficiencies in almost every imaginable aspect of society (even government will become less hiearchical and more efficient - well, it might). That could lead to a lot of concentration of production and distribution of mass consumer items in fewer hands. But on the other side of the coin, there also may develop an quickening of decentralization and rapid growth of cottage industries and personalized service. It could cause a greater divergence between the producers and cosumers of society. It will almost certainly cause a greater rift between the technically literate and illiterate. This is a story that will take decades to play itself out entirely - we havn't seen anything yet.