Amazon experimented internally before going prime time with its most impressive and valuable business, AWS. It’s doing the same thing with healthcare. Amazon is the second-largest employer in the US and is now offering health services to its employees. Healthcare likely costs them between $3 and $4 billion per year, and using employees is Hitler in Spain, fine-tuning his war machine (note: a metaphor, not comparing anybody to Hitler).
Our time on earth is finite, and the most value-accretive firms and offerings in the future will be those that extend or enhance time. They will be time machines.
Amazon will also reduce the staggering amount of time/life being absorbed managing your own, or a loved one’s, healthcare. Caring for a child with diabetes requires an average of 192 minutes per day, which translates to 4 years of time over the next 30 years. Healthcare is ripe for disruption. Amazon will bypass $1 trillion and begin its march toward $2 trillion as the pharma and insurance sectors begin leaking value to Amazon.