TechCheck Special Edition: The Andy Jassy Interview. An Exclusive Conversation With Amazon's New CEO– The Second In The Company's History– on Antitrust Pressures, the Labor Environment, Media Strategy & Much More

TechCheck

CNBC

Management, Cnbc, Tech, Faang, Investing, Business, Disruptors, Technology

4.5 • 66 Ratings

🗓️ 14 September 2021

⏱️ 43 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

On today’s special edition of TechCheck, we bring you Jon Fortt’s exclusive interview with Amazon CEO Andy Jassy. The interview kicks off with Jassy’s take on the antitrust pressures facing Amazon and Big Tech at large. Jassy also discusses Amazon’s e-commerce business, the pandemic’s impact on the company and the future of work. Next, Fortt covers the labor environment with Jassy after Former Amazon CEO Jeff Bezos set the tone in his last shareholder letter by writing “We are going to be earth’s best employer, and earth’s safest place to work.” We also hear about the moment when Bezos called Jassy and asked him to take the top position at Amazon. And later, Fortt covers Amazon’s artificial intelligence approach with Jassy and the company’s forward-looking media strategy. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Transcript

Click on a timestamp to play from that location

0:00.0	I'm John Fort. You're listening to CNVC's Tech Check. Our show is live weekdays at 11 a.m. Eastern. Listen in.
0:07.2	Our business is very different from Apple's business. We feel like we experience probably two to three years of growth in 18 months.
0:14.6	Jeff called me and asked me if I was interested. When you experience great voice apps, it makes tapping on an app so
0:22.5	circa 2005.
0:24.3	We won't compromise on it. Happy Tuesday, welcome to a special edition of Tech Check.
0:45.7	I'm John Fort with Carl King Tanya and Julia Borsden.
0:48.4	Today, the interview, our exclusive sit-down with Amazon CEO, Andy Jassy.
0:53.0	The challenges, pressures, and future for Amazon on almost every topic you can think of
0:58.0	and how he's approaching them as the new chief executive takes the reins from Jeff Bezos.
1:05.6	John, we can't wait for it.
1:07.1	Moments away, of course.
1:08.2	So we did open with a gain on the Dow, triple digits, at least
1:11.6	120 or so, but lost it and now down about 200, despite the cooler than expected CPI number,
1:17.8	which did give futures a bit of a bounce. We've got the Apple event, of course, in a couple of hours,
1:21.9	and we continue to monitor Gary Gensler on the Hill, John. Well, let's get right to it.
1:28.3	Andy Jassy, starting with antitrust, regulatory pressures from Washington,
1:31.9	the perception of Amazon as a monopoly, and a persistent question about the structure of AWS.
1:39.1	Okay, Andy Jassy, here we are again.
1:42.7	And now you're not the CEO of AWS.
1:47.1	You are the CEO of Amazon.
1:49.1	Congratulations.
1:50.5	And so is it any more likely than it's been the previous five or six times I've asked
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from CNBC, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of CNBC and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.