Word: speeded
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Dates: during 1990-1999
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...sellers who had all the information, buyers are getting smarter and smarter. At sites like mysimon.com it's possible to go shopping and search not only Amazon but also the collections of two dozen other booksellers to find the best deal. And in coming years--heck, at Net speed, in coming months--it will be possible to find the cheapest price on just about anything: wines, CDs, perhaps even body parts...
...seller were often separated by hundreds of miles of rail track. In the Internet age even buyers and sellers separated by 10,000 miles of fiber-optic cable are closer than those prairie purchasers were to Mr. Sears. They are nanoseconds away, and, as is becoming increasingly apparent, speed kills. It kills old economics, it kills old companies and it kills old rules...
Each item goes into a large green crate that contains many customers' orders. When full, the crates ride a series of conveyor belts that winds more than 1 miles through the plant at a constant speed of 2.9 ft. per sec. The bar code on each item is scanned 15 times, by machines and by many of the 600 full-time workers, all of whom get Amazon stock options...
...year since the IPO, eBay has hit a few speed bumps. The site has been plagued with headline-grabbing crashes, among them a 21-hr. outage in June, four more in July, and a 10-hr. shutdown in August that sent eBay stock plunging 10%. The stakes were higher than ever because the eBay staff was well aware that thousands of individuals outside the company--single mothers, disabled people, seniors--were supporting themselves by selling on eBay. "It was probably the single most stressful time we've had at eBay," says Skoll of the August crash. "Poor Meg would catch...
...According to Isaac Newton, both space and time were fixed attributes of the universe, a God-given stage on which events unfolded. But Albert Einstein torpedoed that idea with his theories of special and general relativity: the only thing that's fixed in the cosmos, he showed, is the speed of light...