Pluralistic: Gandersauce (08 Mar 2025)
by Cory Doctorow
Amazon is a paperclip-maximizing artificial intelligence, and the paperclip it wants to maximize is profits, and the path to maximum profits is to charge infinity dollars for things that cost you zero dollars. Infinite prices and nonexistent wages are Amazon's twin pole-stars. Amazon warehouse workers don't have to be injured at three times the industry average, but maiming workers is cheaper than keeping them in good health. Once Amazon vanquished its competitors and captured its the majority of US consumers, it raised prices, and used its market dominance to force everyone else to raise their prices, too. Call it "bezosflation"