My concern is what happens to the displaced business owners and their employees? Will this merely serve to continue to increase our unemployment rates and further hurt our economy?
Jobs end and jobs are created is a simplified view though, isn't it? Consider the limited skill set and education that many of these individuals/workers in retail have and then tell us where they will go once companies like Amazon force their employers out of business. Unless amazon can replace the jobs lost with an equal amount of new jobs and guarantee work for the displaced employees, I think they'll end up on the unemployment line seeking financial assistance, which comes directly from our taxes.
I think NYC maybe has seen the devastating effects amazon has had on other cities and doesn't want to join in on the fun. In Jeff Bezos' world, he would love for people to be able to simply click away on their amazon app and never have to consider walking into an actual store to purchase good/services, but it's those same people that he wants money from that also need jobs in order to buy/use his companies products/services.
Put the average consumer out of work and you hurt the overall economy and ultimately yourself.
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Having gone to school for logistics and supply chain management, I'm really torn on this. On the one hand both Amazon, and Walmart are so ahead of everyone else and constantly coming up with new innovations in those areas that from a person's stand point that is interested in those things you can't help but be blown over by what they've achieved. To me it's very interesting to learn about.
On the other hand, there's the things you've mentioned, and my belief which is what SF1900 stated in this thread which is Walmart and Amazon will someday be the only two places to shop. That won't be how it literally turns out, but damn near it. As I mentioned in the property tax thread, I predicted long ago that Amazon would become their own logistics provider to some extent(they have) and eventually completely(they will). I am very much of the thought that they will eventually build their own airports, and build their warehouse/distribution/fulfillment centers on or near the land with the airports, and sell off everything else to become more centralized. My prediction is in 10-15 yrs.
We had a very large, modern, and nicely laid out open air mall here open up around 10 years ago. Out of the 8-10 well known larger retailers opened with the mall itself, that in a traditional shopping mall would be referred to as "anchor stores" only best buy and tj maxx are left....and tj maxx is probably ready to pack it in as their lot never has more than 20 cars except over the winter holiday madness sales. All told, there's probably 180,000 to 220,000 square ft of available retail space there right now.
Amazon did hire a ton of drivers, and call workers here over the last 12-18months, and our unemployment is below the national avg always.