Economist Podcasts Rise above the cloud: Amazon’s new chief executive
Feb 3, 2021
Patrick Fowles, The Economist's business affairs editor, offers insightful commentary on Amazon's leadership transition with Andy Jassy taking the helm from Jeff Bezos. They discuss the challenges Amazon faces, including regulatory pressures and fierce competition. Fowles also dives into pressing global issues, such as the troubling decline of democracy exacerbated by the pandemic and notable political shifts worldwide. Additionally, he highlights the captivating story of Tse-Chi Lop, a significant figure in Asia's drug trade, and the implications of his recent capture.
AI Snips
Chapters
Transcript
Episode notes
Bezos Steps Down, Jassy Steps Up
- Jeff Bezos will transition to executive chair, while Andy Jassy, head of AWS, becomes CEO.
- Amazon faces regulatory scrutiny, labor issues, and emerging competition despite record sales.
End of an Era?
- Bezos was one of the last tech giant founders leading his company.
- His departure marks a potential new era for tech giants facing regulatory questions and competition.
Jassy's Rise
- Andy Jassy, a Harvard Business School graduate, has been with Amazon since 1997.
- His major achievement is leading AWS, which now constitutes a significant portion of Amazon's value.