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Amazon Health-Care Move May Be Next 'Home Run' Like Cloud Services
Amazon.com Inc.'s foray into health care won't be the first time it has disrupted an entire industry by starting with an effort inside the company.
Amazon Chief Executive Officer Jeff Bezos is teaming up with fellow billionaires Warren Buffett and Jamie Dimon to revamp health care for the 2.4 million workers and dependents of the companies they run. The move fostered widespread speculation the trio will eventually make their approach to medical care available to companies far and wide.
Bezos has a long, increasingly successful, record of starting new businesses on a small scale, often for the benefit of his company, then spreading them to the masses -- creating a world of pain for incumbents. Consider the ways Amazon is changing industries as varied as product fulfillment, cloud computing and even the sale of cereals, fruits and vegetables.
This is just a cheap excuse to follow up on the machinations of the world's richest human:
Amazon, Berkshire Hathaway, and JPMorgan Chase to Offer Their Own Health Care to U.S. Employees
(Score: 2) by Eristone on Thursday February 01 2018, @11:00PM
Frankly, Sears should be where Amazon is today. They already had the infrastructure to move just about everything to your doorstep or local catalog center for pickup. What they didn't have was management that could grasp the Internet and online sales. Had someone took the Christmas catalog, put it online, set up a way for payment and layaway and marketed it, they could have brought Amazon out and just made books a division of the catalog.