We are our choices. Build yourself a great story.
Jeff BezosRead
But there's so much kludge, so much terrible stuff, we are at the 1908 Hurley washing machine stage with the Internet. That's where we are. We don't get our hair caught in it, but that's the level of primitiveness of where we are. We're in 1908.
Interpretation
What this quote means
Bezos highlights the current limitations and primitive state of the Internet compared to its potential.
In this quote, Jeff Bezos compares the state of the Internet to the early days of technology, specifically referencing the 1908 Hurley washing machine. He suggests that, despite the advancements we've made, we are still operating at a rudimentary level with much inefficient and problematic technology that hampers our progress, emphasizing the need for further innovation and improvement in the digital landscape.
Themes
InternetTechnologyInnovationPrimitiveProgress
In practice
Example use cases
In a tech conference, discussing the future of digital innovation.
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Because, you know, resilience - if you think of it in terms of the Gold Rush, then you'd be pretty depressed right now because the last nugget of gold would be gone. But the good thing is, with innovation, there isn't a last nugget. Every new thing creates two new questions and two new opportunities.
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When you are eighty years old, and in a quiet moment of reflection narrating for only yourself the most personal version of your life story, the telling that will be most compact and meaningful will be the series of choices you have made. In the end, we are our choices.
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We've done price elasticity studies, and the answer is always that we should raise prices. We don't do that, because we believe -- and we have to take this as an article of faith -- that by keeping our prices very, very low, we earn trust with customers over time, and that that actually does maximize free cash flow over the long term.
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