Jeff Bezos: The electricity metaphor
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- Опубліковано 15 тра 2007
- www.ted.com The dot-com boom and bust is often compared to the Gold Rush. But Amazon.com founder Jeff Bezos says its more like the early days of the electric industry.
TEDTalks is a daily video podcast of the best talks and performances from the TED Conference, where the world's leading thinkers and doers are invited to give the talk of their lives in 18 minutes -- including speakers such as Jill Bolte Taylor, Sir Ken Robinson, Hans Rosling, Al Gore and Arthur Benjamin. TED stands for Technology, Entertainment, and Design, and TEDTalks cover these topics as well as science, business, politics and the arts. Watch the Top 10 TEDTalks on TED.com, at
www.ted.com/index.php/talks/top10 - Наука та технологія
Amazon share price when he gave this talk : $30
Share price today: $2400
Currently: $3030
cool kiro still cheap
Flak153 3k
3200
After splitting 10s of times maybe.
FYI: Recorded 2003
Very important that information. Thanks a lot.
it's published on 2007 because youtube launched on FEB 14, 2005
And now the richest man alive. Insane!
Useless information!
It is Insane!
UA-cam should have an option for "Oldest First" in comment box. At least we could see how people in 2007 reacted to his idea
Ive gone through the comments, only 2 persons commented when this video released
@@MuhammadYasir-2526 Wha' kinda comments bro?
@@m.islamnafees5770 one was great video. Another was Nice
@@MuhammadYasir-2526 😁
I am big big world agree with you
Nobody:
*UA-cam* *recommendation* : We finally have a video for you after 12 years!
spot on mate
yeah insane!... 2007....one of the first videos uploaded to youtube haha
im sick of the nobody meme, but youre right. something's up,
This video may be uploaded to UA-cam in 2007.... although this is a Ted Talk from 2003... so not to be nit-picky but this video is 16 years old..
I searched joff bezos ted and the video came was this 16 year old speech....
2007: Who is this guy? He sells books online? Who cares?
2020: Richest man on the planet
2003
How does he look 20 years younger today?
@@Jdalio5 Money makes you younger
Dumb people talk like that, even in 1999 his company and name was huge in silicon valley
Amazon was huge in 2007
Geeky Bezos was much more amusing than global emperor Bezos
he is like the "mandarin" in Ironman 3
Jeff hasn't changed much. Same intelligence, same passion, same sense of humor.
@@jfloyo11 More like "lex luthor" in Superman
@@stonepa yea but he became more of a business man/manager than a inventor. Which isn't wrong but I prefer the second one.
@@minglee9288 You have to become a businessman/manager if you're going to start a company from nothing and become the biggest in the world. But it's interesting and sort of depressing that throughout most of the history of innovation, inventors captured 0% of the value they created for the world. The Wright brothers didn't get rich off aviation. After the beginning of the industrial revolution and the first factories created, all the wealth in western Europe was still in the hands of the aristocracy. Many more examples. It was only in computer technology that you see creators/inventors capturing > 0% of the value they gave the world. It's the exception to the rule.
he stopped growing hair and started growing his net worth
imagine if he had more hair
Harsh Raj Always free he’d be poor. Its one or the other
I just shaved my head and this comment motivates me.
he can pay god to regrow him hair
Close a door to open a window
The one's who got rich weren't the gold miners, but the one's selling the shovels
you mine gold with a picaxe not shovel
@@jacobtex4611 HAHAHAHA
@@jacobtex4611 LMAO
Jacob Flex how much minecraft did you have to play to realise that?
profound observation, bezos is actually selling the shovel - in this case "servers".
Fun fact: When Jeff gave this talk, Facebook hadn't been launched yet!
This talk was 2003
#fakenews
mycar_mypetrol no it’s not. This talk was a year before the launch of Facebook. Can you do the smallest ounce of research before commenting dumb fucking comments
Carrot Cake You kiss your mother with that mouth?
@Sultan Abdulhameed II wish he had stayed a tea seller.
This guy knows his topic, wouldn't be surprised if he become richest man on Earth
Lol
Wtf
richest?
@Harry Sachs lol
Richest man on earth!? Blasphemy. You saw the news articles; amazon.bomb. The media is never wrong my friend.
There’s a recent interview where he was asked about his space exploration project, and interestingly he answered it by explaining laying out the infrastructure needed for the future generation. Seeing this video now and connecting his rationale of Blue Origin kind of shows how appreciative he was of those people who came before him that laid the groundwork for Amazon.
"With innovation, there is no last nugget" probably my favorite quote from this TedTalk.
Gives me hope that if you keep plugging along, you will hit something amazing.
That's how they keep hold of ya
Great quote
Yeah you just keep plugging along little buddy
@@stephanwilliams4143 Great attitude.
There’s no end to innovation. And in theory, reaching that means the end of civilization because cycle of life ends.
The stage from where the TED presentation is being done compared to ones today; you could compare that stage to the washing machine shown.
I love the fact that he didn't even have a presentation clicker to go through his presentation. He literally had a desktop computer on stage which he used to click along and see what was being presented. Things sure have changed since then.
And he is reading a paper.
I did not know Jeff Bezos had given a Ted Talk. 🤙🏼
Before he became jacked Bezos
@Chris Christie
Yes
Whats the problem with that? Did he made the law or the people the mass vote for? Nothing wrong with optimisation.
@@svenvdw4894 he probably paid off some people who made the laws.
@@neilt1352 who is lying plzz tell me i wanna know the story
I wanna see a movie like "Pretty Woman", but for men, with HRT, hair plugs, tailored clothes, and cosmetic dentistry. 🤗
...seeing all those late 1800's newspaper clippings is also evidence that bullshit advertising has been around since, _forever._
BluntForceTrauma666 Yeah fake news is all there is apparently. Propaganda is the true opium for the masses.
It was worse back then when people weren't educated...people easily sold snake oil?
Look no further than religion.
🔥 plus shout out to Edward Bernays
#consumerism rush
I was very skeptical of Jeff's success, but now I know exactly why he is the richest man running the most successful and fastest growing company in the world.
When Ted had good content
nostalgia
Right, TED is following in the footsteps of TV since the Fifties onward.
Yeah Ted talks lost all credibility when they had Tai Lopez speak.
60 minutes is the only thing that has good content if that is what you're looking for.
Still does
So interesting! Jeff Bezos is a great storyteller. Only wish it were longer. Would love to see him do a follow-up to this 16-year-old presentation.
Yeah, there’s limited public video of this man sharing his genius :)
saitama trained 10 years now hes bold.
LOL
bald
saitama got stronger, bezos got richer. in other words, get so rich that your hair fall off :D
the opposite of elon musk, musk grew back his hair when he got rich.
@@k1ngjulien_ elon musk may be living in dragon ball universe
Use your Internet for more than memes
Blasphemy!!!
you made me laugh hahaha
Wow...👍🏻
@A D memes belong to garbage
420 likes ayyyyy
Probably one of the best vids on UA-cam 25 Apr 2019
what are some of the others?
@@vstrouha ua-cam.com/video/IHre2RvaHkA/v-deo.html
Loads more!
Let’s get this BITCOIN!!!!
THE BLOCKCHAIN!!!!
My burthdey
Bezos-in-2019 looks younger brother of Bezos-in-2003
How can this be? Surgery?
@@corylowe5557 Hit the gym, toned up his muscles, shaved off that balding hair.
he is basically the "mandarin" in Ironman 3
@@treehugger3615 He's also investing in some serious anti-aging endeavors, like the development of senolytic drugs.
That's what money can do for ya
Watching in 2017 via 802.11ac on 330Mbps G.fast. Will watch again in 2027.
@deee dawwwggg wooowwww you really went there lmao. can't wait to scroll through these youtube comments in 2027.
2019 will be back in 2029
@@JoMBification hahahah shots fired
deee dawwwggg lol
@deee dawwwggg yup im also amongst the blacks of america. I have google fiber. Go Merica
I am surprised that this video is 16:9...even thought it was uploaded 13 years ago
ua-cam.com/video/Xaw-yCbB3QQ/v-deo.html
@Jonathan Carter There were already HDV cameras at the time, not to mention the Sony CineAlta cameras which had already been used in Hollywood. I doubt they used 35mm film for TED talks...
Why that time there is no option to upload this big video???
@@Tsuta hahahhahahah
@@mikekane2492 I liked your explanation
Ironically Jeff here started selling the shovels for the internet with AWS
exactly
The day this was filmed (2/1/03), amazon’s stock was valued at $21.85 a share. As of today (5/2/19) amazon’s stock is valued at $1,900.82 a share. That is an increase of 8599.41%. To put in perspective how massive this jump in value is…
Let’s say you went to this ted talk and never heard of Amazon and walked out and decided to invest roughly $1000 in Amazon. 46 shares would have been worth $1,005.10. Those shares today would be worth $87,437.72. Don’t ever let someone tell you that the stock market is only for the rich. We all are free to invest and we all should.
David Kast not when you 8-15 years old who knows about that when ur that age
@@ozzyfromspace i work for a broking firm (as a low level grunt, but still), its only gambling of you dont know wtf you are doing.
If you can read balance sheets, have a keen eye for detail and know a bit of human psychology to tell when corporate managers are BSing, then you can make money consistently. That is called investing.
That's the most rediculous thing I've ever heard 95% of people who invest lose their money or the lucky ones break even the other 5 percent is the people who spend all day on this as their job or the people or coorperations that influence over what they buy don't get your hopes up don't waste your money
That's what Buybacks and Quantitative Easing do to a Stock. Amazon shares are as inflated as the US economy. Get out while you can, before 2021...
@@iannickle8386 no.. that would be traders. 90% of people have exposure to markers through their pensions you numpty.
2003, a decade before Amazon began taking over the world lmao
Never expected to watch such an awesome talk from TED via UA-cam on my laptop plugged into the outlet, not my bulb socket.
Why does 2020 Bezos looks airbrushed compared to 2003 Bezos
$$$
Well for one he’s taking care of himself now and exercises.
ua-cam.com/video/Xaw-yCbB3QQ/v-deo.html
@Joshua Merwine the bohemian club has mostly republican politicans
@Joshua Merwine Literally shut up with the conspiracy theories.
Yet there are people talking down on virtual reality in 2019. "It's too complicated to be mainstream", exactly like what the newspapers said about the internet.
Exactly. VR is here to stay and evolve beyond regular PC experience.
Yep, VR/AR, and block chain
@@0ptimal why ?
@@nounacceptables well been awhile but I still believe in all 3. With AR being the one I think will prove most impactful(for now).
I think one day, there will come an AR device that will be as influential/revolutionary as the smartphone was. Maybe more so. (When I say AR I'm talking about AR+AI+Human - think of the internet and all its usefulness and ability, integrated with your eyes) Remember the home PC, you sat in front of it, then came the laptop that you could carry, then came the smartphone that was with you always, next comes an even more convenient version of the computer that is with you always: AR device.
Now speaking of some of the potential capabilities of AR: imagine wearing some sort of glasses(as an example, could be something else) and walking into the woods, and on your "screen", your view or what you naturally see when you look in front of you, you have a program identifying each tree, with whatever info you desire. Birds being identified, bugs, whatever. Basically the equivalent of you grabbing your phone and trying to Google each one of these things, but instead it's done automatically and displayed right before your eyes. Now imagine walking to a car, popping the hood, looking at the motor and saying you want to change the water pump, then your AR device proceeds to indicate step one in the process, showing you in real time what exactly to do first. These are just a couple of examples but are pretty amazing to think about. We will be almost superhuman. Human and all the information of the internet(not to mention the power of AI as well) combined.
People say "ar glasses will never take off, nobody wants to wear something on their face all day." Well I agree but that's not a limiting factor anymore. The usefulness and benefits of the tech will far outweigh the hassle of having to wear it. Who would have thought we would be carrying around a small brick I'm our hands all day everyday? But we do because of the usefulness and benefit it bring into our lives. So much so that we rarely put it down. When ARs abilities become understood by people, and they see what it can do for their lives it will not be a problem to wear glasses or whatever it is. It will get to a point where people will be at a severe disadvantage if they do not utilize the tech.
VR while I love and believe in, I think is for now more suited for games/entertainment and training. AR you can add it to your everyday experience, tasks, instead of delving into another world. Block chain compliments both. The way I see it is: block chain can make digital things tangible, and with the evolution of technology towards the use of ar/vr, digital world's, this use case only seems natural to me. Little ways to go yet but I have no doubt the integration of man+ar is coming.
This guy loves his stuff. He'll surely make it big someday!
i love stuff too
Wow, amazing prediction :)
I doubt it. This bezos doofus should get into wholesaling or retail
Damn! I'm watching this in 2020 and feeling like bezos was a prophecy teller! Be incredibly optimistic, who knows what the future holds for us, the internet and how easy and effortless it would be for the next decade.
Here Bezos is talking about DSL and 802.11, I just had my first broadband connection on 2011 with 2 Mbps, now in 2020 I have 25 Mbps, for the same amount, which also supports 3 mobile devices, smart tv and laptop. Also, India has the lowest amount per gb in entire world.
Speed*
And yes, that's what we do to keep it cheap lmao
@@harshjain3122 na JIO, na jine do😂😂
12years later this video in recommendation...😂
recorded in 2003
@Divine Life Bliss loser*
It's July 2022 & this speech 15 years ago,
Is still relevant on enterpreneurship...🙌
Hatsoff to Mr Bezos long term perspective
You mean 19 years ago. This was in 2003.
11:19 shoe dryers are popular in Russia. Imagine that for half-year you have snow everywhere and crappy city infrastructure.
Time by time you'd get enough snow in your boots and it'd get melted making them humid inside and walking in humid boots is extremely dangerous for health.
Also since boots are very important they are generally expensive, so you care for them to last longer.
Though tosters are weirdly unpopular here.
I wish they would bring back this intro.
It's serious one of the coolest intros I've seen.
Damn, a 10-year-old comment. Wow!
@Ahmad Dzaki damn a 3 week old comment
@@fury849 a 9 moths old comment damn
@@shubham2076 a 10 month old comment, 😲 wow
Whatever he talked about the internet optimistically, now turned out to be more than the truth!
The TED talks were actually good.
Watching in 2019! A gold lesson from the richest man in the world.
He is so casual, relaxed and has that cocky genius charm. No wonder Lauren finds him super attractive besides his change. And the media focuses too much on his laugh making him look like a weirdo. He was suave AF here.
16:05 2019. Yup. I started working professionally on the web in 1998 and I've had first-hand experience of the steady growth of the Internet and all the stuff that's come. There's so much more to discover!
This is one of the better Ted Talks I've seen.
It all makes sense now in 2017 on what Jeff spoke back in 1998(ish)
RESEARCH: Jeff Bezos. His maternal grandfather was a founding member of DARPA = CIA... He is key Deep State Supporter. War is coming.... know your true enemy, becasue he knows you... Jeff is special alright, his gramps gave him the keys to the castle, it didn't come from hard work and luck... Wake the F up, Raman.
I'd like to work at Amazon, so that I can qualify for food stamps.
lmfao
Philip Lane I think the lesson we can take from your ignorant sarcastic remark is that working for other people in fact does NOT make you rich.
@@perthus7008 I'm sorry you didn't appreciate my remark, as many have found it both funny and appropriate.
Hilarious
they pay a minimum $15 an hour.
He really knew the opportunity the internet presents since then. I love this optimism.
As someone born in 1990, and actively started using computers in 1997, it's very interesting to know that I grew up during this boom period of the internet that Jeff Bezos describes.
I like the fact that Bezos is talking about the infrastructure. I think, he is doing that right now in 2019 to the space travel sector. While Musk to the pioneer in travel and explorations, Bezos is preparing an infrastructure for others that could advance in the future because of his work today.
Completely agree!!
This guy made my college education slightly more affordable. Used textbooks are my lifeblood.
It has got to be the best review of fluid mechanics that I have ever had! Thanks Jeff
Why am I seeing this just now? I needed to see this a decade ago!
Even today I think internet potential is at a current minimum state of potential. There's so much more with the possibility to connect than what we accomplished so far. Great talk
I just caught myself going on amazon to shop, while watching this..
@Thinkschool had given me way to learn something valuable.
UA-cam algorithm Recommending me a video from 12 years ago
Genius presentation. I wish I would have seen it earlier - I would've bought Amazon's shares!
You can buy Bitcoin. We are in 1998 of the internet in crypto, a lot of them will go to 0 but few like Bitcoin and Ethereum are going to survive.
the most intelligent TED ever.
In my opinion it’s like the 1908 washing machine for the Blockchain industry
That was great, i absolutely loved it, i think we will be seeing more of this young man, mark my word. All jokes aside, really great talk. Very inspiring, interesting and insightful. I wished he was my school teacher and how much cooler if we teach our kids how things came about. I have a whole new appreciation for everyday appliances. Thank you
We’re almost in 2020 and UA-cam still recommend this to me XD
I m just wondering what are these 2 questions that we must ask ///???
there is no way this video would only have that amount of views...bet it was in the millions... awesome video, Mr Bezos...so smart... nobody saw him coming...look where he's at now ! Congratulation Jeff !
11:19 The electric shoe warmer and dryer is actually very popular in the post-USSR countries. One can buy it nowadays and it is very handy in winter
Such a beautiful teacher n I wish he could be telling me this in person
With his optimism, work ethic, knowledge, and vision, his wealth is no surprise. 👍🏾 continue innovating and applying heavy pressure Bezos 💪🏾
Anyone catch that 2003 BMW sponsor? Hydrogen. I think this is around the time Musk sold Paypal. 🤔
Here 2019 and 802.11ax (WiFi 6)- I think this is still the beginning..
I'm more interested in the BMW ad at the end, whatever happened to THAT innovation?
By far one of the best and most intriguing TED Talks ive ever seen! Not to mention this was 12 years ago!
17 years ago
Damn I wonder the song at 17:30 is inspired by massive attack or the other way around.
Use your internet for tracking and ad placement.
very poignant the point of people dropping everything no matter their skill set to pan for gold; analogizing that with the internet is so accurate. Wow and to think this was filmed in 2003
His enthusiasm is amazing
All I'm thinking right now is how to make money online if anybody have ideas please tell me ....
Investing in crypto now is very cool especially with the current rise in the market now
People are scared of investing because of high rate of scam in the business
Making them to remain poor out of ignorance
There are scammers but are real brokers waiting for investors out there
Yes you are right
Thanks for introducing me to expert Mrs Linda Fx
시황과 함꼐 재무제표 p.p.b.r 쉽게 설명해주셔서 감사합니다!!!
this dude knows something, i can feel it...
Having never heard Jeff Bezos speak before I will say he sounds like a California surfer. I am surprised he sounds way younger than I thought he was. Cool.
He only does telepathic comms now, and his skull size has increased relative to his hair loss...
Still strange that he didn't sound at all ruthless.
This Jeff would have supported bitcoin
Are you kidding? He does support blockchain AND cryptocurrency.
@Chris Christie Tax havens are great!
@@Hizenbird not back in 2017/16 when the op made the comment
@@mohit_panjwani Yes, back in 2017/16. You confuse Jeff with Amazon, and Bitcoin with Cryptocurrency.
Very inspired. i wished I watch that in old days. But in 2003 or 2007 i didnt know our video quality was this bad lol. I guess bandwitch was the problem and size of the video have to format to low quality.
Ahhh... when the ad is still included in the video
Oh how times have changed watching 2018
18:55 "BMW Hydrogen 7. The world's first hydrogen-powered luxury performance automobile."
😂😂😂
I used that word art in my school projects, I'm destined for greatness
once i lived in an apartment building which had been built right after WWII. there was ONE outlet in each room. in my workroom (which was also my bedroom), i had power strips daisy chained so there would be enough plugs. i'm surprised i didn't burn the building down.
Love the rough look of early TED talks. They just propped up a laptop and a projector in what seems to be some university/ conference room, with frickin Jeff Bezos on stage.
“Use your electricity for more than light”.
Por cierto el spot de BMW de hidrogeno me h parecifo brutal,buenisimo,precioso
Hahaha thanks for the throwback UA-cam, that gosh darn 802.11 wifi lmao
Jeff is such a nerd, and it’s awesome
This man's foresight and vision is remarkable. If I only knew then what I know now. 🤔
I guess you are missing the point, Bezos said that there is always more innovation in front of us than behind us. So you still have chance to get more sucesful
@@anjankdash Main thing is to act on your ideas. It doesn't have to be a perfect plan from the start because with more people joining your journey you will get new ideas and with trial and error you will find the ones that succeed and make your company able to scale up. Two minds brainstorming always creates this hidden third mind where ideas evolve.
13:51 Get a load of how surprised the four electrical sockets look at what Jeff is saying. Lol
16:15 last words sum up the entire talk.
“ Every new thing leaves new questions and new opportunities “ -J Bezos
This guy is so spot on...
he smart huh? lol
Very informative video. Promotes critical thinking and a different perception towards the world 😌🙌🏼
Couldn't have made the video resolution at least 360?
Got rich off selling us the Online Gold Rush of Shopping & Entertainment
You got Bitcoin rookie?
@@Diobanny No, haven't found a great starting point but would like to
DeZiio Don’t do it. Bitcoin has likely peaked and as Warren Buffett said, crypto is going to end very badly. It produces nothing so the only thing giving it value is the belief that someone will pay more for it than you did.
The outlets are NOT installed "upside down". They are installed to minimize the chance of shock/fire and is also thought to improve the connection by having to points of contact at the base. If the plug was not fully in the outlet and a piece of conductive material were to fall down and touch the contacts it would arc. If the outlet is installed with the ground up, the conductive material would touch the ground and not arc. Outlets were also installed upside down by some electricians to denote that the outlet is controlled by a wall switch before the new code requiring the outlet be labeled and have the switch symbol.
It all began with a love for reading and books, my guess is if he had to choose between money or books ( including audio) he would choose books. I think he's interesting, imagine all the projects he has going on.
This is a great lesson in optimism! Now where can I buy a 1908 Washing Machine from!?