Two things crossed my path, as perhaps a lot of you too. They are not related, but they gave me food for thought. The first are the floods all over NY city. I looked at a lot of YouTube videos and I agree, we have never seen this before, will we see more of that? Time will tell. Yes, it could be due to global warming, but it is not a given. We have tornado’s and we have storms and this one went towards New York. Now, I am not stating that it isn’t due to global warming, but to point the finger from the start is not a good idea. I do believe that global warming is part of the storm surge and as global warming continues there will be more storms. There is no denying that. One can lead to the other, but one is not the definite cause of the other. That setting is here too. So whilst those with a sub-level apartment, they now have a swimming pool. I am not making fun of them, that would be wrong, but it is important to consider that New York has never dealt with this before and it is now August. It will take months to dry, so we are in a setting with thousands of a basement apartments and when the frost sets in, these houses will become death traps. November and December will be close to unbearable and in January if the frost sets in these apartments will be a different setting. It is also a more important setting, if snowfall comes early this December, thousands of places to live will become close to unsurvivable and New York better get ready for that stage, it could kill a lot of people. Is it a given? No, it is not, but the floods are clearly visible, if the subway is flooded, how will these houses fare? And that is only the start, the water brought all kinds of mud and other health threats, so cleaning these places will be an almost titanic task. Then we get to the damaged electrical systems, and all this is before we realise that plumbing and water will take a while to become decently reliable again. A stage we saw in part, but how much of these dangers did the people see?
The second is not related, but it had my attention. Reuters (at https://www.reuters.com/article/amazon-tv-usa/amazon-to-roll-out-its-own-tv-in-u-s-by-october-business-insider-idUSKBN2FZ00D) gives us ‘Amazon to roll out its own TV in U.S. by October’, this implies that there is another statin on US minds, Amazon will have more than Amazon Prime Video, they are now setting the stage to TV and there is no attack, there is no issue. Yet the stage of them offering TV with a twist is not out of the question. It is a clever move from Amazon, they have the option to take advertising to a whole new level and it is THEIR TV channel, so the essential attacks on Amazon will not be as effective as the attacks that Apple and Google are facing. But is that what it is about? No, it is not merely the TV part, it is the shifting economy that Amazon gets to push for. This is not meant in a negative way, but consider that thousands will be dislodged, thousands will need a job, a home and Amazon who is out to hire 55,000 tech jobs and that news is a mere 22 hours old. People have relocated for a lot less and that gives Amazon more than a leg up, it gives them a furlong head start in 2-3 venues and in this setting of bad news they become a shining light and optionally a larger staged beneficial noise to a lot of people. The part that New York might not like is that there is a setting where (depending on Amazon choices) 20-30 thousand people vacate for sunnier shores and in light of what happened in the last few days, with the added workforce taking a step in an optional other direction. We will see a larger stage of the economy changing in New York, one New York never anticipated before. So we see the tech jobs, TV and a lot more and Amazon is at the heart of that. These events are not connected, yet the stage of a larger change becomes apparent, or perhaps I need to say ‘speculatively apparent’. because it is speculation from my side. A stage where Amazon gets to promote their jobs, their positions, their TV, their goods at base pries is an advantage that few ever have and thousands are looking for jobs and that advantage is likely to increase over time. I am merely looking at the pharmaceutical side, the retail side and the job side and there we see Amazon having an advantage thrice over. And as I see it, they are not doing anything wrong. They merely take a versatile set in a post covid era and they are decently ahead of the rest.
So consider what I write, consider what you think and see where you can prosper, because someone who hires 55,000 tech jobs has a larger plan in place and that is not something you should ignore, especially when Amazon takes that setting on an international level. It gives them a larger advantage over several players who aren’t even close to doing what Amazon is claiming to start over the next 4 weeks.