eBay CEO: Amazon Drones Are Fantasy
angry tapir writes "In the race to deliver online shopping purchases faster, drones don't impress eBay's CEO. 'We're not focusing on long-term fantasies, we're focusing on things we can do today,' John Donahue said in an interview. He was reacting to an interview Jeff Bezos, CEO of e-commerce rival Amazon, gave last weekend in which he said Amazon is investigating the use of drones for package delivery."
They used to be much more differentiated, but they're overlapping more and more. Traditionally eBay's business was regular people selling used stuff, while Amazon's was first-party sales by Amazon. But both of them now do a lot of business in the third category of being basically the storefront for third-party businesses selling stuff. Everything from camera shop like Adorama, to third-party bookstores, now list a ton of items through both eBay and Amazon Marketplace, which is where they compete most directly.
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Netflix began killing Blockbuster when shipping DVDs through the mail was still their biggest business. That's a product with mass and physicality; perhaps you have no idea what you're talking about?
Apparently wizard is not a legitimate career path, so I chose programmer instead.
In other news, Study: People Are Biased Against Creative Thinking
Upward mobility is a slippery slope - the higher you climb the more you show your ass.