Faculty News | Financial Times | 08
Amazon economy: From warehouse to powerhouse
Re: Marco Iansiti
At a macro level, hub businesses such as Amazon improve efficiency, which is good news for small players, says Marco Iansiti, a professor at Harvard Business School. "The bad news is your destiny is shared with a bunch of other people," he says. "If Amazon has a catastrophe, if the website goes down, then a lot of people are affected. It is a source of systemic risk that we didn't have before."