Comment on Alexa had “no profit timeline,” cost Amazon $25 billion in 4 years
EmilyIsTrans@lemmy.blahaj.zone 10 months agoIt’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.
radivojevic@discuss.online 10 months ago
Amazon wants the loss to avoid paying taxes. They would never admit it is doing well collecting data.
EmilyIsTrans@lemmy.blahaj.zone 10 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.
radivojevic@discuss.online 10 months ago
“Excuse me”
You seem pretty agitated, and I don’t want to engage with you if you’re going to be impolite.
EmilyIsTrans@lemmy.blahaj.zone 10 months ago
Yeah well, apologies for being a little sassy, but I’m not exactly a big fan of your tone either.