Earlier quoted context omitted.
How about land? IP? Or a private company? Surely, only people that get issued options aren’t subject to a $1B max.
no need to set a max. Just set the marginal rate so high that earning (or, if a wealth tax, owning) more than some amount becomes pointless.
Email from Jeff Bezos to employees
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Re: Email from Jeff Bezos to employees
#362Re: Email from Jeff Bezos to employees
#363Earlier quoted context omitted.
How about land? IP? Or a private company? Surely, only people that get issued options aren’t subject to a $1B max.
no need to set a max. Just set the marginal rate so high that earning (or, if a wealth tax, owning) more than some amount becomes pointless.
Suppose I own land or a private company or a collection of copyrights that become very valuable. Who and how determines when it crosses the $1B threshold, and how am I brought under said threshold. What if the asset is not easily divisible?
Re: Email from Jeff Bezos to employees
#364Earlier quoted context omitted.
Yes, a bit of shakeup at the top. Jassy now CEO, Dave Clark stepping into Jeff Wilke's role as head of retail. I assume Charlie Bell will step up as head of AWS.
Listening to cbell rip someone apart in the weekly ops meeting while watching the #wtf peanut gallery whilst sipping my coffee are probably my fondest memories of working at AWS
I've got a project this year that I'm told is on his radar. I'm not terrified. I'm excited, because it means I have to deliver the best I am capable of and I'll get help to do it.
Re: Email from Jeff Bezos to employees
#365Earlier quoted context omitted.
A for-profit corporation seems like a terrible candidate for such a position.
Why it actually provides things people want and is based on voluntary interaction.
From a legal/ideological standpoint, this might be a powerful soft-pivot that would solve a lot of problems.
There's a famous line from Walt Disney, during Disney's golden age, where he said "we don't make movies so we can make money - we make money, so we can make movies". That really hits at the heart of it.
The interesting thing is that, to a large degree, most of the meaningful corporations that improve the world - despite nominally being for-profit companies, generally tend to operate halfways into public-benefit territory. Partly because the benefit provided by them is essentially what the owners are "buying for themselves". To put it in perspective - if you're an extravagantly wealthy patron who wants to - themselves - have animated films to watch, you can't just hire some off-the-shelf people to do it, because they don't exist unless an industry to train them, exists. There's not really a "more narrowly selfish" way to do it - you're best served by building some outfit like Disney to build a brain trust of people to produce what you want.
Similarly with Amazon; sure, an extravagantly wealthy individual could probably accomplish the shipping part of it with personal couriers, but the information-gathering part of it where all the products-available-to-buy are laid in front of you as choices would be nearly impossible to match. Like, you could try to match it with some awful, personal, potemkin setup. But by the time you put in all of that effort ... I mean, you're basically already building what could be a business that could serve others, so you may as well.
Re: Email from Jeff Bezos to employees
#366Earlier quoted context omitted.
> corporations are not democratic, and putting so much power in the hands of one person or a handful of people is dangerous to society. Citation needed. Democracy is not a sufficient nor even necessary requirement for prosperity or "good" in general.
Not really possible to give you a citation, it's an opinion, or a philosophy. If you have a different idea of an ideal society, we're not going to cite our way to an agreement.
Re: Email from Jeff Bezos to employees
#367Earlier quoted context omitted.
They must have turned off the redirect sometime in the past few years. diapers.com also used to land on amazon.com :)
Gotta hedge your bets, but I'm glad that I don't shop at diapers.com.
Re: Email from Jeff Bezos to employees
#368Come on man, that's just bs. From wikipedia:
> Researchers working at Bell Labs are credited with the development of radio astronomy, the transistor, the laser, the photovoltaic cell, the charge-coupled device (CCD), information theory, the Unix operating system, and the programming languages B, C, C++, S, SNOBOL, AWK, AMPL, and others. Nine Nobel Prizes have been awarded for work completed at Bell Laboratories.
Re: Email from Jeff Bezos to employees
#369> This journey began some 27 years ago. Amazon was only an idea, and it had no name. Jeff's pitch at the time (1997); so on point, so precise: https://www.youtube.com/watch?v=rWRbTnE1PEM > The question I was asked most frequently at that time was, “What’s the internet?” Blessedly, I haven’t had to explain that in a long while. Here's Jeff explaining the Internet (at a TED talk): https://www.youtube.com/watch?v=vMKNUy…
And here is the video from 1999 [1] showing his obsession with customer which is why customer support is in the DNA of Amazon 1. https://www.youtube.com/watch?v=vxwjzVW7z5o
For reference, I'm someone who hadn't used amazon (i'm in Australia, and I've just had no need). These holidays was my first real experience with the amazon brand and the amazon website.
What I saw was an incredibly user hostile site: reviews mashed together from all over the world, and you can't even be sure whether they're reviewing the right product or the seller. Search that doesn't work and you're never really sure what you're getting and from whom. I was searching for keyboard trays and it quickly became apparent various products were all the same but just re-labelled cheap chinese output.
When I went to check out, i had at least 3 dark patterns encountered where Amazon was directly trying to screw me: trying to trick me to sign up for prime, promising free shipping on the click but then default you out of it when you check out until you go searching for it, and continually spamming me with offers for whatever their streaming service is.
They weren't "customer first", they were actively customer hostile. I don't understand how this keeps getting repeated, unless their tech side is completely different from their consumer side...
Re: Email from Jeff Bezos to employees
#370> 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…
I doubt that he started out imagining he would build the world's biggest cloud hosting platform or open the first chain of checkoutless grocery stores.