Google & Amazon Please Step Forward; the Rest of the Internet, You Can Go Home Now
In 2004, the chilling video “EPIC 2014” predicted that Google and Amazon would merge in 2008 and pretty much rule the world.
Brace yourself, because Sanford C. Bernstein analyst Jeffrey Lindsay argues in a 310-page report that the video is becoming a reality. OK, he’s actually predicting strong growth for Google and Amazon–and few others–but the outcome is pretty much the same. According to Reuters…
“We expect two players to continue to perform strongly, Google and Amazon,” Lindsay writes. “Both Google and Amazon.com are still racking up annual growth rates in the 30-40 percent range, with only a relatively modest slowdown in sight.”
If you’ve not ever seen Epic 2014, you must–I repeat must–watch it.