Why I’m Never Signing Up for Amazon Prime

By The Verge’s Vlad Savov.

Savov’s rationale is convincing. Among his arguments:

“Deals suck. Discounted goods are bad for me, as a consumer, because they nudge me into buying things I don’t need just to be frugal and collect the massive “saving” inherent in the discount. That’s how I’ve ended up with a collection of pristine, totally unworn sneakers that seemed too cheap to pass up.”

And:

“Free delivery is never free. Amazon Prime makes it unbelievably easy to shop unthinkingly. You can just order up a ton of things of the same class, try them all out, and return the majority, keeping only one. That phenomenon has been so prominent with clothes that Amazon formalized it with the introduction of Amazon Prime Wardrobe last month. But for each of those back and forth trips, there’s a truck, a boat, a plane out there, pushing stuff around the world for the sake of our sheer indulgence and indecision. I don’t care how anyone rationalizes this, I consider it wasteful and polluting and not something I want to contribute to.”

Also:

“Amazon’s employment practices are shit. . . . It was the subject of an undercover BBC Panorama documentary a few years ago, and reports of exploitative working conditions at Amazon warehouses persist. Everything about Prime that feels unbelievably cheap is only so because of the unbelievably cheap way that Amazon deals with the people discharging its duties.”

The only problem with Savov’s essay is his overly soft landing.

“I don’t expect anyone to follow or join me in resisting Amazon’s primal pull toward Prime. You’ve got your own priorities in life and, in all honesty, nobody’s going to fix global injustice by disregarding Prime Day and taking a nice walk outside instead.”

Vlad, I will happily follow you by continuing to resist the lure of Amazon Prime. And I’ll take a nice walk outside too.

Advice for New Investors

Or old. My previous reference and link to Amazon’s historic stock run up was a disservice to all of the esteemed readers of the humble blog. Same with my occasional references to Apple. Please strike all my references to individual stocks from the record.

Jeff Sommer restores order with “How Stocks Can Make You Rich. But They Probably Won’t“.

Heart of the matter:

How can those two sets of facts — the underperformance of the typical stock and the outperformance of the overall stock market — both be correct?

It is because a relative handful of stocks tend to outperform all others by tremendous amounts.

The conclusion:

“. . . most people picking stocks are unlikely to do well for very long.”

In related news, during the evening commute I enjoy listening to Seattle radio’s “Ron and Don”. They care about their community, they’re funny, and they have a beautiful rapport. However, their good work is seriously undermined by their pimping of an on-line trading school. They’re smart enough to know that 99% of day traders get their asses handed to them, despite that, they promote the shit out it.

I wrote them and asked why. No reply. Yet.

Inside Amazon

Despite only being two to three days old, this New York TImes Amazon expose has generated 5,735+ comments. And a rebuttal by Amazon’s founder and CEO, Jeff Bezos.

First, let’s acknowledge that the trustworthiness of the Times’s investigative reporting has regrettably slipped in recent years. Despite that, it’s an amazing peek inside the company that so many consumers, myself included, have to this point mindlessly supported. And by amazing, I mean really disturbing.

It’s a precautionary tale for any business or organization that believes data analysis or “metrics” is the answer to all problems.

Bezos says its not the company he knows. That probably means he’s completely lost touch with most of his employees’ day-to-day realities.

Amazonians’ long hours and personal sacrifices might make sense if it had a more inspiring mission than sell more shit and dominate retail. Another reminder that materialism shapes 21st Century U.S. life and wealth is a powerful motivator.

In skimming a small cross-section of the comments, I was struck by how many readers said they were completely cutting the Amazon chord. Will they follow through? Will they slow the giant retail supertanker? Time will tell.

App Review—Zite Personalized Magazine—Algorithms Ain’t All They’re Cracked Up to Be

When I first met the Zite Personalized Magazine App I was totally infatuated. She was a total looker, great interface, and totally customizable. Our first dates were fantastic. We created structure by selecting several newspaper “sections” including: architecture, arts & culture, automotive, business & investing, film & tv, food & cooking, gadgets, health& exercise, mac news, personal finance, philosophy & spirituality, and sports.

Then we settled into a nice daily rhythm of just hanging out and reading. When I read an article on Steve Jobs, she asked me if I’d like more like it. “Yes,” I answered. Always so selfless, when I read a Sports Illustrated article on recruiting controversies at the University of Oregon she asked if I’d like more articles from Sports Illustrated (yes), about the University of Oregon (no), and NCAA recruiting (no). So inquisitive, and such a patient listener, she totally “got me” in very short order.

But now we’ve plateaued, maybe even started to drift apart a bit, and I’m not sure how to get the lovin’ feeling back. The problem is, with all her fancy pants algorithms, she’s gone overboard in personalizing my homepage. Nevermind what’s happening in Iran, Syria, or Putin’s Russia, my home page is filled with stories about Apple computer, college sports, and, not sure where she got this, Prince Harry partying in Belize.

As you know, whether we answer “did you like” inquiries or not, algorithm-based highly personalized internet suggestions and marketing are the future. iTunes and Netflix tells us what music and movies we’d like based each of our choices. Same with Amazon. At Amazon and other commercial sites we don’t even have to make purchases. Big Commercial Brother tracks our internet surfing and then creates personalized suggestions and ads.

“Free” customizable newspaper apps shouldn’t be as controversial should they? It’s a real time saver not having to sift through less interesting stories. Right? The problem is the end result—hyperpersonalized newspapers that make it less likely we’ll stumble upon interesting, quirky, challenging stories that stretch us. Spontaneity is sexy, endlessly staring into a mirror is not. We already live in economically and racially segregated neighborhoods, we watch television that affirms our political biases, and we attend churches and recreate with people that look like us.

Where are the diverse neighborhoods, schools, churches, and public places where people can begin learning how to get along with people different than them? People who are richer or poorer, people from across the political spectrum, people who are and aren’t religious. And where are the internet apps and websites where people’s thinking is challenged, nourished, deepened?

Another article on my Zite homepage today is titled, “The Gray Divorcés” which is about the increasing percentage of 50+ year olds deciding to divorce. (More evidence I was right that divorce is the new default.) I’m not quite ready to break it off with Zite altogether, but she’s getting on my nerves.

Grade: B-