Jeff Bezos discusses challenges facing big tech

And companies like yours are getting more scrutiny. You talk about how you love competition, but some people feel that it's not competitive enough, and they need the regulation. Tell me how you're viewing this, how you're viewing this difficult moment for technology as running one of the major most power companies Not Blue Origin yet, but Amazon in negotiating this time period? Well, I guess first of all, I remain incredibly optimistic about technology. The reason that we have pulled ourselves up as a species, by our bootstraps is because we have continued to make Technological progress. And technologies always are two-sided. There are ways they can be misused as well as used, and this isn't new. You know, the book was invented, and people could write really evil books and lead bad revolutions with them and create fascist empires with books, and so on, and so on. It doesn't mean the book is bad. So there, and I feel that society develops an immune response eventually to the bad uses of new technology, but it takes time. I see that right now. I think social media Is increasing, unfortunately, identity politics, tribalism. I think the internet in its current incarnation is a confirmation bias machine. If you have a going in point of view and you go do some searches, you find confirmation of your point of view. If your newsfeed is showing you things, it's showing you things that confirm your point of view by and large. And so, having technology that increases confirmation bias probably isn't good. It is gonna lead to more tribalism. And so, we don't know the solutions to these problems yet, but we'll figure them out. I worry that some of these technologies Will be very useful for autocratic regimes to enforce their will. And there, bunch of things are gonna happen, that we aren't gonna like, that come out of technology. But that's not new. That's always been the case. And we will figure it out. The last thing we ever wanna do is stop the progress of new technologies Even when they are dual use. Biotech is gonna be amazing, and it's gonna save your children, and it's gonna cure your cancer and many other things but it's gonna have dual use too. And all of that is gonna happen. As far as the broader question about Tech companies including Amazon. I think all large institutions should be scrutinized. It make sense to me. I think your government should be scrutinized, government agencies should be scrutinized. Being non-profit should be scrutinized. Large companies should be inspected and examined and scrutinized. Is normal, what I You know, I've been in Amazon the whole time. I was there you know when it was just and you know it was a garage [UNKNOWN]. I love garage [UNKNOWN], I was one. But there are certain things only large companies can do, you know you're not gonna build a Boeing 787 in your garage, you're not gonna build an iPhone in your garage. And so we want large companies but we do also wanna scrutinize them. And that's [UNKNOWN] and I preach inside Amazon saying this is going to happen, it's normal, don't take it personally. It should happen. You wanna live in a society where that happens. And what should you do about it? Just make sure that you're conducting yourself in such a way that when you're scrutinized you pass with flying colors. Thanks a lot Jeff. It was great