The logic behind them is akin to how utilities function. [fact]
The logic behind them is akin to how utilities function. Jeff Bezos, Amazon’s chief executive officer, compares it to electricity provision: whereas early factories had each its own power generator, eventually electricity generation became centralised and rented out on an ‘as needed’ basis. Today every area of the economy is increasingly integrated with a digital layer; therefore owning the infrastructure that is necessary to every other industry is an immensely powerful and profitable position to be in.
Nick Srnicek, Platform Capitalism, loc. 60