WEBVTT - Adam Selipsky

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<v Speaker 1>Hi everyone, I'm Emily Changan. Today we're bringing you an

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<v Speaker 1>interview from Seattle and a visit to Amazon Headquarters. Jeff

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<v Speaker 1>Bezo shocked the world when he stepped down as CEO

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<v Speaker 1>of Amazon, but less shocking was his choice for successor.

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<v Speaker 1>Andy Jassy wasn't only one of his longest tenure lieutenants,

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<v Speaker 1>but the architect of Amazon's multi billion dollar cloud business,

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<v Speaker 1>Amazon Web Services, a moonshot that helped transform Amazon into

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<v Speaker 1>not just e commerce but enterprise Jugger dot Jass then

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<v Speaker 1>needed to find his own successor, tapping a former colleague

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<v Speaker 1>who helped grow a WS in its earliest days but

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<v Speaker 1>had since left to run Seattle software giant Tableau his

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<v Speaker 1>job to continue the reinvention of a WS and in

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<v Speaker 1>turn Amazon. Joining me on this edition of Bloomberg Studio

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<v Speaker 1>one point oh with the view of the spheres from

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<v Speaker 1>Amazon Headquarters, New AWS CEO Adam Slipski. Adam, thank you

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<v Speaker 1>so much for Joe us. Thanks for having me. It's

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<v Speaker 1>great to be with you. It's great to be here

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<v Speaker 1>in front of the spheres and everything. Yes, are really

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<v Speaker 1>unique biospheres with the hundreds of engangent plants from around

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<v Speaker 1>the world. It's a really special place. You worked for

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<v Speaker 1>a WS for eleven years and then went on to

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<v Speaker 1>become CEO of Tableau Software in then you get a

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<v Speaker 1>call from Amazon to come back and run a WS

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<v Speaker 1>as CEO. Tell me about that call. Well, I was

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<v Speaker 1>having a one on one at at my prior company,

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<v Speaker 1>and my Apple News alerts went off like everybody else's did.

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<v Speaker 1>And a Jeff Bezos has taking on a new role,

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<v Speaker 1>and Andy Jason's taking on the CEO role of Amazon,

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<v Speaker 1>And of course Andy and I worked shoulder to shoulder

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<v Speaker 1>about twenty ft apart for eleven years, so of course

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<v Speaker 1>I reached out and congratulated him and we started talking

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<v Speaker 1>and um, you know, the conversation turned to just some

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<v Speaker 1>of the possibilities and next thing I know a little

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<v Speaker 1>while later, uh here I am back at Amazon, absolutely

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<v Speaker 1>the lie I didn't honor to be the CEO of

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<v Speaker 1>AWS and helping to shepherd this, uh this amazing business

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<v Speaker 1>for our customers in that process. Did you talk to

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<v Speaker 1>Jeff as well? I had some communication, but it was

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<v Speaker 1>you know, principally with Andyo. Of course was you knew

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<v Speaker 1>the A of U S business best and of course

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<v Speaker 1>was taking on the CEO role but yeah, there was

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<v Speaker 1>you know, contact as you might expect with a small

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<v Speaker 1>handful of other people. So what did Andy tell you

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<v Speaker 1>he wanted In the next chapter for a WS, Andy

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<v Speaker 1>reminded me nothing I needed reminding, but that it has

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<v Speaker 1>really still day one for AWS and for our customers.

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<v Speaker 1>It is still so early in this business, and we

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<v Speaker 1>shouldn't think that just because the business has grown rapidly, uh,

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<v Speaker 1>or just because we're currently the leader in the in

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<v Speaker 1>the cloud, uh, that it's anything close to mature. And

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<v Speaker 1>so he really reminded me that we have to stay

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<v Speaker 1>hungry innovate as quickly as we ever have done in

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<v Speaker 1>the past. You're about half a year into the job.

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<v Speaker 1>What changed while you were gone that surprised you? Well,

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<v Speaker 1>I think that's so many more customers have really adopted

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<v Speaker 1>the cloud and really decided that they're they're going all in. So,

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<v Speaker 1>I mean, it was a pretty decent sized business when

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<v Speaker 1>I left, but it's really grown and the customer base

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<v Speaker 1>has really expanded. And so now we have very deep

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<v Speaker 1>relationships at the CEO level, the ce IO level, across

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<v Speaker 1>every country, every industry, every use case, and we're regularly

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<v Speaker 1>interacting with the most senior people at our client organizations.

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<v Speaker 1>So you were working at real networks in the early

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<v Speaker 1>two thousands, and I understand you were offered a job

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<v Speaker 1>at AWS without even really knowing what it was. I

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<v Speaker 1>guess AWS was in stealth mode. It was very secret.

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<v Speaker 1>So it was it was, it was. It was hard

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<v Speaker 1>that you know, the company didn't want to talk too

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<v Speaker 1>much about it, but of course, you know, we had

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<v Speaker 1>to talk a certain amount about it. So the call

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<v Speaker 1>I got when something like, we have this initiative to

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<v Speaker 1>turn the guts of Amazon inside out and expose it

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<v Speaker 1>to other people, and it sounded intriguing, although I confessed

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<v Speaker 1>I didn't fully understand what that was all about. So

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<v Speaker 1>I can amen and started talking to Andy and a

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<v Speaker 1>few of the other senior leaders and eventually to Jeff,

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<v Speaker 1>and I would have to say that even by the

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<v Speaker 1>time I took the job, I thought, I mostly understand

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<v Speaker 1>what they're talking about, and it sounds like a good idea,

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<v Speaker 1>and I'm in. But I also was like, well, you know,

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<v Speaker 1>we'll just have to see how it goes and uh

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<v Speaker 1>and and you know, Amazon is a big, big place,

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<v Speaker 1>and so I think we've got a lot of a

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<v Speaker 1>lot of intent to succeed here. And that's the thing

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<v Speaker 1>that impressed me was Amazon really had the desire and

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<v Speaker 1>the intent and the belief that this could be a

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<v Speaker 1>really good business. AWS comes out of stealth mode and

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<v Speaker 1>is the first to market with a cloud infrastructure service

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<v Speaker 1>in two thousand and six. How important was that first

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<v Speaker 1>start and and do you think AWS still has an

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<v Speaker 1>advantage today because of that? I think the time to

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<v Speaker 1>market advantage that we had, which was probably honestly five

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<v Speaker 1>to seven years head start before other companies really started

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<v Speaker 1>to take this seriously, was an enormou Frankly, it was

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<v Speaker 1>um just one of the biggest things that happened to

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<v Speaker 1>us in the early years because at the beginning a

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<v Speaker 1>lot of people didn't get it. I would get asked

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<v Speaker 1>a lot at two thousand and six, so what does

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<v Speaker 1>this have to do with selling books? And I even

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<v Speaker 1>had to slide with the kind of a pile of

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<v Speaker 1>books on it and a question mark next to it,

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<v Speaker 1>and the answer was, it has nothing to do with

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<v Speaker 1>selling books. But the technology which enables us to sell books,

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<v Speaker 1>being global, being at a massive scale, being secure, being

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<v Speaker 1>low cost, being highly performant. All that technology has everything

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<v Speaker 1>to do with offering these types of services. Externally. Now

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<v Speaker 1>AWS isn't a scrappy startup anymore, and you do have

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<v Speaker 1>big rivals. Even though AWS is still the leader, Microsoft

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<v Speaker 1>and Google are big rivals. How do you make sure

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<v Speaker 1>that being big doesn't slow you down. It's a great

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<v Speaker 1>question because we are currently the leader, and I mean

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<v Speaker 1>depending on which you know, third party, you you you

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<v Speaker 1>look at, we're probably a little bit more than twice

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<v Speaker 1>as big as as as number two. And it's really

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<v Speaker 1>important to continue to act as if you know, we're

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<v Speaker 1>insurgents and to be insurgents and not to start to

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<v Speaker 1>act like incumbents. And I like to talk about actually

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<v Speaker 1>managing the business. We want our senior leaders to be

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<v Speaker 1>managing product and managing customers. And I think as you

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<v Speaker 1>get bigger and you put more and more layers into

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<v Speaker 1>your company, it's it's all too frequent that you start

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<v Speaker 1>managing math, you start managing ratios and percentages and growth,

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<v Speaker 1>and I think it's it's a real disease if you

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<v Speaker 1>if you stray away from really focusing in a deep

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<v Speaker 1>way on the product you're building and in a deep

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<v Speaker 1>way on what your customers are telling you. And so

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<v Speaker 1>we try and organize both with our org structure as

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<v Speaker 1>well as just with with our culture and what we

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<v Speaker 1>choose to focus on, and really making sure that everybody

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<v Speaker 1>is thinking about one or both of those two things,

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<v Speaker 1>product and customers. And if you keep even the most

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<v Speaker 1>senior leaders engaged at that level, then all of a sudden,

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<v Speaker 1>you you maintain the urgency and you keep acting like

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<v Speaker 1>an insurgent. We got to feel that urgency every day,

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<v Speaker 1>So keep acting like an insurgent. That's the motto. Absolutely,

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<v Speaker 1>and structure yourself and build a culture that allows you

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<v Speaker 1>to It's one thing to say it, but it's easy

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<v Speaker 1>to say it, but it's much harder to put in

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<v Speaker 1>place enabling mechanisms that enable you to do so. And

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<v Speaker 1>we focus a lot of effort on those mechanisms. Now, um,

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<v Speaker 1>do you think the cloud keeps getting bigger and that

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<v Speaker 1>AWS and Microsoft and Google just get bigger pieces of

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<v Speaker 1>an ever expanding pie, or at some point does it

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<v Speaker 1>become a zero sum game and that fight for market

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<v Speaker 1>share becomes more brutal and more bloody. Well, this is

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<v Speaker 1>a very large market segment. And if you look at

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<v Speaker 1>global I T spend, it's it's in the trillions of dollars.

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<v Speaker 1>I've seen estimates like three trillion dollars, doesn't really matter

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<v Speaker 1>how many trillions it is. It's very, very large. And

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<v Speaker 1>we've always believed that this was too good a market

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<v Speaker 1>segment opportunity for the really to only be one winner.

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<v Speaker 1>And sure enough you've seen robust competition emerge and we

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<v Speaker 1>all compete vigorously, but uh, it is the segment is

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<v Speaker 1>just growing so rapid Leah, that I think, uh, really,

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<v Speaker 1>for us, we believe that you know, the winning business

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<v Speaker 1>strategy for a long time to come, and I would

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<v Speaker 1>maintain forever is to focus not on the competitors, but

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<v Speaker 1>to focus maniacally on customers and wake up every day

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<v Speaker 1>understanding exactly what it is that they need us to

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<v Speaker 1>build next, and then work backwards from there, back internally

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<v Speaker 1>to how can we build those things? And if we

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<v Speaker 1>if we do the best job at building the most

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<v Speaker 1>quickly the things that are most important for our customers,

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<v Speaker 1>then I'm really not worried about what the competitors will do.

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<v Speaker 1>This is my conversation with Adam Selipski, CEO of AWS,

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<v Speaker 1>coming up insight into the newly minted CEOs relationship with

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<v Speaker 1>Amazon CEO Andy Jasey and Amazon founder Jeff Bezos also

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<v Speaker 1>an update on an AWS investigation into allegations of discrimination

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<v Speaker 1>and bias at the company. I'm Emily Jang. This is

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<v Speaker 1>Bloomberg Studio at one point. Oh, stay with us. You

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<v Speaker 1>worked ten feet away from Andy Jase in the early days.

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<v Speaker 1>Tell us something about the Amazon CEO that no one

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<v Speaker 1>knows but you. You're gonna get me in trouble. We

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<v Speaker 1>has you know, I grew up in Seattle, and uh

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<v Speaker 1>Andy coming from New York has this fascination I don't

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<v Speaker 1>understand with with New York sports teams. So I've had

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<v Speaker 1>to endure that for that for a lot of years.

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<v Speaker 1>Uh new Yorkers. Yeah, so what are you gonna do?

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<v Speaker 1>Although he's you know, he's he's I think, come, come,

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<v Speaker 1>come to adopt you know, some of the Seattle teams,

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<v Speaker 1>particularly the new hockey team, the crack in here as

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<v Speaker 1>he should exactly. Um So, how do you expect Andy

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<v Speaker 1>will be different from Jeff or how has Andy already

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<v Speaker 1>been different from Jeff? Well? I think you know, we're

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<v Speaker 1>all different as leaders. Um, I think it's all important

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<v Speaker 1>that we it's it's important that we all bring our

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<v Speaker 1>own stamp to it and and operate within ourselves. Uh

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<v Speaker 1>I don't think I would be a very good Andy. Uh.

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<v Speaker 1>I don't want to presume, but I would assume that

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<v Speaker 1>Andy would wouldn't be a great Jeff because you know,

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<v Speaker 1>Jeff's Jeff. Andy's Andy and UH and I'm me. So

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<v Speaker 1>I think that uh Andy will certainly bring a great

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<v Speaker 1>depth of experience from AWS, which is, you know, one

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<v Speaker 1>important part of the business, and uh will having operated

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<v Speaker 1>that business for so long, and I expect that will

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<v Speaker 1>also give him an opportunity although he was involved in

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<v Speaker 1>other parts of Amazon, certainly for for for a number

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<v Speaker 1>of years. Uh, we'll be able to bring a fresh

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<v Speaker 1>perspective to the whole company, just as I hope to

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<v Speaker 1>bring to AWS. And I think that fresh perspective is

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<v Speaker 1>often helpful. I think, uh, just the mere act of

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<v Speaker 1>change is useful for for the business, for customers, for employees,

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<v Speaker 1>and just to shake things up a little bit. So

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<v Speaker 1>I think, just a fresh perspective. How will you be

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<v Speaker 1>different from Andy? Well, I think that the world around

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<v Speaker 1>this is changing so so much that we're going to

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<v Speaker 1>have to be different. It doesn't matter what we did

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<v Speaker 1>yesterday and right after I joined, we actually added to

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<v Speaker 1>new leadership principles, which is very exciting ones around striving

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<v Speaker 1>to be Earth's best employer, and the second around focusing

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<v Speaker 1>on the fact that that success and scale bring broad responsibility.

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<v Speaker 1>And those are things about which I personally am very passionate,

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<v Speaker 1>and so I really personally look forward to digging in

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<v Speaker 1>and helping the company to figure out what are those

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<v Speaker 1>things that we have to figure out where can we

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<v Speaker 1>innovate to to be Earth's best employer? And then also

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<v Speaker 1>to figure out externally, what can we do to to

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<v Speaker 1>really be great citizens of our local communities, to be

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<v Speaker 1>great citizens of our national communities, and to be great

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<v Speaker 1>citizens of the global community. And I'm I'm I care

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<v Speaker 1>a lot about those things, as a lot of other

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<v Speaker 1>people do here, but I plan to put a good

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<v Speaker 1>amount of energy and time and folk because hopefully help

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<v Speaker 1>Amazon innovating all of those areas. How closely do you

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<v Speaker 1>work with Andy day to day? Does he, you know,

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<v Speaker 1>regularly weigh in on AWS decisions or not? Uh? Well,

0:12:10.760 --> 0:12:13.840
<v Speaker 1>he's he's got a pretty broad scope of things to

0:12:13.840 --> 0:12:16.480
<v Speaker 1>worry about now, so he's got a pretty uh, pretty

0:12:16.480 --> 0:12:19.600
<v Speaker 1>intense day job, I believe. Uh So he's really folkused

0:12:19.600 --> 0:12:21.640
<v Speaker 1>across the company as you would expect him to be.

0:12:21.720 --> 0:12:24.920
<v Speaker 1>But that being said, obviously AWS remains an important part

0:12:24.920 --> 0:12:27.719
<v Speaker 1>of Amazon, and so we touch based regularly, be it

0:12:28.040 --> 0:12:30.840
<v Speaker 1>in person or you know, via email, just on the

0:12:30.880 --> 0:12:33.200
<v Speaker 1>most important things going on in the business. Does Jeff

0:12:33.200 --> 0:12:36.440
<v Speaker 1>ever weigh in on AWS decisions? Yes, I mean really

0:12:36.440 --> 0:12:38.959
<v Speaker 1>from the beginning, Jeff was involved at the very very

0:12:39.000 --> 0:12:42.680
<v Speaker 1>beginning at some of the most fundamental decisions. How do

0:12:42.679 --> 0:12:44.720
<v Speaker 1>you price e C? Two? You know, what do you

0:12:44.840 --> 0:12:49.240
<v Speaker 1>name as three? What does the detailed page look like? Obviously,

0:12:49.600 --> 0:12:54.920
<v Speaker 1>over time, um, we the business grew, and but at

0:12:54.920 --> 0:12:58.679
<v Speaker 1>this Jeff was always available when we needed him. And uh,

0:12:58.760 --> 0:13:01.199
<v Speaker 1>I certainly anticipate that will be the same going forward.

0:13:01.240 --> 0:13:03.199
<v Speaker 1>So is he still available now and what do you

0:13:03.480 --> 0:13:06.959
<v Speaker 1>what do you understand that jeff priorities are well, let's

0:13:07.040 --> 0:13:08.959
<v Speaker 1>let's just speak to his own priorities. But but but certainly

0:13:09.040 --> 0:13:12.200
<v Speaker 1>Jeff has been available when Uh. For example, we've been

0:13:12.240 --> 0:13:15.080
<v Speaker 1>doing our our our annual planning cycle, as many companies have,

0:13:15.200 --> 0:13:18.480
<v Speaker 1>and it's been great to have have have Jeff, you know,

0:13:18.559 --> 0:13:20.800
<v Speaker 1>weigh in on really and where we're heading for the

0:13:20.840 --> 0:13:23.080
<v Speaker 1>next year and beyond, and to just make sure it's

0:13:23.120 --> 0:13:25.160
<v Speaker 1>easy to get focused on the details of the business

0:13:25.200 --> 0:13:28.040
<v Speaker 1>and it's it's great to have multi multiple people who

0:13:28.040 --> 0:13:29.880
<v Speaker 1>can help you pick your eyes up a little bit.

0:13:29.960 --> 0:13:32.640
<v Speaker 1>Now you joined AWS in the middle of a pandemic,

0:13:32.679 --> 0:13:34.240
<v Speaker 1>you came back to a w S in the middle

0:13:34.240 --> 0:13:37.440
<v Speaker 1>of a pandemic that's hopefully moving into the rear view mirror.

0:13:37.760 --> 0:13:41.400
<v Speaker 1>Maderna is one of AWSS biggest customers. If it weren't

0:13:41.440 --> 0:13:44.000
<v Speaker 1>for the cloud, if it weren't for a WS, would

0:13:44.040 --> 0:13:46.560
<v Speaker 1>we have had a vaccine as quickly as we did,

0:13:47.840 --> 0:13:49.920
<v Speaker 1>I've got to tell you, But it's been an absolute

0:13:49.920 --> 0:13:52.920
<v Speaker 1>privilege to for us to work with Maderna because what

0:13:52.960 --> 0:13:57.200
<v Speaker 1>they're doing, obviously is literally life saving, and they've been

0:13:57.240 --> 0:14:01.640
<v Speaker 1>so innovative and so creative. So Darna took a drug

0:14:01.640 --> 0:14:04.480
<v Speaker 1>development process to get to the to a vaccine candidate.

0:14:04.840 --> 0:14:07.920
<v Speaker 1>That process would typically have taken them twenty months, and

0:14:08.000 --> 0:14:11.040
<v Speaker 1>doing that on a WS and conjunction with all the

0:14:11.040 --> 0:14:14.240
<v Speaker 1>the innovation on their side, reduced that twenty months to

0:14:14.440 --> 0:14:18.439
<v Speaker 1>forty two days. Forty two days to get the the

0:14:18.559 --> 0:14:21.120
<v Speaker 1>vaccine candidate, the m m R and a vaccine candidate

0:14:21.120 --> 0:14:26.080
<v Speaker 1>for for COVID nineteen and UH. That was really um

0:14:26.320 --> 0:14:29.320
<v Speaker 1>running on on running multiple parts in moderna on a

0:14:29.480 --> 0:14:31.680
<v Speaker 1>w S. So, uh, if you look at the drug

0:14:31.720 --> 0:14:35.360
<v Speaker 1>design part, they had their their drug design studio running

0:14:35.360 --> 0:14:38.840
<v Speaker 1>on AWS all the way to manufacturing with the new

0:14:38.880 --> 0:14:42.920
<v Speaker 1>digitized manufacturing that they call their their digital Manufacturing platform.

0:14:43.280 --> 0:14:45.800
<v Speaker 1>So it's really end to end and the ability to

0:14:46.280 --> 0:14:49.880
<v Speaker 1>use massive amounts of resources and to pick the exact

0:14:50.240 --> 0:14:53.480
<v Speaker 1>type of service and capability for for for each part

0:14:53.480 --> 0:14:55.960
<v Speaker 1>of the job, and and and to really bring the

0:14:56.040 --> 0:14:58.800
<v Speaker 1>full set of resources to bear in addition to not

0:14:58.880 --> 0:15:01.160
<v Speaker 1>having to focus on the in the infrastructure and the

0:15:01.200 --> 0:15:04.440
<v Speaker 1>technology and rather letting you know, moderna focus on on

0:15:04.480 --> 0:15:08.400
<v Speaker 1>the all important job of drug discovery. So working in partnership,

0:15:09.000 --> 0:15:12.400
<v Speaker 1>it was was just magnificent to uh, to see what

0:15:12.440 --> 0:15:15.200
<v Speaker 1>they accomplished. Since you joined a WS, a number of

0:15:15.440 --> 0:15:18.160
<v Speaker 1>long time AW left S leaders have moved on to

0:15:18.280 --> 0:15:23.560
<v Speaker 1>Microsoft to strive to Tableau. Does that concern you, Well, actually,

0:15:24.000 --> 0:15:26.920
<v Speaker 1>retention has has been very good. If you you mentioned

0:15:27.120 --> 0:15:30.040
<v Speaker 1>the senior leaders. If if you look at the VP

0:15:30.160 --> 0:15:34.080
<v Speaker 1>plus ranks, the VP and above ranks at Amazon, the

0:15:34.120 --> 0:15:37.520
<v Speaker 1>average tenures is over a decade, over ten years, so

0:15:37.560 --> 0:15:42.120
<v Speaker 1>that's actually very very strong retention. So of course you're

0:15:42.120 --> 0:15:44.400
<v Speaker 1>always going to have some level of people coming and

0:15:44.400 --> 0:15:46.920
<v Speaker 1>people going and at the end of the day, that's

0:15:46.920 --> 0:15:49.320
<v Speaker 1>actually healthy for the business. You want new perspectives to

0:15:49.360 --> 0:15:52.320
<v Speaker 1>come in, of course, in the right proportion. Amazon has

0:15:52.440 --> 0:15:56.720
<v Speaker 1>opened an investigation after five fifty employees supported a petition

0:15:57.840 --> 0:16:03.000
<v Speaker 1>claiming a culture of discrimination, harassment, bullying, and bias. What's

0:16:03.040 --> 0:16:07.440
<v Speaker 1>the status of this, Well, we are incredibly focused and

0:16:07.480 --> 0:16:11.160
<v Speaker 1>I personally believe it's incredibly important to really have a

0:16:10.840 --> 0:16:17.000
<v Speaker 1>a very diverse, inclusive, and equable environment and we're going

0:16:17.080 --> 0:16:20.880
<v Speaker 1>to uh make sure that whatever it takes that we've

0:16:20.880 --> 0:16:23.800
<v Speaker 1>got that. So we believe that we're really doing a

0:16:23.800 --> 0:16:27.800
<v Speaker 1>lot of things to uh to deliver on that. And

0:16:27.840 --> 0:16:30.920
<v Speaker 1>I've got a lot of innovative efforts around bringing in

0:16:30.960 --> 0:16:33.520
<v Speaker 1>a diverse workforce, which we have to have both because

0:16:34.440 --> 0:16:37.440
<v Speaker 1>we're gonna serve our customers best they're diverse, we have

0:16:37.480 --> 0:16:40.080
<v Speaker 1>to match that diversity. And also I just believe it's

0:16:40.080 --> 0:16:42.400
<v Speaker 1>our responsibility and it's the right thing to do. Any

0:16:42.520 --> 0:16:46.880
<v Speaker 1>time there is any possibility that things are not something

0:16:46.960 --> 0:16:48.480
<v Speaker 1>is not gone the way we wanted to, we're going

0:16:48.520 --> 0:16:50.960
<v Speaker 1>to investigate it thoroughly. That's what we're in the middle

0:16:50.960 --> 0:16:53.080
<v Speaker 1>of doing in this case, and we'll make sure that

0:16:53.360 --> 0:16:56.240
<v Speaker 1>we're operating in a way that's consistent with our values

0:16:56.360 --> 0:16:58.800
<v Speaker 1>and and that's that's always the only goal. If you

0:16:58.840 --> 0:17:01.720
<v Speaker 1>could rewind to the W two thousands, the earliest days

0:17:01.800 --> 0:17:04.080
<v Speaker 1>of of a WS, is there anything you would have

0:17:04.080 --> 0:17:07.679
<v Speaker 1>done differently to build an inclusive culture, to start with

0:17:07.720 --> 0:17:10.640
<v Speaker 1>a more inclusive culture, to make sure that it didn't

0:17:10.640 --> 0:17:15.720
<v Speaker 1>become a you know, a boys club. Uh, well, I

0:17:15.119 --> 0:17:18.159
<v Speaker 1>I I don't think that's what we have. Um. I

0:17:18.200 --> 0:17:23.199
<v Speaker 1>think that we do have a really fun, exciting innovation

0:17:23.359 --> 0:17:27.440
<v Speaker 1>led an inclusive culture. And that being said, these are

0:17:27.480 --> 0:17:29.800
<v Speaker 1>hard problems. You know, we I think We've done a lot,

0:17:29.840 --> 0:17:31.760
<v Speaker 1>but we we are nowhere close to where we need

0:17:31.800 --> 0:17:35.920
<v Speaker 1>to be. We're gonna be restless and dissatisfied with our

0:17:35.960 --> 0:17:38.919
<v Speaker 1>our progress on d E and I, just as we

0:17:38.920 --> 0:17:41.160
<v Speaker 1>are with every other part of our part of our business.

0:17:44.200 --> 0:17:48.000
<v Speaker 1>You're listening to my conversation with a WS CEO Adam Salipsky.

0:17:48.119 --> 0:17:51.120
<v Speaker 1>Up next, how AWS is navigating some of the most

0:17:51.240 --> 0:17:55.520
<v Speaker 1>challenging issues in corporate America from privacy to security. And

0:17:55.800 --> 0:17:58.640
<v Speaker 1>we look into the future, will Amazon have a role

0:17:58.720 --> 0:18:02.480
<v Speaker 1>in the metaverse. I'm Emily Chang. This is Bloomberg Studio

0:18:02.480 --> 0:18:16.840
<v Speaker 1>at one point. Oh, stay with us. A WS has

0:18:16.880 --> 0:18:21.320
<v Speaker 1>the biggest trove of sensitive corporate data in the world.

0:18:22.000 --> 0:18:24.359
<v Speaker 1>I'm curious how you think about the balance between data

0:18:24.400 --> 0:18:28.760
<v Speaker 1>and privacy and freedom and civil liberties in the modern era.

0:18:28.880 --> 0:18:31.720
<v Speaker 1>I mean, there are governments, there are nation states around

0:18:31.720 --> 0:18:34.920
<v Speaker 1>the world that want that information. Hackers and criminals want

0:18:34.960 --> 0:18:38.400
<v Speaker 1>that information. Well, we're very clear to start with that

0:18:39.240 --> 0:18:42.280
<v Speaker 1>our first job is security. We often say security is

0:18:42.359 --> 0:18:45.880
<v Speaker 1>job zero. It was on the first page of our

0:18:45.960 --> 0:18:48.960
<v Speaker 1>of our operating plan pretty much every year, every year

0:18:49.000 --> 0:18:51.199
<v Speaker 1>that I can remember. But what about when governments requests

0:18:51.200 --> 0:18:55.280
<v Speaker 1>that information so subpoena that information. Sure, well, we are

0:18:55.359 --> 0:18:58.600
<v Speaker 1>very clear that our customers data is their data, so

0:18:58.640 --> 0:19:01.880
<v Speaker 1>the data belongs to our customers. Not everybody operates that way.

0:19:01.920 --> 0:19:04.440
<v Speaker 1>We we are not going to look at customers data.

0:19:04.520 --> 0:19:06.920
<v Speaker 1>We are not going to compete against our customers using

0:19:06.920 --> 0:19:11.800
<v Speaker 1>their data. Their data is their data. And furthermore, we

0:19:11.880 --> 0:19:15.520
<v Speaker 1>have all sorts of architectural best practices that our customers

0:19:15.720 --> 0:19:19.760
<v Speaker 1>should be and are using for any sensitive data and

0:19:19.760 --> 0:19:22.640
<v Speaker 1>and so a lot of that really relies around encryption.

0:19:23.400 --> 0:19:27.560
<v Speaker 1>And so we built a lot of different encryption capabilities

0:19:27.560 --> 0:19:31.119
<v Speaker 1>so that any sensitive data and which could leak for

0:19:31.160 --> 0:19:33.400
<v Speaker 1>any reason, be to a government, be it to a hack,

0:19:33.480 --> 0:19:37.879
<v Speaker 1>or be it to anyone else, any form of security breach,

0:19:38.240 --> 0:19:41.119
<v Speaker 1>that it's encrypted and useless to anybody else. Given the

0:19:41.119 --> 0:19:44.760
<v Speaker 1>the the broad array of encryption solutions that we that

0:19:44.800 --> 0:19:50.360
<v Speaker 1>we provide, it's actually very doable and powerful for our

0:19:50.359 --> 0:19:53.560
<v Speaker 1>customers to to safeguard their data. That way, Mark Zuckerberg

0:19:54.000 --> 0:19:57.359
<v Speaker 1>is making a big bet on the metaverse. Is AWS

0:19:57.359 --> 0:19:59.720
<v Speaker 1>going to have a role in the metaverse? I think

0:19:59.720 --> 0:20:01.920
<v Speaker 1>a but yes, already has a big role in the metaverse.

0:20:02.000 --> 0:20:04.399
<v Speaker 1>So I think the cloud enables the metaverse. So if

0:20:04.440 --> 0:20:09.480
<v Speaker 1>you if you think about all of the compute capacity,

0:20:09.520 --> 0:20:12.840
<v Speaker 1>all of the storage, all of the machine learning which

0:20:12.880 --> 0:20:17.720
<v Speaker 1>is required to create compelling and delightful end user experiences

0:20:17.760 --> 0:20:20.280
<v Speaker 1>in the metaverse, a lot of that is already today

0:20:20.400 --> 0:20:24.000
<v Speaker 1>running on AWS. So um, if you take Epic Games

0:20:24.040 --> 0:20:27.720
<v Speaker 1>for example, so Epic runs Fortnite, you know, massively popular game,

0:20:28.560 --> 0:20:33.880
<v Speaker 1>fifty million users worldwide, and Epic runs almost everything on AWS,

0:20:33.920 --> 0:20:36.760
<v Speaker 1>from the back end servers to the analytics and and

0:20:36.800 --> 0:20:39.280
<v Speaker 1>everything in between. So I think that's a great example

0:20:39.280 --> 0:20:41.120
<v Speaker 1>of the of the metaverse at work and all that's

0:20:41.160 --> 0:20:44.960
<v Speaker 1>happening today on aws and we participate. That's only gonna

0:20:45.240 --> 0:20:48.040
<v Speaker 1>grow really rapidly in the future. How big do you

0:20:48.119 --> 0:20:51.560
<v Speaker 1>think it's going to be? Uh? Such an interesting sentence.

0:20:51.560 --> 0:20:54.560
<v Speaker 1>The metaverse is real and yet it's virtual at the

0:20:54.600 --> 0:20:58.080
<v Speaker 1>same time. I think that if we continue to do

0:20:58.080 --> 0:21:00.040
<v Speaker 1>do what we've always done, which is to provide a

0:21:00.119 --> 0:21:04.919
<v Speaker 1>technology platform that allows organizations to transform, then these gaming

0:21:04.920 --> 0:21:08.800
<v Speaker 1>and entertainment and social media and other other companies will

0:21:08.840 --> 0:21:10.399
<v Speaker 1>be able to do what they do best, which is

0:21:10.560 --> 0:21:13.479
<v Speaker 1>focus on innovating on behalf of their end users. And

0:21:13.520 --> 0:21:16.440
<v Speaker 1>I think that the metaverse and in many other areas,

0:21:16.440 --> 0:21:20.000
<v Speaker 1>will will will be rich with inventions. So this next

0:21:20.040 --> 0:21:23.399
<v Speaker 1>conversation will have will happen in the spheres in the metaverse.

0:21:23.560 --> 0:21:26.119
<v Speaker 1>That that's where we'll next meet That that could be

0:21:26.560 --> 0:21:29.639
<v Speaker 1>I'll meet you in the metaverse, all right, see you there. Now.

0:21:29.800 --> 0:21:33.080
<v Speaker 1>I know that climate change, you know, and stopping climate

0:21:33.160 --> 0:21:35.480
<v Speaker 1>change and your data center footprint is a big passion

0:21:35.560 --> 0:21:39.200
<v Speaker 1>of yours. How fast will Amazon's data centers get to

0:21:39.280 --> 0:21:44.280
<v Speaker 1>carbon neutral? Amazon is already the largest purchaser of renewable

0:21:44.359 --> 0:21:49.400
<v Speaker 1>energy in the world, and we're we intend to be

0:21:50.320 --> 0:21:55.560
<v Speaker 1>renewable energy by the we originally said we actually accelerated

0:21:55.560 --> 0:21:58.760
<v Speaker 1>that by five years. And that's part of our our

0:21:58.960 --> 0:22:03.120
<v Speaker 1>broader Climate Ledge that Amazon created and to which we've

0:22:03.160 --> 0:22:05.720
<v Speaker 1>now gotten two hundred other organizations to sign on to.

0:22:06.680 --> 0:22:10.240
<v Speaker 1>And uh, the Climate Pledge is to be uh nets

0:22:10.320 --> 0:22:13.879
<v Speaker 1>or a carbon by ten years ahead of the Paris

0:22:13.880 --> 0:22:16.080
<v Speaker 1>of Court targets. So we know how to do some

0:22:16.119 --> 0:22:18.400
<v Speaker 1>of that. Other part are going to require invention, but

0:22:18.520 --> 0:22:20.240
<v Speaker 1>we really look forward to it and I think it's

0:22:20.280 --> 0:22:22.480
<v Speaker 1>it's it's uh, it's one of the most important things

0:22:22.480 --> 0:22:25.000
<v Speaker 1>we can do for the for our generation. Amazon count

0:22:25.080 --> 0:22:28.480
<v Speaker 1>some of the biggest oil and gas producers as its customers.

0:22:28.760 --> 0:22:31.680
<v Speaker 1>Isn't that a contradiction should you be kicking them off

0:22:31.760 --> 0:22:36.560
<v Speaker 1>your platforms? Those customers are trying to get to sustainable

0:22:37.160 --> 0:22:41.800
<v Speaker 1>business models, which rely on a new energy sources, and

0:22:42.680 --> 0:22:45.200
<v Speaker 1>so many of those customers are figuring out how do

0:22:45.280 --> 0:22:46.800
<v Speaker 1>they get to win, how do they get to solar,

0:22:47.000 --> 0:22:51.000
<v Speaker 1>how do they get into batteries? Uh, all new business

0:22:51.000 --> 0:22:54.600
<v Speaker 1>models relying on renewable energy, and I think rather than

0:22:54.640 --> 0:22:58.360
<v Speaker 1>abandoning them and having them uh maybe dig in more

0:22:58.560 --> 0:23:02.159
<v Speaker 1>on on fossil fuel, if we can enable them to

0:23:02.160 --> 0:23:04.720
<v Speaker 1>to move faster, to be more innovative and to be

0:23:04.800 --> 0:23:10.359
<v Speaker 1>more agile in figuring out new business models, new technical solutions, experimenting,

0:23:10.640 --> 0:23:13.720
<v Speaker 1>failing fast and moving on to the next next idea.

0:23:14.040 --> 0:23:16.920
<v Speaker 1>Then the whole world will get to to the renewable

0:23:17.000 --> 0:23:20.639
<v Speaker 1>energy solutions that we need. At this year's Reinvent conference,

0:23:20.800 --> 0:23:23.240
<v Speaker 1>it'll be the first time that Andy Chassie is not

0:23:23.440 --> 0:23:27.520
<v Speaker 1>giving the keynote. You will be give us a preview.

0:23:27.800 --> 0:23:29.480
<v Speaker 1>What can we expect to hear? We're gonna have a

0:23:29.520 --> 0:23:32.920
<v Speaker 1>lot of really exciting announcements. So I think across our

0:23:33.000 --> 0:23:35.919
<v Speaker 1>service portfolio you'll see that we have a lot of

0:23:35.960 --> 0:23:39.960
<v Speaker 1>exciting partner announcements. Partner ecosystem still remains to this day

0:23:40.040 --> 0:23:42.600
<v Speaker 1>so important to what a WS is doing, and we

0:23:42.680 --> 0:23:45.560
<v Speaker 1>have some great announcements lined up for that. Uh. And

0:23:45.600 --> 0:23:49.440
<v Speaker 1>then I think people are gonna wanna see that we're

0:23:49.440 --> 0:23:52.879
<v Speaker 1>making it easier and easier for them to consume the

0:23:52.960 --> 0:23:55.040
<v Speaker 1>cloud and to work with AWS. And so we're going

0:23:55.080 --> 0:23:59.520
<v Speaker 1>to continue to in addition to building more powerful basic capabilities,

0:23:59.680 --> 0:24:01.760
<v Speaker 1>we're continue to make it easier and easier in a

0:24:01.840 --> 0:24:05.240
<v Speaker 1>variety of ways to interact with AWS. Adam Selipsky, CEO

0:24:05.280 --> 0:24:06.840
<v Speaker 1>of a w S, thank you so much for joining

0:24:06.880 --> 0:24:09.119
<v Speaker 1>us on this edition of the show. Thank you, Emily,

0:24:09.119 --> 0:24:14.879
<v Speaker 1>I appreciate it. Bloomberg Studio at one point I was

0:24:14.920 --> 0:24:18.360
<v Speaker 1>produced by Lauren Ellis. Our managing editor is Daniel Culbert Soup,

0:24:18.600 --> 0:24:22.399
<v Speaker 1>with production assistance from Mallorie Abelhausen and Matt Tomlin. If

0:24:22.440 --> 0:24:24.399
<v Speaker 1>you like our show, please share it or write a

0:24:24.400 --> 0:24:27.639
<v Speaker 1>review wherever you get your podcasts. And I'd like to

0:24:27.680 --> 0:24:30.520
<v Speaker 1>thank our longtime producer and editor Kevin Hines for his

0:24:30.600 --> 0:24:33.879
<v Speaker 1>incredible work on so many episodes of this show. We

0:24:33.960 --> 0:24:37.520
<v Speaker 1>will miss you. I'm Emily Changing, your host and executive producer.

0:24:37.840 --> 0:24:38.800
<v Speaker 1>This is Bloomberg