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Yeah, he's just one health crisis from complete bankruptcy. What if he goes to the hospital complaining of a headache and they charge him $182 billion for an aspirin?
He should have bought Bitcoin if he wanted to be really wealthy.
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Too bad it's not a sailing yacht. He shares the vision of Gerard O'Neill. Making it reality will require large amounts of money.
It is really trendy for billionaires to be interested in space right now. I think they want to make money there. They believe that too big to fail on earth means that they should go where nobody has made any money. O'Neill was product of academia, a physicist and not a head of corporation.
Also, I'm interested in how you think Amazon is too big to fail because I most certainly do not think they are.
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> Corporations should never be allowed to get this large. Why? Bonus question: Why should governments be allowed to get that big?
Let's start with the premise that "representative government is the union of the people" and "profit motive is not always the best incentive for action in society", and go from there.
> This journey began some 27 years ago. Amazon was only an idea, and it had no name. It had a name, and that name was "Cadabra". It didn't become Amazon until Jeff watched a documentary about the Amazon River. His lawyer had already turned up his nose at "Cadabra", and Jeff was looking for something else. It's also worth noting that the idea didn't grow over time - Jeff always intended to build something like "Sears…
Out of curiosity has it ever seemed to you that Amazon's success changed Jeff? Or has he always been largely the same person you knew from the start?
End of an era. I wonder what he'll do next.
It's a good time for another CEO to take center stage at a different company. Any suggestions?
From https://www.aboutamazon.com/news/company-news/email-from-jef... >Fellow Amazonians: >I’m excited to announce that this Q3 I’ll transition to Executive Chair of the Amazon Board and Andy Jassy will become CEO. In the Exec Chair role, I intend to focus my energies and attention on new products and early initiatives. Andy is well known inside the company and has been at Amazon almost as long as I have. He will be a…
For comparison, using national total wealth, that makes Amazon worth more than Saudia Arabia, Denmark, Portugal, or New Zealand. It's $280.5 billion in revenue in 2019 put it above the GDP of Romania, Peru, Ukraine, etc. Corporations should never be allowed to get this large.
I'm excited that this will really accelerate the space race. I think his relative lack of attention paid to Blue Origin (compared to Musk and SpaceX) is why they've fallen so far behind.
You really think it’s a big factor? I suspect there’s just a very different culture and ethos there. And Musk also has Tesla (including solar), Open AI, Boring, Neuralink, and lots of tweeting...
Boring is probably mostly hardware with very little software.
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> It's $280.5 billion in revenue in 2019 put it above the GDP of Romania, Peru, Ukraine, etc. > Corporations should never be allowed to get this large. Or maybe we should convince a larger swath of humanity to unite behind an idea larger than "nationhood" or "my country".
A for-profit corporation seems like a terrible candidate for such a position.
In my country it is illegal not to subscribe to the state TV channel. The same cannot be said about Amazon Prime.