Amazon has been offering 22 dollars an hour and a three thousand dollar signing bonus at some of its fulfilment centers. Do you see this is like a long term risk for amazon, which is simply a, the turnover is so high and they're so large, that they might almost run out of people who were willing to do this work? That's a good question. You should ask the same question of, you know, walmart or dollar general. I believe that amazon has to raise wages like that in order to attract and retain workers.
At some point in their journey, 90% of the world's goods travel by ship. Ordering something on Amazon may be simple, but getting to your front door is anything but. It's a topic that Christopher Mims, technology columnist for The Wall Street Journal, covers in his book Arriving Today: From Factory to Front Door – Why Everything Has Changed About How and What We Buy.
In this episode producer Ricky Mulvey talks with Mims about his book, covering topics including: - The roots of the microchip shortage - Why Uber had a difficult time disrupting the trucking industry. - What it’s like to work in an Amazon fulfillment center - How to explain the metaverse to your mom
You can follow Christopher Mims on Twitter @mims.
Host: Ricky Mulvey Guest: Christopher Mims Engineers: Rick Engdahl, Dan Boyd
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