In the past week, there has been a flurry of analysis from Wall Street on how Amazon could affect various industries, including banking, healthcare, logistics, and online travel. All the analyses are at least partly based on Amazon's flywheel model built on offering "Earth's biggest selection," using scale to lower the cost of goods and delivery, and providing a great customer experience. Through this lens, it appears there are few businesses Amazon couldn't upend. It seems Wall Street...
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