Jeff Bezos’s second act
Recode Daily
Recode
4.6 • 1.3K Ratings
🗓️ 9 February 2021
⏱️ 8 minutes
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| 0:39.9 | Now that Jeff Bezos is leaving his role as Amazon CEO, everyone's wondering what the future holds |
| 0:45.1 | for one of the wealthiest people in the world. In fact, this move doesn't mean Bezos is stepping |
| 0:50.4 | out of the spotlight at all. It's actually more likely that his spotlight will just be getting larger. |
| 0:56.1 | Joining me to discuss this is recodes Teddy Schleifer. Hi, Teddy. Hey, so does this news about Bezos |
| 1:05.2 | mean less pressure on him overall or any less scrutiny? I think you could make a good argument |
| 1:10.5 | that scrutiny on Bezos himself is actually going to increase, even though he's no longer CEO |
| 1:17.3 | of Amazon. You know, this is somebody who has become a symbol in some ways of one extreme |
| 1:24.5 | and American capitalism. He's now the second wealthiest person in the world. I don't think that's |
| 1:28.4 | going to mean that much less scrutiny. But obviously, you know, some scrutiny is going to fade, right? |
| 1:33.2 | When Amazon is called up a testifying capital hill, it probably won't be Jeff Bezos who's going |
| 1:37.7 | to be there. It'll be a successor Andy Jassy. But Bezos is going to be under a lot of pressure |
| 1:44.5 | to do good for the world with this money, which is something that Bezos is going to have to navigate. |
| 1:50.6 | So I don't think he's fading from from public eye. He's going to be executive chairman of the |
| 1:55.4 | company. And now he's going to have to answer questions about him as a person in a way that he |
| 2:01.3 | has only really begun to over the last couple of years. Bezos actually has a reputation for not |
| 2:07.0 | sharing his money. He hasn't signed the giving pledge. He hasn't promised to give away all of his |
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