Summary of Amazon.com President and CEO Andy Jassy | Full Interview | Code 2022

00:00:00 - 00:55:00

In the interview, Amazon CEO Andy Jassy discusses the company's history, its philosophy on market power, its focus on customer experiences, and its plans for future growth. He also discusses the company's recent investments in medical services and its plans for further growth in this field.

• 00:00:00 Andy Jassy discusses Amazon's growth over the past year and his plans for the future. He emphasizes the importance of customer service and innovation in the company's mission.
• 00:05:00 In 2020, Amazon's fulfillment network proved to be insufficient to handle the influx of customer orders, and the company quickly built a new transportation network to speed up orders. CEO Andy Jassy discusses the company's growth and challenges.
• 00:10:00 Amazon.com President and CEO Andy Jassy discusses the company's decision to build more fulfillment centers in response to the pandemic, the importance of employee benefits, and the company's view on unionization. Jassy says that employees would be better off without a union, and that the company has mechanisms in place to address employee grievances. He says that the company was surprised that Staten Island voted in favor of unionization, but that the vote is only the beginning of the company's fight against unionization.
• 00:15:00 The interviewer, Andy Jassy, discusses Amazon's history and its president and CEO, Andy Jassy. Jassy explains that, when Amazon was first founded, there were irregularities in the vote to select a CEO and that they filed objections. He notes that one reason why employees have continued to work in the company's unusual, but seemingly successful, structure is because of the benefits--particularly the low minimum wage. He also discusses Amazon's plans to allow employees to work remotely, noting that there are pros and cons to the arrangement.
• 00:20:00 Amazon CEO Andy Jassy discusses the pros and cons of the proposed antitrust bill, which he says is too broad and vague. He also criticizes the proposed penalties as being too high, and the FTC's leadership as beingbiased against Amazon.
• 00:25:00 Amazon.com president and CEO Andy Jassy discusses the company's plans to re-look at private label and the need for legislation that is both specific and fair. Jassy also notes that the tech industry has put 95 million dollars into the campaign to stop internet censorship.
• 00:30:00 At Amazon, President and CEO Andy Jassy discusses the company's philosophy on market power, its focus on customer experiences, and its plan for future growth. He also discusses Amazon's recent investments in medical services and its plans for further growth in this field.
• 00:35:00 In 2019, Amazon CEO Andy Jassy won 15 Emmy Awards, including Best TV Show, and the company's revenue decreased by about 20%. He discusses the company's strategy for the entertainment industry and how they plan to compete with Netflix.
• 00:40:00 In his interview with Amazon CEO Andy Jassy, the interviewer asks about the company's various challenges and opportunities. Jassy discusses the importance of customer focus and innovation, and how Amazon plans to address various issues such as education and the economy. He also discusses the company's recent success in its retail stores.
• 00:45:00 Andy Jassy, President and CEO of Amazon.com, discusses the company's efforts to disrupt the healthcare industry, including its acquisition of one medical, its plans to shut down Amazon Care, and its plans to use Amazon's cloud computing resources to create new customer experiences.
• 00:50:00 In his interview with YouTube star Sarah Silverman, Amazon.com President and CEO Andy Jassy discusses the company's past, present, and future plans for Amazon Care, Amazon's in-person health care program which Amazon plans to wind down. He also discusses the company's opposition to unionization and its budget for union busting efforts. Jassy also discusses the company's plans for retail growth and its use of digital screens in vans to promote its video series, "The Grand Tour."
• 00:55:00 Amazon.com's President and CEO, Andy Jassy, discusses the company's efforts to provide an open platform, and the success of its streaming service, Fire TV. He also discusses the company's strategy for expanding its selection of streaming content.