1 00:00:00,120 --> 00:00:02,440 Speaker 1: We have been employees of Amazon for like a week, 2 00:00:02,800 --> 00:00:05,360 Speaker 1: but they had still not told us anything. They said, no, 3 00:00:05,440 --> 00:00:07,680 Speaker 1: we have to tell you in a closed room. So 4 00:00:07,960 --> 00:00:10,760 Speaker 1: we all got in the room together. They closed the door, 5 00:00:11,080 --> 00:00:14,480 Speaker 1: locked the door, put paper over the window in the door. 6 00:00:15,200 --> 00:00:20,040 Speaker 1: It was very hush hush, and then they said, imagine 7 00:00:20,120 --> 00:00:23,360 Speaker 1: something the size of a coke can and people will 8 00:00:23,360 --> 00:00:25,480 Speaker 1: be able to talk to it. And we thought, the 9 00:00:25,480 --> 00:00:29,360 Speaker 1: technology isn't there yet, it doesn't exist yet. Jeff Bezos 10 00:00:29,440 --> 00:00:34,280 Speaker 1: wants to be seen as an inventor. We love to invent, 11 00:00:34,560 --> 00:00:37,640 Speaker 1: We loved to pioneer. We even like going down alleys 12 00:00:37,680 --> 00:00:41,080 Speaker 1: that turn out to be blind allies. He wants Amazon 13 00:00:41,159 --> 00:00:43,720 Speaker 1: to be seen as an innovator. Talk to us about 14 00:00:43,720 --> 00:00:47,800 Speaker 1: that fulfillment center. I don't see too many humans. Help 15 00:00:47,880 --> 00:00:50,560 Speaker 1: us understand the amount of robots you have versus the 16 00:00:50,600 --> 00:00:53,600 Speaker 1: amount of people you employ. A tech giant that drives 17 00:00:53,680 --> 00:00:57,760 Speaker 1: social and technological change. I was like, Okay, this is amazing. 18 00:00:58,200 --> 00:01:01,840 Speaker 1: This is clearly an important moment technology. I was funnish, Right, 19 00:01:02,120 --> 00:01:05,120 Speaker 1: how the hell did they do that? And by all accounts, 20 00:01:05,360 --> 00:01:08,800 Speaker 1: Bezos got everything he wished for this. There's like no comparison, 21 00:01:08,840 --> 00:01:11,960 Speaker 1: said Jeff Bezos is actually the richest person in modern histories, 22 00:01:12,080 --> 00:01:15,040 Speaker 1: and in terms of just ship billions being accumulated that 23 00:01:15,080 --> 00:01:18,520 Speaker 1: there's really nothing in history to compare. But as Amazon 24 00:01:18,640 --> 00:01:23,480 Speaker 1: grew and Beazos became wealthier and wealthier, something began to change. 25 00:01:24,000 --> 00:01:27,000 Speaker 1: Amazon was ranked one of the twelve worst companies to 26 00:01:27,120 --> 00:01:30,240 Speaker 1: work for, but many Amazon staffers say the demand for 27 00:01:30,319 --> 00:01:35,480 Speaker 1: greater speed is the leading factor harming warehouse workers. Bezos 28 00:01:35,520 --> 00:01:38,400 Speaker 1: became a target. They saw him as a villain, a 29 00:01:38,560 --> 00:01:44,120 Speaker 1: ruthless capitalist. The pressure grew stronger and stronger. Protesters marched 30 00:01:44,120 --> 00:01:47,520 Speaker 1: down thirty fourth Street intent to vent their anger at Amazon, 31 00:01:51,880 --> 00:01:56,320 Speaker 1: and then Bezos made another surprising move. Jeff Bezos is 32 00:01:56,320 --> 00:01:59,360 Speaker 1: stepping down. The announcement sent shock waves to the business 33 00:01:59,360 --> 00:02:02,360 Speaker 1: and tech commune. And Hi, I'm your host, brad Stone. 34 00:02:02,840 --> 00:02:06,600 Speaker 1: This season on Foundering will take you inside Amazon's quest 35 00:02:06,640 --> 00:02:11,040 Speaker 1: for world domination. Amazon is no question one of the 36 00:02:11,080 --> 00:02:15,000 Speaker 1: most spectacular business stories of our times, and Bezos is 37 00:02:15,040 --> 00:02:18,680 Speaker 1: a visionary. But he never could have foreseen how dramatically 38 00:02:18,760 --> 00:02:22,440 Speaker 1: Amazon and his personal wealth would change him and in 39 00:02:22,480 --> 00:02:27,400 Speaker 1: the process, alter our modern society. Check us out Foundering, 40 00:02:27,520 --> 00:02:31,320 Speaker 1: a podcast from Bloomberg Technology. Listen wherever you get your 41 00:02:31,360 --> 00:02:32,000 Speaker 1: podcasts