So now we can buy a lot of stuff cheaply that we don't make anymore. And further to the point here, how much is this going to help people when every aspect of both retail sales, and product distribution require less and less people to make happen precisely because it takes automation to make lower prices possible in the first place. And make no mistake. How much longer do you suppose having humans involved with the majority of Chase's business is going to last?
So we put more competition into drug creation, production, and distribution. What then? Do we continue to make drugs here? Or does that have to go overseas as well. And then what about marginal market drugs. Who will make those if the profit margins go way down.
So, as you can see, this also illustrates the adage of "Everybody wants to buy from competitive markets, but nobody wants to sell there."
As such lets then suppose that these guys create a new pharmaceutical juggernaut that does to that commodity what Bezos has already done to retail in general. And lets further suppose that both of these juggernauts gain massive market dominance. What then? After the inevitable churn of management turnover, and new shareholder demands for better profitability, do you think these new entities will always be able to resist taking advantage of their new found, total market control? Will prices stay low then?
[Post Note: And of course, even if disruption doesn't take your job away it can still make it a living hell. J.V.]
THEY'RE GOING POSTAL
WE'RE FOAMING AT THE MOUTH
GOTTA MAKE BEZOS RICHER
WE LIVE IN A DYSTOPIA
[Post Note: Here is another example of a "disruptor" flexing their new found muscle, after having first established themselves as a "price" reducer. J.V.]