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GeekWire

Amazon's new agenda

GeekWire

GeekWire

Technology, Tech News, News

4.4116 Ratings

🗓️ 15 April 2023

⏱️ 22 minutes

🧾️ Download transcript

Summary

Amazon CEO Andy Jassy's annual letter to shareholders this week delivered a dual message: while the company might not be done streamlining its operations, it's also not scaling back its ambitions for future growth.

Jassy outlined the company's strategy to expand further into generative artificial intelligence, healthcare, satellite broadband and other sectors, even as he hinted that the company might continue to cut costs in other areas.

He also made it clear the company isn’t backing down from its push to get employees back in the office for at least three days a week starting in May.

GeekWire's Todd Bishop and John Cook share some of their key takeaways from Jassy's shareholder letter and talk about the future of the tech giant on this episode of the GeekWire Podcast. Audio editing and production by Curt Milton.

See omnystudio.com/listener for privacy information.

Transcript

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0:00.0

There was a phrase that was missing from this letter. Off the top of your head, do you know what it was?

0:08.0

I don't think he said it's still day one. He did not. So it's day two.

0:17.4

Hello and welcome to GeekWire. I'm GeekWire co-founder Todd Bishop.

0:21.2

And I'm GeekWire co-founder John Cook. We've got a fun

0:24.3

show coming up for you today but first I wanted to remind everybody that the GeekWire

0:28.0

awards are coming up on May 18th. John I know that you and the events team have been working on a great show and people

0:35.4

can go to GeekWire.com slash awards to find out more and also voting is underway right now.

0:41.4

So definitely wanted to point folks to that and make sure

0:44.0

that they're aware not only of the event but the chance to vote for these awards.

0:48.7

Absolutely. We've got a great crew more than 50 companies and organizations up for awards this year, so it should be exciting.

0:55.1

Definitely, and coming up on a show in the coming weeks, John and I are going to be talking about some of the categories and

1:01.4

giving a little preview of the awards talking about what the different finalists in the various categories

1:06.8

signify about the state of the technology market and where things are headed in terms of trends.

1:12.8

spoiler alert, lot of AI.

1:14.9

Speaking of which, we're gonna be talking a little bit about AI today.

1:18.0

John, I wanted to ask you if you recognize

1:22.0

whose words these are to start us off here.

1:25.0

Missionaries build better products.

1:29.0

Failure and invention are inseparable twins.

1:34.0

Start with customers and work backwards.

1:37.0

Be kind, be original, create more than you consume,

1:40.7

and never, never let the universe smooth you into your surroundings.

...

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