The cut apple takes is too big, and, afaict the cut seamless and Instacart and probably Uber and Lyft take is way too big too.
Technology can increase ease while also lowering prices, but it’s just so easy for it to go the other way.
I think Uber and Seamless are most obvious to me in NYC. The overall cost of doing basic stuff was initially depressed and now has increased way over inflation.
Regulators have played their part.
Contrast with Amazon who we all like to hate on, and who may be abusive to retailers and manufacturers, but the savings is clearly passed on to the consumer.
Why don’t these companies just drop Apple then? They can just make web sites and then users can order Uber’s and food from any browser on any device and pay nothing to anybody.
Technology can increase ease while also lowering prices, but it’s just so easy for it to go the other way.
I think Uber and Seamless are most obvious to me in NYC. The overall cost of doing basic stuff was initially depressed and now has increased way over inflation.
Regulators have played their part.
Contrast with Amazon who we all like to hate on, and who may be abusive to retailers and manufacturers, but the savings is clearly passed on to the consumer.
No real ideas. Just an observation.