CNN Special Report Season 4 Episode 7

CNN Special Report Season 4 Episode 7 The Age of Amazon

  • August 16, 2019

The Age of Amazon, the seventh episode of the fourth season of CNN's Special Report, is a detailed exploration of the business of one of the world's largest retail giants, Amazon. Hosted by Senior Correspondent Laurie Segall, the episode examines Amazon's meteoric rise from a small online bookstore to a global mega-corporation that dominates sectors ranging from e-commerce to cloud computing, while delving into the controversies and criticisms around the company's business practices and the impact it has on consumers, workers, and the broader economy.

Through interviews with former and current Amazon employees, industry experts, and writers, Segall provides a comprehensive overview of Amazon's history, philosophy, and business strategies. She highlights Amazon's relentless focus on customer satisfaction, its disruptive approach to traditional retail models, its investments in cutting-edge technologies like AI, and its ambitions to become the "everything store" where consumers can find and buy anything they need, anytime, anywhere.

At the same time, The Age of Amazon also explores the darker sides of Amazon's success. Segall investigates the working conditions and labor practices of Amazon's warehouses, where employees are subject to grueling workloads, low wages, and limited job security. She talks to workers who have experienced the consequences of Amazon's intense emphasis on efficiency and productivity, including injuries, physical and emotional stress, and the pressure to meet unrealistic goals.

The episode also covers the impact of Amazon's growing dominance on small businesses, rural communities, and the larger economy. Segall talks to local business owners who have struggled to compete with Amazon's economies of scale and aggressive pricing strategies. She examines the social and environmental costs of Amazon's vast logistical operations, including traffic congestion, pollution, and the displacement of local communities. And she invites a range of opinions on what Amazon's future may hold, including the risks of its concentrated power and its potential role in shaping the course of society and politics.

Overall, The Age of Amazon is a thought-provoking and informative look at one of the most influential and controversial companies in the world today. It offers a nuanced and balanced perspective on both the strengths and weaknesses of Amazon, and raises important questions about the role of businesses in today's society.

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Description
  • First Aired
    August 16, 2019
  • Language
    English