Google: Responding to the Bezos Bulldozer Just Slowly
May 14, 2020
Bulldozers have a top speed of what 10 kilometers per hour, maybe less if grinding through abandoned retail store fronts? As part of the DarkCyber research for our Amazon blockchain report, we put in our files “Amazon considers Entering Insurtech Market.” The date of this write up was 2017. The bulldozer has been making progress. AWS seems to be making progress. Amazon’s outstanding online marketing and documentation provides a semi-clear picture of what the Bezos bulldozer has accomplished. See, for example, Insurance.
We found the “truth” centric Thomson Reuters’ story “Insurer Brit and Google Cloud to Launch First Digital Lloyd’s Syndicate” intriguing. We learned:
Insurance company Brit and Google Cloud are together launching the first digital Lloyd’s of London syndicate, accessible from anywhere and at any time.
Thomson Reuters’ perceives that insurers are “in a race to team up with tech giants such as Google.”
Several questions:
- Did the Amazon insurance push fizzle and Thomson Reuters miss the two year old story?
- Did Google overlook the Amazon announcements which began flowing in 2017? For instance, “Amazon Is Coming for the Insurance Industry – Should We Be Worried?”
- Will regulators pay more attention to the financial services push from US technology giants?
DarkCyber cannot answer these questions. However, it would be helpful if a time context for Google’s activities were provided. The information makes clear how quickly or slowly Google responds to the slow moving Bezos bulldozer which is chugging along in some interesting financial markets. Are those camels watching the bulldozer moving forward? Nah, the bulldozer is probably delivering groceries.
Stephen E Arnold, May 14, 2020
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