Capitalism in Crisis: Big Tech's Triumph and Small Business's Struggles during the Pandemic
Unpacking How Big Tech Thrived During the Pandemic
In this script, I delve into my personal journey of understanding how major corporations like Amazon, Microsoft, Apple, Tesla, and Tencent managed to achieve record-breaking profits during the COVID-19 pandemic, amidst severe restrictions that devastated many small businesses. I discuss my initial inclination to use ChatGPT for insights and my skepticism towards its responses, raising questions about the supposed location-agnostic nature of these businesses, their supply chain adaptability, the expansion of cloud computing, and their navigational prowess through regulatory landscapes. I also explore the investments in automation and technology, the monopolistic tendencies of these corporations, their shift towards online platforms, and the strategic manipulation of government relationships for tax and regulatory benefits. Moreover, I share my critical reflections on the broader societal and psychological impacts of moving towards an increasingly online existence, evaluating the economic disparity between large corporations and small businesses, and pondering the future of competition and innovation within this context.
00:00 Introduction and Initial Thoughts
01:14 Exploring the Success of Big Tech Companies During the Pandemic
02:34 Diving into the Details: Supply Chains and Regulatory Navigation
05:27 The Impact of Online Shift and Automation
14:09 The Power of Financial Resilience and Market Insights
29:52 The Impact of Tech Industry's Growth Narrative
30:49 The Shift to Online Interactions and its Consequences
34:13 The Struggles of Small Businesses During the Pandemic
38:22 Understanding Capital Raising Through Share Issuance
39:10 The Relationship Between Large Corporations and Government Institutions
-
1:07:56
The Unspoken Truth
1 year agoThe Unseen Crisis in Corporate Bankruptcies | Normalcy bias DESTROYING our way of life
83 -
55:32
PODCAST
1 year agoMind Your Own Small Business Ep. 2: The Rise of AI: Will Small Businesses Survive?
52 -
31:34
Investor Financing Podcast
2 months agoThriving in Chaos: Unlocking Opportunities Amidst Corporate Layoffs & Economic Shifts
13 -
14:44
Books for Success
4 months ago‘Company of One’ by Paul Jarvis. Why Staying Small is the Next Big Thing for Business | Book Summary
5 -
8:24
Winner Take All Podcast
3 years ago $0.01 earnedAmazon Business: an Unprecedented Threat to The B2B Industry 🚨
65 -
18:35
John Di Lemme - A Very Strong Conservative You may not want to follow me)
1 year ago'4' Quick Tips on How to Recession Proof Your Business while Making Capitalism Great Again!
9452 -
42:45
TheBestBusinessPodcast
5 months agoSolving the Entrepreneur's Dilemmas in Building Profitable Brands and Balancing Work-Life Struggles
1 -
24:41
sooofisticated
1 year agoSmall business are the new proletariat
7 -
27:23
Culture War On BPRTV
2 years ago“Big Businesses Win. Small Businesses Wither And Die. That’s Been The Story Of This Country”
30.4K -
3:41
shred15
8 months agoAmazon's Monopoly Allegations and Its Connections with Government Agencies
105