Comment on Alexa had “no profit timeline,” cost Amazon $25 billion in 4 years

• EmilyIsTrans@lemmy.blahaj.zone ⁨3⁩ ⁨months⁩ ago

  It’s a good thing their reason is explained very clearly in the article under which we are currently discussing. They believed Alexa would have a high “downstream impact”, i.e.generate sales or subscriptions elsewhere in the company. Which it has so far failed to do.

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  • radivojevic@discuss.online ⁨3⁩ ⁨months⁩ ago

    Amazon wants the loss to avoid paying taxes. They would never admit it is doing well collecting data.

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    • EmilyIsTrans@lemmy.blahaj.zone ⁨3⁩ ⁨months⁩ ago

      Can you explain to me exactly how moving where profit is recorded from one division to another in the same organization reduces their tax burden? Because, excuse me, I know I only did a year or two of accounting courses before dropping the degree, but that’s not how I understand taxes to work.

      Also to be turning a profit by “doing well collecting data”, the open market value of the data Alexa alone annually generates would need to be around 8% of the entire global data market. If you can justify how millions of instances of “Alexa set a timer for 10 minutes”, “Alexa what is the weather”, or “Alexa play despacito” generates that much value, maybe you have a point.

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      • radivojevic@discuss.online ⁨3⁩ ⁨months⁩ ago

        “Excuse me”

        You seem pretty agitated, and I don’t want to engage with you if you’re going to be impolite.

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