Jeff Bezos spends about as much time talking at business conferences as he does speaking to Wall Street investors - a few hours a year. Interviewed by technology journalist Walt Mossberg, the Amazon Inc chief executive officer spoke at Recode's Code conference Tuesday night about artificial intelligence, privacy on the internet, his goals with the Washington Post (Post), Amazon's ambitions in entertainment, and more.
Here are seven highlights from the interview:
1. Donald Trump's attempt to freeze media critics is 'not appropriate'
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2. Government surveillance is an 'issue of our age'
Internet companies are amassing enormous databases on people's habits and preferences, and governments want it. Amazon is on Apple's side of the government surveillance debate, Bezos said. On privacy, he said companies need to be more transparent about their collection of users' personal data. For example, Amazon makes an effort to greet customers by name. That way, "you know you are not anonymous on our site."
3. AI will have a massive impact on society in the next 20 years
Amazon has been working on artificial intelligence for four years, and now has more than 1,000 people working on that. Needless to say, the 52-year-old CEO thinks AI is a big deal. "It's probably hard to overstate how big of an impact it's going to have on society over next 20 years," he said. While computers are getting smarter, their brainpower is nowhere near as efficient as human's, he said. So, there's plenty of room to improve things for at least the next couple decades.
4. The Washington Post is well situated to be a powerful government watchdog
Bezos said he bought the newspaper because he wanted to make it into a more powerful national - and even global - publication, and that the Post was well situated to be a watchdog over the leaders of the world's most powerful country. "If it had been a financially upside-down salty snack food company, I would not have bought it," he said.
5. Amazon isn't trying to kill UPS
If you live in a major city, you've probably seen more trucks featuring Amazon's smiling, orange logo zipping around. The company has been expanding its logistics operations globally. At the same time, it's spending more with carriers, such as UPS and the US Postal Service, Bezos said. Amazon's goal isn't to replace those carriers; it wants to pick up the slack when delivery services can't handle the load, he said. Some places need more help than others. In the UK, for example, Amazon trucks support about half the company's deliveries, Bezos said. "We have had to take over a lot of the last-mile delivery in the UK over the past several years," he said. "The Royal Mail ran out of capacity at peak." In India, Amazon is doing most of the last-mile deliveries and opening more distribution centres.
6. Amazon Prime Video 'helps sell more shoes'
For Netflix, Amazon is a particularly complex competitor because their goals aren't the same. The way Bezos looks at streaming video: "It helps us sell more shoes," he said. "Prime members buy more." (One thing they won't be able to buy is an Apple TV. Bezos said Amazon won't carry the product because it doesn't have an Amazon Video app installed on it). The next industry that will have to worry about the Amazon effect is brick-and-mortar booksellers, such as Barnes & Nobles. Amazon has a bookstore in Seattle and plans to open another one in San Diego. Bezos said the company is testing ways to improve the "browsing" experience for books, while also catering to Prime customers. "We have a few experiments we are rolling out," he said. "We will probably open some more."
7. Gawker's opponents need a 'thick skin'
As a newspaper mogul and tech company CEO, Bezos offers a unique perspective on the issue that has captivated Silicon Valley since last week. Peter Thiel, a billionaire venture capitalist and entrepreneur, said he's been secretly financing Hulk Hogan and other plaintiffs suing Gawker Media LLC. Several tech titans came out to voice their support, calling the media- and celebrity-focused publication a bully. Bezos said he disagreed with Thiel's actions and that the billionaire needs to "develop a thick skin." Bezos said it's wrong to use money as a weapon against free speech. "Beautiful speech doesn't need protection," he said.