Jeff Bezos in 1999 on why "Internet Shminternet" doesn't matter:
Jeff was being challenged on whether Amazon is still an internet company. They had 3,000 employees and over 4 million square feet of distribution centers.
The interviewer pushes back:
"You're not really a pure Internet company anymore either. You've got millions of square feet of real estate, growing inventory, thousands of employees."
Jeff's response:
"I'm very proud of that because with that distribution center space and half a dozen distribution centers around the country, it allows us to get product close to customers so we can ship it in a timely way which improves customer service levels. That's what we're about."
The interviewer tries again: "But you're not a pure Internet play."
Jeff fires back:
"It doesn't matter to me whether we're a pure Internet play. What matters to me is we provide the best customer service. Internet Shminternet. That doesn't matter."
On what investors should care about:
"They should be investing in a company that obsesses over customer experience in the long term. There is never any misalignment between customer interests and shareholder interests."
The interviewer accuses him of corporate arrogance:
"Isn't it corporate arrogance to assume that you can come into these businesses which you have no experience in and virtually overnight become the best and the market leader?"
Jeff's response:
"When we first started selling books four years ago, everybody said 'you're just computer guys, you don't know anything about selling books.' And that was true. But we really cared about customers and now we know a lot about books. We hired the right people. We take the commitment to the customer very seriously."
On the risk:
"There's no guarantee that Amazon(.com) can be a successful company. What we're trying to do is very complicated. There's huge execution risk involved. We have a terribly complicated business. But this is the less risky of the two approaches because scale is important in this business."
Customer obsession beats everything else.
This is best-selling author Abigail Shrier.
After spending years researching how to rewire our brains...
She just sat down with Joe Rogan & revealed the neuroscience to overcome anxiety, stress, and overthinking.
Here are her 7 mind-blowing insights: 🧵
The most dominant consulting firm in history is crumbling.
McKinsey ruled business strategy for 100 years.
But their growth has now collapsed to 2%.
Their biggest rival is closing fast...
Here's the truth behind McKinsey's collapse (and what's coming next):
Nvidia CEO just shattered the 4-day work week dream.
"We're going to be busier in the future than now."
AI won't replace your job, it'll change it completely.
Here's what the CEO of the world's most valuable company revealed about your future:⬇️
Chris Cuomo brought NIH Director Jay Bhattacharya on to talk COVID, but it quickly turned political.
Right off the bat, Cuomo tried to get him to comment on Trump’s role in Operation Warp Speed….hoping, it seemed, for a headline.
Bhattacharya wasn’t interested in point-scoring. He didn’t fall into the trap.
He brought it back to the bigger issue, which was the total collapse of trust in public health and the need for honesty and transparency moving forward.
“I think it’s really healthy to have transparency about what the drug companies that were involved in Operation Warp Speed know.”
“It’s also really healthy to open up a discussion, an honest scientific discussion, uncensored, on the evidence on the COVID vaccine.”
He said the public had been misled…especially on key claims that didn’t hold up.
“A lot of people have lost trust in all vaccines, as a consequence of essentially—misstatements—including things like, you know, the vaccine stops you from getting and spreading COVID.”
“Remember all the mandates that were in place.”
Bhattacharya admitted that he had never seen anything like it before in his life.
“That kind of level of distrust I’ve never in my long career in public health have seen before.”
But he saw Trump’s call for transparency as a step in the right direction.
“What the president is doing is very, very healthy. Transparency is the way forward.”
It was not going the way Cuomo wanted it to, you could tell by the grim expression painted on his face.
Traditional car factories are dead.
Hyundai made 30,000 cars with 100 workers in a tiny Singapore facility.
That's 3 times more efficient than a Tesla gigafactory.
Their secret? Robot dogs.
Here's how Hyundai just rewrote the 100-year-old manufacturing playbook:
Your $428 sneakers are probably fake.
55% of buyers can't tell. Counterfeits now outsell real shoes by half.
But Adidas made fakes obsolete with something uncopyable.
The molecular breakthrough destroying a counterfeit empire:
In 2014, Zuckerberg bought an unknown company for $19 billion.
The shocking part? It had already lost over $200 million in just 5 years.
Even his COO thought he was insane and begged him to stop.
But what happened next shocked everyone (including Zuckerberg): 🧵
I just spent 2 hours with a guy who sold multiple AI companies for $400M and built AI systems for the Pentagon.
He broke down AI's current influence and future dangers in ways I'd never heard before.
Here are the 8 most important things he told me:
BREAKING: MIT just completed the first brain scan study of ChatGPT users & the results are terrifying.
Turns out, AI isn't making us more productive. It's making us cognitively bankrupt.
Here's what 4 months of data revealed:
(hint: we've been measuring productivity all wrong)
Peter Thiel is a kingmaker in the shadows
He backed Trump in 2016 and now 7 of his ex-colleagues(JD Vance, David Sacks, Elon, Vivek) are running the US government
Once you understand how Thiel spots winners before anyone else, you'll build influential networks like no other🧵