How Amazon Silently Buys Companies to Know Your Needs Before You Do
Amazon is about to spend $1.7B to see inside your home. It needs insights into your daily struggles to sell you solutions before you know you need them. Imagine it's 2PM on a Tuesday and your Roomba automatically starts vacuuming your living room.
Brian O'Connor
Follow me to validate & grow your business | Ex-@Deloitte | Advised 30+ Fortune 500 executives | Built community of 77,000+
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So… Amazon is about to spend $1.7B to see inside your home.
— Brian O'Connor (@BrianFOConnor) March 9, 2023
How Amazon silently buys companies to know your needs before you do: -
Imagine it's 2PM on a Tuesday.
— Brian O'Connor (@BrianFOConnor) March 9, 2023
Your Roomba automatically starts vacuuming your living room.
It notices scratches on your wood floor
Scratch remover arrives in the next hour.
Your every need - delivered to your door before you know you need it. -
Amazon is positioned to sell you solutions before you know you need them
— Brian O'Connor (@BrianFOConnor) March 9, 2023
To do this, it needs insights into your daily struggles:
• It owns Ring - to get video of your home
• It owns Alexa - to get audio of your home
• It's buying Roomba - to get a map of your home -
Amazon is buying iRobot (makers of Roomba) for $1.7B
— Brian O'Connor (@BrianFOConnor) March 9, 2023
Now they'll know what the inside of over 30 million homes looks like
This better connects your smart home and gives them insight into the intimate workings of your daily life pic.twitter.com/9ZaJFW9sFY -
How do we know they're buying Roomba for the data?
— Brian O'Connor (@BrianFOConnor) March 9, 2023
Amazon owns a cleaning robot: Astro
So we know it already has the ability to build a cleaning robot
But at $1,000 a robot, Astro has not sold into many homes - while 30M+ people own a Roomba.
This deal has the EU worried... pic.twitter.com/LFMOR5fSku -
The EU is challenging the deal.
— Brian O'Connor (@BrianFOConnor) March 9, 2023
They worry that Amazon will have too much power when it combines iRobot's visual data with Alexa data.
Amazon will know too much about your personal life.
And in the US - the concern is on police accessing that data. -
Police can access Amazon data by filling out a form.
— Brian O'Connor (@BrianFOConnor) March 9, 2023
This form: https://t.co/mVMzQhJwbw
Now what happens when police requests a view inside your home?
This puts Amazon into new political cross-hairs. pic.twitter.com/lBCwpixEou -
Amazon developed a brilliant positioning strategy
— Brian O'Connor (@BrianFOConnor) March 9, 2023
And will continue to buy companies to get insight into the intimate workings of our daily life
They're envisioning a world of extreme convenience and to do so, we'll trade privacy that we take for granted today -
That's a wrap!
— Brian O'Connor (@BrianFOConnor) March 9, 2023
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— Brian O'Connor (@BrianFOConnor) March 9, 2023
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