Visionary:Jeff Bezos

From AI Ideas Knowledge Base

Jeff Bezos[edit]

Biography[edit]

Founder of Amazon and Blue Origin, pioneer of e-commerce and cloud computing.

Category[edit]

Entrepreneur

Notable Quotes[edit]

On Zero Marginal Cost Society[edit]

"Your margin is my opportunity."[1]

On Network Effects and Platform Monopolies[edit]

"We've had three big ideas at Amazon that we've stuck with: Put the customer first. Invent. And be patient."[2]

On Creative Destruction in AI Era[edit]

"Machine learning and AI is a horizontal enabling technology. It will empower and improve every business."[3]

On Attention Economy and Information Overload[edit]

"The balance of power is shifting toward consumers and away from companies."[4]

On Innovation Cycles and Market Bubbles[edit]

"Day 2 is stasis. Followed by irrelevance. Followed by excruciating, painful decline. Followed by death."[5]

References[edit]

  1. Jeff Bezos, The Everything Store (2013), p. 241, Little, Brown and Company
  2. Jeff Bezos, U.S. House Judiciary Committee Testimony (2020), July 29, 2020, Washington, D.C.
  3. Jeff Bezos, Amazon Shareholder Letter (2017), April 12, 2017, p. 3
  4. Jeff Bezos, Amazon Shareholder Letter (2018), April 11, 2018, p. 1
  5. Jeff Bezos, Amazon Shareholder Letter (2016), April 12, 2016, p. 1