The people at Triplequote looked at the performance of Scala compilers on different Amazon EC2 instance types in an effort to answer the question, “What is the (cloud) cost per build?”
It’s important to remember that even when successful people say things, they’re often just opinions, not facts. Starbucks’ CEO Howard Schultz once told Jeff Bezos of Amazon, “You have no physical presence. That is going to hold you back.” The reality was that not having a physical presence at that time is what propelled Amazon forward.
Me: Alexa, play 70s folk music.
*Alexa starts playing a James Taylor song*
Me: Alexa, never play songs by James Taylor.
Alexa: Shuffling James Taylor playlist, on Amazon Music.
Bloomberg has a nice article about business strategy titled, Best Buy Should Be Dead, But It’s Thriving in the Age of Amazon.
While it’s old news (March, 2018), I’ve often wondered why Siri seems to be getting worse, and how/why Amazon and Google beat Apple to the market for Alexa-like assistants. MacRumors has this article where they report several of the problems related to Siri’s development. (Their article is based on an article written by The Information, which requires a subscription.)
Here’s a great 1999 interview with Jeff Bezos on YouTube. And here’s a transcript of an interview with James Comey, where he says, “so much of what I’ve tried to do as a leader is guardrail around what I think my weaknesses are. Really important to me that I avoid the danger — which I think all humans have, but I know I have — of falling in love with my own view of things, my own righteousness.”
In case you’re worried about artificial intelligence (AI), there’s this:
Me: Alexa, cancel the current timer.
Alexa: I don’t have a timer called “current,” but there is one called “Fifteen minute timer.”
“But the cloud came along. And one of the most extraordinary things I've ever seen in business is when an unrelated type company — a retailer, you can call Amazon of that type, goes into another big industry and sees the future in it, gets into it, and then they gave — and Jeff Bezos would say this, he said it on the Charlie Rose show, some time ago — he got this amazing runway. I mean, the other players — here are all these 200 IQ people, you know, in that business, and they gave him year, after year, after year. It wasn't a secret of what he was doing. And he was, in an important way, revolutionizing the industry, and the other people sat on their hands, basically.”
~ Warren Buffett talking about Amazon and “the cloud” in this Morningstar article
Lost in the recent announcement about JPMorgan Chase, Amazon, and Berkshire Hathaway combining forces to get into the employee insurance business is the fact that they are already self-insured employers. I read that in this Business Insider article, where I also read that 80% of large companies are already self-insured.