back to indexJeff Bezos: Amazon and Blue Origin | Lex Fridman Podcast #405
Chapters
0:0 Introduction
0:24 Texas ranch and childhood
4:2 Space exploration and rocket engineering
16:36 Physics
26:10 New Glenn rocket
68:59 Lunar program
78:55 Amazon
96:16 Principles
114:56 Productivity
125:34 Future of humanity
00:00:00.000 |
"The following is a conversation with Jeff Bezos, 00:00:23.720 |
You spent a lot of your childhood with your grandfather 00:00:30.240 |
And I heard you had a lot of work to do around the ranch. 00:00:33.000 |
So what's the coolest job you remember doing there? 00:00:49.320 |
And my grandfather was really taking me those 00:00:54.360 |
he was letting me pretend to help on the ranch, 00:00:57.440 |
'cause of course, a four-year-old is a burden, 00:01:01.120 |
He was really just watching me and taking care of me. 00:01:03.820 |
And he was doing that because my mom was so young. 00:01:15.880 |
I actually was helpful on the ranch, and I loved it. 00:01:21.360 |
had a huge influence on me, huge factor in my life. 00:01:27.800 |
I've fixed windmills and laid fences and pipelines, 00:01:32.800 |
and done all the things that any rancher would do, 00:01:48.640 |
Then it was just him and me, just the two of us. 00:01:51.160 |
And he was completely addicted to the soap opera, 00:01:58.960 |
to the ranch house every day around 1 p.m. or so 00:02:07.720 |
- Just the image of that, the two of you sitting there, 00:02:14.320 |
It was really a very formative experience for me. 00:02:28.440 |
He would make needles to suture the cattle up with. 00:02:31.240 |
He would find a little piece of wire and heat it up 00:02:34.080 |
and pound it thin and drill a hole in it and sharpen it. 00:02:37.160 |
So, you know, you learn different things on a ranch 00:02:40.800 |
than you would learn, you know, growing up in a city. 00:02:44.520 |
- Yeah, like figuring out that you can solve problems 00:03:04.640 |
Knew it would've cost, I don't know, more than $100,000. 00:03:13.040 |
We'd, you know, use mail order to buy big gears 00:03:32.560 |
He just, he didn't pick up the phone and call somebody. 00:03:41.000 |
fixing a D6 bulldozer and then going in for a little break 00:03:47.440 |
- Laying on the floor, that's how he watched TV. 00:03:55.760 |
In all those westerns, when he's not doing what he's doing, 00:04:07.760 |
while watching Neil Armstrong walking on the moon. 00:04:13.360 |
at the historical context and impact of that. 00:04:29.200 |
First satellite to space, first human to space, 00:04:32.000 |
first spacewalk, first uncrewed landing on the moon, 00:04:40.400 |
and then the first human walking on the moon. 00:04:51.080 |
- Well, I mean, there's so much inspiring there. 00:04:54.560 |
One of the great things to take away from that, 00:04:59.340 |
"I have come to use the word impossible with great caution." 00:05:19.280 |
Oh yeah, you'll do that when men walk on the moon. 00:05:44.040 |
So much resource, I think it was pulled forward in time. 00:05:53.240 |
And so in that way, it's also a technical marvel. 00:06:04.560 |
It's an achievement that because it was pulled forward 00:06:14.360 |
as in the pantheon of great human achievements. 00:06:24.120 |
I don't understand why it didn't say New Gagarin. 00:06:35.320 |
And in fact, I think his first words in space 00:06:52.320 |
No one knew that we were on this blue planet. 00:06:55.560 |
No one knew what it looked like from out there. 00:07:01.040 |
One of the things I think about is how dangerous 00:07:04.120 |
those early days were for Gagarin, for Glenn, 00:07:26.340 |
They thought he had about a 75% chance of success. 00:07:51.320 |
- John Glenn is the first American to orbit the Earth. 00:08:00.920 |
which I have framed and hang on my office wall. 00:08:10.640 |
And he sent me that letter about a week before he died. 00:08:18.440 |
And he says, you know, this is a letter about new Glenn 00:08:24.120 |
And he's just, he's got a great sense of humor 00:08:30.280 |
- Does he say, "P.S., don't mess this up," or is that-- 00:08:49.800 |
hundreds, thousands of years from now out in space? 00:09:04.380 |
at any given time, 1,000 Mozarts and 1,000 Einsteins. 00:09:08.080 |
That would, our solar system would be full of life 00:09:13.760 |
And we can easily support a civilization that large 00:09:17.520 |
with all of the resources in the solar system. 00:09:27.960 |
You know, the planetary surfaces are just way too small. 00:09:36.480 |
But yeah, we will take materials from the moon 00:09:39.360 |
and from near-Earth objects and from the asteroid belt 00:09:43.520 |
and so on, and we'll build giant O'Neill-style colonies. 00:09:50.900 |
And they have a lot of advantages over planetary surfaces. 00:09:54.100 |
You can spin them to get normal Earth gravity. 00:09:59.320 |
I think most people are gonna wanna live near Earth, 00:10:03.100 |
not necessarily in Earth orbit, but in, you know, 00:10:11.100 |
And so they can move relatively quickly back and forth 00:10:19.180 |
So I think a lot of people, especially in the early stages, 00:10:22.120 |
are not gonna wanna give up Earth altogether. 00:10:28.240 |
you might go to Yellowstone National Park for vacation. 00:10:35.000 |
whether they live on Earth or whether they live in space, 00:10:46.780 |
is to move the heavy industry away from Earth. 00:10:51.400 |
that somehow space exploration is in conflict 00:11:04.200 |
and space exploration is a way to preserve Earth. 00:11:07.880 |
This planet, we've sent robotic probes to all the planets. 00:11:37.300 |
But it's also perfect for all the advanced life forms 00:11:52.500 |
and large and impactful, as we stride across this planet, 00:11:57.500 |
as we continue, we want to use a lot of energy. 00:12:21.780 |
than it was, say, 50 years ago or 100 years ago. 00:12:25.180 |
We live better lives by and large than our grandparents did 00:12:31.660 |
And you can see that in global illiteracy rates, 00:12:34.340 |
global poverty rates, global infant mortality rates, 00:12:42.660 |
We get antibiotics and all kinds of life-saving medical care 00:12:49.060 |
And there's one thing that is moving backwards 00:12:54.540 |
So it is a fact that 500 years ago, pre-industrial age, 00:13:03.620 |
And we have traded some of that pristine beauty 00:13:20.540 |
the most fundamental measure is energy usage per capita. 00:13:27.260 |
you do wanna continue to use more and more energy. 00:13:30.300 |
It is going to make your life better in so many ways. 00:13:37.980 |
And so we have to go out into the solar system. 00:13:40.900 |
And really you could argue about when you have to do that, 00:13:53.980 |
but let me ask you on that topic about the Blue Ring 00:13:57.380 |
and the Orbital Reef Space Infrastructure Projects. 00:14:03.380 |
- So Blue Ring is a very interesting spacecraft 00:14:07.100 |
that is designed to take up to 3,000 kilograms of payload 00:14:12.100 |
up to geosynchronous orbit or in lunar vicinity. 00:14:20.180 |
It has chemical propulsion and it has electric propulsion. 00:14:24.460 |
And so you can use Blue Ring in a couple of different ways. 00:14:32.780 |
using electric propulsion that might take 100 days 00:14:36.780 |
or 150 days, depending on how much mass you're carrying. 00:14:40.260 |
And then, and reserve your chemical propulsion 00:14:42.940 |
so that you can change orbits quickly in geosynchronous orbit 00:14:55.660 |
Blue Ring has a couple of interesting features. 00:14:59.500 |
It provides a lot of services to these payloads. 00:15:04.500 |
So the payload, it could be one large payload 00:15:14.060 |
it provides compute, provides communications. 00:15:18.940 |
And so when you design a payload for Blue Ring, 00:15:23.020 |
you don't have to figure out all of those things 00:15:35.740 |
of radiation-tolerant compute on board Blue Ring 00:15:39.100 |
and your payload can just use that when it needs to. 00:16:09.900 |
this Blue Ring thing that manages various things 00:16:20.420 |
- No, but Blue Ring is not designed to move humans around. 00:16:35.740 |
but let me actually just step back to the old days. 00:16:49.300 |
and why did you change your mind and not become, 00:17:08.820 |
And the computer science was sort of something 00:17:19.020 |
and I enjoyed all my computer science classes immensely. 00:17:22.980 |
But I really was determined to be a theoretical physicist. 00:17:26.860 |
It's why I went to Princeton in the first place. 00:17:52.740 |
theoretical physics is not one of those fields 00:17:55.900 |
where the, you know, only the top few percent 00:18:02.620 |
It's one of those things where you have to be really, 00:18:05.540 |
just your brain has to be wired in a certain way. 00:18:26.860 |
And he was one of the most brilliant people I'd ever met. 00:18:30.580 |
My friend Joe and I were working on a very difficult 00:18:34.860 |
partial differential equations problem set one night. 00:18:37.780 |
And there was one problem that we worked on for three hours. 00:18:45.460 |
And we looked up at each other at the same time. 00:18:49.580 |
So we went to Yosanta's dorm room and he was there. 00:19:03.420 |
By the way, he was the most humble, most kind person. 00:19:30.820 |
And I said, "Yosanta, did you do that in your head?" 00:19:35.580 |
And he said, "Oh no, that would be impossible. 00:19:37.980 |
"A few years ago, I solved a similar problem. 00:19:40.820 |
"And I could map this problem onto that problem. 00:19:47.260 |
- I had a few, you know, you have an experience like that, 00:19:49.500 |
you realize maybe being a theoretical physicist 00:20:07.380 |
- Yeah, there's a particular kind of intuition 00:20:09.220 |
you need to be a great physicist, applied to physics. 00:20:12.660 |
- I think the mathematical skill required today 00:20:16.320 |
is so high, you have to be a world-class mathematician 00:20:20.820 |
to be a successful theoretical physicist today. 00:20:39.260 |
- And visualization skill, you have to be able to 00:20:41.980 |
really kind of do these kind of thought experiments. 00:21:08.900 |
and then I can create a hundred such atypical solutions 00:21:12.380 |
for something, and 99 of them may not survive, 00:21:18.540 |
But one of those 100 is like, hmm, maybe there is, 00:21:37.420 |
That's the thing I'm, if I self-identify as an inventor 00:21:43.300 |
- Yeah, and he describes it in all kinds of different ways, 00:21:46.780 |
that creativity combined with childlike wonder 00:21:57.260 |
Is there, like, if you were to study your own brain, 00:22:07.460 |
which is quite rigorous and famous at Amazon. 00:22:16.700 |
and thinking through this high-dimensional space 00:22:24.060 |
is there something you could say about that process? 00:22:35.900 |
So I, you know, when I sit down to work on a problem, 00:22:43.620 |
So to go in a straight line, to be efficient, 00:22:47.260 |
efficiency and invention are sort of at odds, 00:22:58.660 |
You have to work hard on also just making things 00:23:04.620 |
real lateral thinking, that requires wandering. 00:23:08.540 |
And you have to give yourself permission to wander. 00:23:20.220 |
And, you know, like when I sit down at a meeting, 00:23:25.220 |
I don't know how long the meeting is gonna take 00:23:37.980 |
The reality is we may have to wander for a long time. 00:23:46.820 |
than sitting at a whiteboard with a group of smart people 00:24:01.060 |
So, like, you know, sometimes you wake up with an idea 00:24:07.620 |
And sometimes you sit down with a group of people 00:24:21.900 |
And to, maybe to notice the kernel of a good idea. 00:24:27.940 |
'Cause I don't think good ideas come fully formed. 00:24:33.660 |
In fact, when I come up with what I think is a good idea, 00:24:37.460 |
and it survives kind of the first level of scrutiny, 00:24:42.540 |
and I'm ready to tell somebody else about the idea, 00:24:45.820 |
I will often say, look, it is gonna be really easy 00:24:57.700 |
Because it's really easy to kill new ideas in the beginning. 00:25:02.700 |
'Cause they do have so many easy objections to them. 00:25:06.980 |
So you need to kind of forewarn people and say, 00:25:25.140 |
There are a thousand ways to be smart, by the way. 00:25:27.940 |
And that is a really, when I go around and I meet people, 00:25:32.940 |
I'm always looking for the way that they're smart. 00:25:42.700 |
is that it's not like IQ is a single dimension. 00:25:47.700 |
There are people who are smart in such unique ways. 00:25:54.420 |
is when somebody calls me an idiot on the internet. 00:25:57.380 |
You know, there's a thousand ways to be smart, sir. 00:26:10.500 |
You gave me an amazing tour of Blue Origin Rocket Factory 00:26:13.500 |
and Launch Complex in the historic Cape Canaveral. 00:26:16.320 |
That's where New Glenn, the big rocket we talked about, 00:26:26.700 |
and tell me some interesting technical aspects 00:26:30.540 |
New Glenn is a very large, a heavy lift launch vehicle. 00:26:43.640 |
It's about half the thrust, a little more than half 00:26:50.940 |
So it's about 3.9 million pounds of thrust on liftoff. 00:27:05.440 |
The engines are fueled by liquid natural gas, 00:27:15.240 |
The cycle is an ox-riched stage combustion cycle. 00:27:19.220 |
It's a cycle that was really pioneered by the Russians. 00:27:23.220 |
And that engine is also going to power the first stage 00:27:51.820 |
And hydrogen is a very good propellant for upper stages 00:27:59.340 |
It's not a great propellant in my view for booster stages 00:28:03.820 |
because the stages then get physically so large. 00:28:17.180 |
if you need to store many thousands of pounds 00:28:23.020 |
So you really, you get more benefit from the higher ISP, 00:28:29.000 |
You get more benefit from the higher specific impulse 00:28:37.540 |
So you don't get such geometrically gigantic tanks. 00:28:47.660 |
And I think that it's a very effective vehicle, 00:29:09.940 |
- I mean, when you look at the physics of rocket engines, 00:29:24.820 |
That is gonna be about the same mass and size 00:29:29.340 |
for a giant rocket as it is gonna be for a tiny rocket. 00:29:41.740 |
but is trivial if you're building a very large rocket. 00:29:50.380 |
They have to pressurize the fuel and the oxidizer 00:29:55.740 |
in order to inject it into the thrust chamber 00:29:59.780 |
And those pumps, all rotating machines, in fact, 00:30:06.620 |
So really tiny turbopumps are very challenging 00:30:19.420 |
and the rotating impeller that pressurizes the fuel, 00:30:24.340 |
You can't have those parts scraping against one another. 00:30:34.900 |
those gaps and percentage terms end up being very small. 00:30:41.860 |
that you end up loving about having a large rocket 00:30:46.060 |
and that you end up hating for a small rocket. 00:30:53.260 |
So manufacturing large structures is very, very challenging. 00:30:59.380 |
And so it's just, if you're making a small rocket engine, 00:31:09.060 |
You don't need cranes and heavy lift operations 00:31:16.820 |
civil infrastructure, just like the launch pad 00:31:28.580 |
- And so just these things become major undertakings, 00:31:35.060 |
but also from a construction and cost point of view. 00:31:42.020 |
Isn't it like swampland, like how deep you have to go? 00:31:48.660 |
most launch pads are on beaches somewhere in the ocean side 00:31:52.380 |
'cause you wanna launch over water for safety reasons. 00:32:05.060 |
50, 100, 150 feet deep to get enough structural integrity 00:32:12.140 |
these turn into major civil engineering projects. 00:32:15.380 |
- I just have to say, everything about that factory 00:32:25.980 |
- It's humbling also 'cause humans are so small 00:32:33.340 |
that are harnessing enormous amounts of chemical power 00:32:44.360 |
- But then there's all the different components 00:32:49.980 |
Is there something interesting that you can describe 00:32:57.020 |
so it has to be as light as possible, I guess, 00:32:59.820 |
whilst withstanding the heat and the harsh conditions? 00:33:03.100 |
- Yeah, I play a little kind of game sometimes 00:33:15.340 |
'Cause surprisingly, some of rocketry's greatest hits 00:33:19.900 |
They are still, they would recognize immediately 00:33:24.140 |
and it's exactly what they pioneered back in the '60s. 00:33:31.260 |
The use of carbon composites is very different today. 00:33:57.500 |
I mean, the efficiency, the structural efficiency 00:34:19.100 |
that I showed you? - Yeah, yeah, it's incredible. 00:34:37.300 |
There's a pin that rotates at a certain rate, 00:34:40.740 |
and you put that pin between the two plates of metal 00:34:45.980 |
and then you move it at a very precise speed. 00:34:52.980 |
it heats it a little bit because of friction, 00:34:57.540 |
with stir-friction welding, you can touch the material 00:35:07.100 |
and I guess high temperature is what makes them, 00:35:11.540 |
- Exactly, so with traditional welding techniques, 00:35:18.540 |
strength characteristics of the material are, 00:35:26.500 |
the welds are just as strong as the bulk material. 00:35:35.940 |
a large liquid natural gas tank for our booster stage, 00:35:43.140 |
with traditional methods, you have to size those weld lands, 00:35:46.220 |
the thickness of those pieces, with that knockdown 00:35:49.060 |
for whatever damage you're doing with the weld, 00:35:51.060 |
and that's gonna add a lot of weight to that tank. 00:35:56.380 |
the result of that, the complex shape that it takes, 00:36:00.540 |
and what it's supposed to do is kind of incredible, 00:36:04.740 |
'cause people don't know it's on top of the rocket, 00:36:08.580 |
That's its task, but it has to stay strong sometimes, 00:36:23.180 |
to have 0% integrity, it needs to stay attached 00:36:26.820 |
until it's ready to go away, and then when it goes away, 00:36:33.660 |
and so it's a very robust way of separating structure 00:36:41.220 |
- Yeah, little tiny bits of explosive material, 00:36:49.860 |
So if you wanna go from 100% structural integrity 00:37:08.820 |
Second stage is liquid hydrogen, liquid oxygen, 00:37:11.260 |
so we get to take advantage of the higher specific impulse. 00:37:16.140 |
The first stage lands downrange on a landing platform 00:37:28.260 |
but also, is there a path towards reusability 00:37:39.140 |
that second stage to make it as inexpensive as possible. 00:37:50.060 |
to make it inexpensive so you can afford to expend it. 00:37:53.620 |
And that trade is actually not obvious which one is better. 00:38:04.900 |
Space flight, getting into orbit is a solved problem. 00:38:12.620 |
- The only thing, the only interesting problem 00:38:15.180 |
is dramatically reducing the cost of access to orbit, 00:38:26.180 |
that lots of startup companies, everybody else can do. 00:38:28.780 |
So that's, we really, that's one of our missions 00:38:33.400 |
is to be part of this industry and lower the cost to orbit 00:38:37.740 |
so that there can be a kind of a renaissance, 00:38:47.280 |
- I like how you said getting to orbit is a solved problem. 00:38:53.540 |
You know you can describe every single problem 00:39:07.740 |
Some of the greatest innovations and inventions 00:39:10.100 |
and brilliance is in that cost reduction stage, right? 00:39:15.060 |
And you've had a long career of cost reduction. 00:39:30.420 |
I don't know how many thousands of years ago, 00:39:40.280 |
And so it is a big deal to invent better ways. 00:39:52.420 |
on the manufacturing side, on the engineering side 00:40:03.300 |
and we'll do that in 2024, coming up in this coming year. 00:40:19.940 |
So consider if you wanna launch New Glenn 24 times a year, 00:40:30.060 |
since they're expendable, every twice a month, 00:40:36.340 |
So you need to have all of your manufacturing facilities 00:40:43.460 |
and acceptance tests and everything operating at rate. 00:40:47.760 |
And rate manufacturing is at least as difficult 00:41:05.340 |
if you're gonna launch the vehicle twice a month, 00:41:19.700 |
that you need to do that, all the right machine tools, 00:41:26.940 |
So it's one thing to build a first article, right? 00:41:33.740 |
for the first time, you need to produce a first article. 00:41:51.860 |
the third, and the fourth, and the fifth, and sixth. 00:41:53.140 |
- You can think of the first article as kind of pushing, 00:41:57.460 |
it pushes all of the rate manufacturing technology along. 00:42:02.460 |
You know, in other words, it's kind of the, you know, 00:42:09.060 |
that's testing out your manufacturing technologies. 00:42:18.980 |
I mean, the people who are designing the engines 00:42:21.740 |
and all of this, all of it is hard, for sure. 00:42:25.180 |
But the challenge right now is driving really hard 00:42:36.740 |
If you get to rate manufacturing in an inefficient way, 00:42:45.180 |
All this has to be about moving the state of the art forward. 00:42:50.100 |
I always tell people, look, if you are trying to make money, 00:42:53.220 |
you know, like start a salty snack food company 00:43:01.420 |
- Like, make the Lex Friedman potato chips, you know. 00:43:04.060 |
- Okay, don't say it, the people are gonna steal it. 00:43:10.820 |
It's like, there's nothing easy about this business, 00:43:17.100 |
It's fascinating, it's worthwhile, it's meaningful, 00:43:29.420 |
you're not gonna have accomplished something amazing. 00:43:34.140 |
- Even if you do make a lot of money out of it. 00:43:35.740 |
- Yeah, there's something fundamentally different 00:43:37.300 |
about the, quote unquote, business of space exploration. 00:43:44.100 |
- Yes, it's one of humanity's grand challenges, 00:43:47.620 |
and especially as you look at going to the moon 00:43:50.500 |
and going to Mars and building giant O'Neill colonies 00:43:57.180 |
I won't live long enough to see the fruits of this, 00:44:01.220 |
but the fruits of this come from building a road to space, 00:44:18.060 |
I didn't have to develop a transportation system 00:44:32.260 |
was already in place, and I could stand on its shoulders, 00:44:36.740 |
and that's why, when you look at the internet, 00:44:54.620 |
that's, you know, how people were accessing servers 00:44:57.500 |
and so on, and again, if that hadn't existed, 00:45:02.100 |
it would have been hundreds of billions of capex 00:45:13.020 |
if you look at the dynamism in the internet space 00:45:16.540 |
over the last 20 years, it's because, you know, 00:45:23.700 |
that could be successful and do amazing things 00:45:26.380 |
because they didn't have to build heavy infrastructure. 00:45:28.580 |
It was already there, and that's what I wanna do. 00:45:41.940 |
my, the generation that's my children and their children, 00:45:56.580 |
when you can have a really valuable space company 00:46:01.740 |
Then we know that we've built enough infrastructure 00:46:04.820 |
so that ingenuity and imagination can really be unleashed. 00:46:13.300 |
take all of this hard infrastructure building for granted. 00:46:29.140 |
You know, nobody thinks of Amazon as an invention anymore. 00:46:31.780 |
Nobody thinks of customer reviews as an event. 00:46:37.260 |
Same thing with one-click shopping and so on. 00:46:43.180 |
that's so used, so beneficially used by so many people 00:46:55.940 |
- That proves you're a very curious explorer. 00:47:03.240 |
As it stands now, are both the first test launch 00:47:16.220 |
and then we'll see if Escapade goes on that or not. 00:47:32.420 |
But you're optimistic that the launches will still-- 00:47:37.100 |
that the first launch of New Glenn will be in 2024, 00:48:03.060 |
A first launch, to have no nervousness about that 00:48:05.820 |
would be some sign of derangement, I think, so. 00:48:13.740 |
- We have done a tremendous amount of ground testing, 00:48:25.580 |
that we might find in flight have been resolved, 00:48:27.900 |
but there are some problems you can only find in flight. 00:48:37.020 |
- 100%, when the thing is fully assembled, it comes up. 00:48:44.420 |
Just the transporter erector for a rocket of this scale 00:49:00.700 |
- Speaking of which, if that makes you nervous, 00:49:06.460 |
but you were aboard New Shepard on its first crewed flight. 00:49:31.220 |
It was a difficult conversation to have with my mother 00:49:35.540 |
when I told her I was gonna go on the first one. 00:49:41.500 |
This is a tough conversation to have with a mom. 00:50:00.920 |
The people on the ground were very nervous for us. 00:50:05.180 |
It was actually one of the most emotionally powerful parts 00:50:15.220 |
happened even before the flight at 4.30 in the morning. 00:50:20.140 |
Brother and I are getting ready to go to the launch site 00:50:22.540 |
and Lauren is gonna take us there in her helicopter 00:50:26.560 |
And we go outside, outside the ranch house there 00:50:32.620 |
And all of our family, my kids and my brother's kids 00:50:37.220 |
and our parents and close friends are assembled there 00:50:50.440 |
maybe they think they're saying goodbye to us forever. 00:50:56.040 |
but it was obvious from their faces how nervous they were 00:51:00.340 |
And it was sort of powerful because it allowed us to see, 00:51:03.720 |
it was almost like attending your own memorial service 00:51:05.760 |
or something, like you could feel how loved you were 00:51:12.800 |
- Yeah, and I mean, there's just an epic nature to it too. 00:51:25.120 |
I don't know if it's because it's like a return to the womb 00:51:39.320 |
And then when people talk about the overview effect 00:51:51.600 |
If you're not an environmentalist, it will make you one. 00:51:59.800 |
and he said he realized you don't go to heaven when you die, 00:52:05.320 |
And it's just, that's the feeling that people get 00:52:09.600 |
You see all this blackness, all this nothingness, 00:52:34.560 |
Actually, as one human being, as a leader of a company, 00:52:38.840 |
on all fronts, what was that decision-making like? 00:52:48.140 |
I know the team who built it, I know the vehicle. 00:53:05.780 |
It's one of the hardest pieces of engineering 00:53:16.900 |
of the crew capsule so that if anything goes wrong 00:53:21.400 |
on ascent, while the main rocket engine is firing, 00:53:30.260 |
in the base of the crew capsule and escape from the booster. 00:53:35.260 |
It's a very challenging system to build, design, 00:53:42.240 |
It is the reason that I am comfortable letting anyone 00:53:47.320 |
So the booster is as safe and reliable as we can make it, 00:53:52.320 |
but we're harnessing, whenever you're talking 00:53:56.920 |
about rocket engines, I don't care what rocket engine 00:54:01.160 |
you're talking about, you are harnessing such vast power 00:54:10.060 |
The power density is so enormous that it is impossible 00:54:38.640 |
Gemini, et cetera, they all had escape systems. 00:54:50.040 |
So the solid rocket motor is actually embedded 00:54:52.200 |
in the base of the crew capsule and it pushes. 00:54:54.800 |
And it's reusable in the sense that if we don't use it, 00:54:58.840 |
so if we have a nominal mission, we land with it. 00:55:06.240 |
And so they get wasted even in a nominal mission. 00:55:09.200 |
And so again, cost really matters on these things. 00:55:12.240 |
So we figured out how to have the escape system 00:55:14.160 |
be a reusable, in the event that it's not used, 00:55:17.920 |
you can reuse it and have it be a pusher system. 00:55:35.240 |
And I thought to myself, look, if I am not ready to go, 00:55:43.460 |
A tourism vehicle has to be designed, in my view, 00:55:47.260 |
to have very, to be as safe as one can make it. 00:56:01.940 |
they do deep underwater scuba diving, and so on. 00:56:10.160 |
But it is something, because it's a tourism vehicle, 00:56:13.620 |
you have to do your utmost to eliminate those risks. 00:56:18.980 |
I think that's one of the reasons I was so calm inside. 00:56:26.340 |
- Who was in charge of engaging the escape system? 00:56:34.100 |
Automated is better because it can react so much faster. 00:56:38.460 |
- So yeah, for tourism, rockets, safety is a huge, 00:56:41.700 |
huge, huge priority for space exploration also, 00:56:46.700 |
- Yes, I mean, I think for, you know, if you're doing, 00:56:55.380 |
if you are, you know, engaging in real exploration. 00:57:02.500 |
I personally think we would accept more risk, 00:57:18.140 |
And it's one of the reasons that I left my role 00:57:29.900 |
And so I had always, when I was the CEO of Amazon, 00:57:45.940 |
I felt I had an obligation to all the stakeholders 00:57:59.260 |
And the reason, the primary reason I did that 00:58:03.260 |
is so that I could spend time on Blue Origin, 00:58:05.940 |
adding some, you know, energy, some sense of urgency. 00:58:09.540 |
We need to move much faster, and we're going to. 00:58:15.060 |
So there's, you've talked a lot of different ways 00:58:29.580 |
sort of distributing, making everybody autonomous 00:58:31.700 |
and self-reliant in terms, all those kinds of things. 00:58:37.380 |
- It does apply, and I'm leading this directly. 00:58:41.500 |
We are gonna become the world's most decisive company. 00:59:03.780 |
from the healthcare industry and want to know, 00:59:05.500 |
how did you guys, how are you so customer-obsessed? 00:59:08.300 |
How do you actually, not just pay lip service to that, 00:59:24.220 |
is we're gonna become the world's most decisive company. 00:59:40.820 |
You need people to be ambitious, technically ambitious. 00:59:44.620 |
You know, if there are five ways to do something, 00:59:47.460 |
we'll study them, but let's study them very quickly 00:59:56.620 |
I talk about one-way doors and two-way doors. 01:00:11.620 |
you walk out the door, you pick a door, you walk out, 01:00:20.180 |
Some decisions are so consequential and so important 01:00:32.500 |
And those decisions have to be made very deliberately, 01:00:40.340 |
to analyze the decision, you should slow down and do that. 01:00:57.300 |
I can think of three more ways to analyze that, 01:01:00.860 |
Because we are not gonna be able to reverse this one easily. 01:01:03.980 |
Maybe you can reverse it, but it's gonna be very costly 01:01:07.740 |
We really have to get this one right from the beginning. 01:01:10.540 |
And what happens, unfortunately, in companies, 01:01:15.540 |
what can happen is that you have a one-size-fits-all 01:01:23.940 |
where you end up using the heavyweight process 01:01:41.220 |
And one-way door decisions are the ones that, 01:01:48.580 |
the senior-most executives who should slow them down 01:01:52.180 |
and make sure that the right thing is being done. 01:01:56.700 |
is to know the difference between one-way and two-way. 01:02:00.740 |
- I mean, I think you mentioned Amazon Prime, 01:02:10.620 |
but it probably is, and it's a really big risk to go there. 01:02:27.140 |
You know, if you're gonna, once you make 'em, 01:02:31.060 |
choosing which propellants to use in a vehicle, 01:02:33.980 |
you know, selecting LNG for the booster stage 01:02:39.060 |
that has turned out to be a very good decision, 01:02:47.020 |
that would be a very, that would be a very big setback. 01:03:01.420 |
Most decisions should be made by single individuals, 01:03:18.980 |
So don't, so somebody brings up an idea to you, 01:03:33.660 |
- Yeah, disagree and commit is a really important principle 01:03:47.340 |
in business, in anybody where you have teammates, 01:03:51.380 |
you have a teammate and the two of you disagree. 01:03:57.420 |
And in companies, we tend to organize hierarchically. 01:04:01.060 |
So there's this, whoever's the more senior person 01:04:05.940 |
So ultimately, the CEO gets to make that decision. 01:04:15.460 |
I would be the one who would disagree and commit. 01:04:17.860 |
Some, one of my direct reports would very much 01:04:28.780 |
They would say, "Jeff, I think you're wrong, and here's why." 01:04:43.360 |
"And you're closer to the ground truth than I am. 01:05:10.580 |
I'm gonna try actively to help make sure it works. 01:05:36.300 |
And we have in our society and inside companies, 01:05:50.220 |
So an example of a really bad way of coming to agreement 01:05:57.240 |
So compromise, we're in a room here and I could say, 01:06:01.220 |
"Lex, how tall do you think this ceiling is?" 01:06:04.460 |
And you'd be like, "I don't know, Jeff, maybe 12 feet tall." 01:06:07.260 |
And I would say, "I think it's 11 feet tall." 01:06:18.500 |
Instead of, the right thing to do is to get a tape measure 01:06:22.260 |
or figure out some way of actually measuring. 01:06:27.100 |
and figure out how to get it to the top of the ceiling 01:06:34.700 |
as a resolution mechanism is that it's low energy. 01:06:41.300 |
And so in things like the height of the ceiling 01:06:53.980 |
that happens all the time is just who's more stubborn. 01:06:57.540 |
This is also, let's say two executives who disagree 01:07:23.340 |
I say never get to a point where you are resolving something 01:07:37.620 |
and such a terrible, lousy way to make a decision. 01:07:42.940 |
Because that ultimately leads to a high velocity. 01:07:52.700 |
is not truth-seeking, and compromise is not truth-seeking. 01:07:57.700 |
So it doesn't mean, and there are a lot of cases 01:08:02.300 |
and that's where disagree and commit can come in. 01:08:04.700 |
But it's, escalation is better than war of attrition. 01:08:18.860 |
We need you to make a decision here so we can move forward. 01:08:22.740 |
But decisiveness, moving forward quickly on decisions, 01:08:34.580 |
is taking too long to make decisions, at all skill levels. 01:08:39.100 |
So it has to be part of the culture to get high velocity. 01:08:50.460 |
And that's because the culture supports that. 01:08:55.740 |
to try to maximize the velocity of decisions. 01:08:59.740 |
- You mentioned the lunar program, let me ask you about that. 01:09:08.220 |
So in addition to the Artemis program with NASA, 01:09:15.180 |
There's a sexy picture on Instagram with one of them. 01:09:26.380 |
- Just to clarify, the lander is the sexy thing 01:09:36.820 |
- I love Bill, but yeah. - Thank you for clarifying. 01:09:50.820 |
It's an expendable lander, lands on the moon, stays there, 01:09:56.100 |
It can be launched on a single New Glenn flight, 01:10:28.100 |
that it's such a deep cryogen, it's not storable. 01:10:33.020 |
So it's constantly boiling off and you're losing propellant 01:10:39.060 |
And so what we're doing as part of our lunar program 01:10:46.620 |
that can actually make hydrogen a storable propellant 01:10:50.940 |
for deep space, and that's a real game changer. 01:10:53.980 |
It's a game changer for any high energy mission, 01:11:03.420 |
is the new Glenn can carry it from the surface of Earth 01:11:20.300 |
the Mark 2 lander, that's part of the Artemis program, 01:11:33.980 |
in a single stage configuration and then take off. 01:11:37.220 |
So the whole, if you look at the Apollo program, 01:11:41.580 |
the lunar lander in Apollo was really two stages. 01:11:49.460 |
on the surface of the moon and only the ascent stage 01:11:53.900 |
where it would rendezvous with the command module. 01:11:56.820 |
Here what we're doing is we have a single stage 01:11:59.660 |
lunar lander that carries down enough propellant 01:12:08.740 |
is to reduce cost so that you can make lunar missions 01:12:14.620 |
which is, that's one of NASA's big objectives 01:12:17.620 |
because this time, the whole point of Artemis 01:12:21.540 |
is go back to the moon, but this time to stay. 01:12:28.820 |
we went to the moon six times and then ended the program 01:12:49.180 |
can stay there for prolonged periods of time? 01:13:00.180 |
to manufacture commodities and even solar cells 01:13:09.300 |
that is completely made from lunar regolith stimulant 01:13:13.260 |
and this solar cell is only about 7% power efficient, 01:13:21.780 |
the more advanced solar cells that we make here on Earth. 01:13:33.900 |
and then the raw material for those solar cells 01:13:45.540 |
have lots of power on the surface of the moon. 01:13:48.020 |
That will make it easier for people to live on the moon. 01:13:58.300 |
So lunar regolith by weight has a lot of oxygen in it. 01:14:02.420 |
It's bound very tightly as oxides with other elements 01:14:12.700 |
So that also could work together with the solar cells. 01:14:19.820 |
we may be able to find practical quantities of ice 01:15:07.620 |
is we need to be able to land cargo and humans 01:15:13.060 |
on the surface of the moon at an acceptable cost. 01:15:21.740 |
on the moon and on Mars, one or the other or both? 01:15:29.820 |
I think it's probably something that gets done 01:15:32.300 |
by future generations by the time it gets to me. 01:15:34.660 |
I think in my lifetime, that's probably gonna be 01:15:40.580 |
Sadly, I would love to sign up for that mission. 01:15:50.100 |
But I think if we are placing reasonable bets 01:15:57.100 |
that will continue to be done by professional astronauts. 01:15:59.420 |
- Yeah, so these are risky, difficult missions. 01:16:02.300 |
- And probably missions that require a lot of training. 01:16:05.180 |
You are going there for a very specific purpose 01:16:15.580 |
and doing all that, we're sophisticated enough now 01:16:18.720 |
with automation that we probably don't need humans 01:16:23.680 |
So there's a lot that's gonna be done in both modes. 01:16:28.700 |
- So I have to ask the bigger picture question 01:16:31.620 |
about the two companies pushing humanity forward 01:16:36.400 |
out towards the stars, Blue Origin and SpaceX. 01:16:39.700 |
Are you competitors, collaborators, which, to what degree? 01:16:44.060 |
- Well, I would say, just like the internet is big 01:16:47.020 |
and there are lots of winners at all skill levels, 01:16:49.020 |
I mean, there are half a dozen giant companies 01:16:53.460 |
but they're a bunch of medium-sized companies 01:16:56.060 |
and a bunch of small companies, all successful, 01:17:13.480 |
And so SpaceX is gonna be successful, for sure. 01:17:20.160 |
and I hope there are another five companies right behind us. 01:17:30.760 |
and he was very positive about you as a person 01:17:38.080 |
You worked with a lot of leaders at Amazon, at Blue. 01:17:59.080 |
I mean, you may think you do, but I guarantee you don't. 01:18:12.760 |
There's no way you could have Tesla and SpaceX 01:18:25.800 |
shake hands, and sort of have a kind of friendship 01:18:30.120 |
that would inspire just the entirety of humanity, 01:18:32.480 |
'cause what you're doing is like one of the big, 01:18:56.080 |
- All right, going back to sexy pictures on your Instagram, 01:18:59.220 |
there's a video of you from the early days of Amazon 01:19:02.940 |
giving a tour of your, quote, sort of offices. 01:19:10.120 |
This is one of the giant orange extension cord, yeah. 01:19:15.020 |
of the extension cord, and how there's a desk, 01:19:18.940 |
and a CRT monitor, and sort of that's where the, 01:19:29.420 |
What was going through your mind at that time? 01:19:31.140 |
You left a good job in New York, and took this leap. 01:19:46.340 |
that I thought there was a 30% chance of success, 01:19:49.120 |
by which I just mean getting your money back, 01:20:03.020 |
but that doesn't mean you can't be optimistic. 01:20:05.060 |
So you kind of have to have this duality in your head, 01:20:07.700 |
like on the one hand, you know what the baseline statistics 01:20:11.700 |
say about startup companies, and the other hand, 01:20:19.540 |
And you're doing both things at the same time, 01:20:21.700 |
you're holding that contradiction in your head. 01:20:33.460 |
when we opened our doors, all the way until today, 01:20:40.500 |
And that doesn't mean, it's like full of pain, 01:20:46.580 |
there's so many things that need to be resolved, 01:20:57.840 |
I feel so grateful that I've been part of that journey. 01:21:04.720 |
- So in some sense, you don't want a single day of comfort. 01:21:16.400 |
So you wrote explaining the idea of day one thinking. 01:21:28.300 |
sad to say, is your last letter to shareholders as CEO. 01:22:08.500 |
Every day, you're deciding what you're gonna do. 01:22:45.560 |
It turns out we don't change those very often, 01:22:58.800 |
And the tenets are kind of, they're not principles. 01:23:03.000 |
They're a little more tactical than principles, 01:23:08.600 |
that we want this program to embody, whatever those are. 01:23:35.400 |
It doesn't mean you discard history or ignore it. 01:23:38.720 |
There's so much value in what has worked in the past. 01:23:42.360 |
But you can't be blindly following what you've done. 01:23:51.120 |
- And to the question of how to fend off day two, 01:23:53.840 |
you said, "Such a question can't have a simple answer," 01:23:58.080 |
"There will be many elements, multiple paths, 01:24:01.200 |
"I don't know the whole answer, but I may know bits of it. 01:24:10.620 |
Customer obsession, a skeptical view of proxies, 01:24:19.300 |
So we talked about high-velocity decision-making. 01:24:24.720 |
So maybe you can pick one that stands out to you 01:24:31.960 |
high-velocity decision-making, skeptical view of proxies. 01:24:38.200 |
because I think it's the one that is, maybe in some ways, 01:24:54.600 |
where you're, you know, you have an ongoing program 01:24:57.600 |
and something is underway for a number of years, 01:25:01.560 |
is you develop certain things that you're managing to. 01:25:04.680 |
Like, let's say, the typical case would be a metric. 01:25:08.000 |
And that metric isn't the real underlying thing. 01:25:11.880 |
And so, you know, maybe the metric is efficiency metric 01:25:17.880 |
around customer contacts per unit sold or something. 01:25:29.760 |
And so what happens is a little bit of a kind of inertia 01:25:44.780 |
customer returns per unit sold as an important metric. 01:25:49.780 |
But they had a reason why they chose that metric, 01:26:08.400 |
But that metric is not actually customer happiness. 01:26:20.200 |
Five years later, a kind of inertia can set in 01:26:25.200 |
and you forget the truth behind why you were watching 01:26:33.580 |
And now that proxy isn't as valuable as it used to be, 01:26:58.320 |
only in so much as it actually affects customer happiness. 01:27:09.140 |
It's very common, especially in large companies, 01:27:19.340 |
And the world may have shifted out from under them a little. 01:27:22.220 |
And the metrics are no longer as relevant as they were 01:27:25.420 |
when somebody 10 years earlier invented the metric. 01:27:29.360 |
- That is a nuance, but that's a big problem, right? 01:27:56.860 |
and you're not really sure why they were invented 01:28:00.420 |
they're still as relevant as they used to be. 01:28:05.300 |
who brings up the point that this proxy might be outdated? 01:28:19.940 |
- This is such, you have just asked a million dollar question 01:28:24.180 |
so this is, if I generalize what you're asking, 01:28:29.180 |
you're talking in general about truth telling. 01:28:35.100 |
- And we humans are not really truth-seeking animals. 01:28:48.940 |
If you go along to get along, you can survive. 01:28:57.980 |
you might get clubbed to death in the middle of the night. 01:29:01.060 |
Truths are often, they don't want to be heard 01:29:05.220 |
'cause important truths can be uncomfortable, 01:29:29.220 |
any high-performing organization has to have mechanisms 01:29:46.580 |
You have to remind people it's okay that it's uncomfortable. 01:29:53.140 |
it's not what we're designed to do as humans. 01:30:24.060 |
you find that it's hard to tell the truth, right? 01:30:27.720 |
Even, you know, you're supposed to have a hypothesis, 01:30:31.460 |
test it, and find data, and reject the hypothesis, 01:30:36.660 |
- But even in science, there's like the senior scientists 01:30:43.900 |
where the somehow seniority-- - It's still social. 01:30:46.180 |
- Somehow seniority matters in the scientific process, 01:30:57.740 |
can overrule the most senior person, if they have data. 01:31:03.620 |
And that really is about trying to, you know, 01:31:10.460 |
So for example, in every meeting that I attend, 01:31:28.280 |
highly intelligent, high-judgment participants 01:31:47.160 |
if you're the most senior person in the room, go last, 01:31:55.120 |
let's try to have the most junior person go first 01:31:57.680 |
and the second, then try to go in order of seniority 01:32:05.600 |
in a kind of unfiltered way, because we really do. 01:32:11.240 |
If somebody who you really respect says something, 01:32:17.360 |
- So you're saying implicitly or explicitly give permission 01:32:29.440 |
by the way, a lot of our most powerful truths 01:32:38.560 |
And sometimes you don't even have strong data, 01:32:47.600 |
It may resonate with a set of anecdotes you have. 01:32:58.720 |
Let's try to see if we can actually know whether it's right. 01:33:02.720 |
But for now, let's not disregard it 'cause it feels right." 01:33:09.800 |
Like if there are two interpretations of a new set of data 01:33:14.040 |
and one of 'em is happy and one of 'em is unhappy, 01:33:17.360 |
it's a little dangerous to jump to the conclusion 01:33:23.280 |
You may want to sort of compensate for that human bias 01:33:32.920 |
but I'm gonna go with it's bad for now until we're sure." 01:33:45.360 |
You have to tell me the story of the call you made, 01:33:57.280 |
- Yeah, this is very early in the history of Amazon. 01:34:00.880 |
And we were going over a weekly business review 01:34:08.640 |
which is when the data and the anecdotes disagree, 01:34:20.760 |
'Cause it's usually not that the data is being miscollected. 01:34:25.760 |
It's usually that you're not measuring the right thing. 01:34:31.080 |
if you have a bunch of customers complaining about something 01:34:36.920 |
your metrics look like why they shouldn't be complaining, 01:34:46.760 |
was we had metrics that showed that our customers 01:34:51.040 |
were waiting, I think, less than, I don't know, 60 seconds. 01:34:59.080 |
the wait time was supposed to be less than 60 seconds. 01:35:09.320 |
Like, you know, I would call customer service myself. 01:35:29.560 |
Picked up the phone, and I dialed the 1-800 number 01:35:34.860 |
And we just waited in silence for a few minutes. 01:35:40.100 |
- Oh, it was really long, more than 10 minutes, I think. 01:35:45.300 |
And so, you know, it dramatically made the point 01:35:47.740 |
that something was wrong with the data collection. 01:35:51.940 |
And that, you know, set off a whole chain of events 01:35:55.960 |
And that's an example, by the way, of truth-telling, 01:35:59.800 |
is like, that's an uncomfortable thing to do. 01:36:03.400 |
But you have to seek truth, even when it's uncomfortable. 01:36:12.120 |
and they have to get energized around really fixing things. 01:36:19.720 |
So one of the defining aspects of your approach to Amazon 01:36:23.440 |
is just being obsessed with making customers happy. 01:36:34.240 |
I think there's something really profound to that, 01:36:37.080 |
which is seeing the world through the eyes of the customer, 01:36:39.760 |
like the customer experience, the human being 01:36:42.440 |
that's using the product, that's enjoying the product, 01:36:46.520 |
like what they're, like the subtle little things 01:36:53.860 |
- This is another really good and kind of deep question, 01:37:10.040 |
Internally into Amazon, we call them paper cuts. 01:37:12.480 |
So we have, we're always working on the big things. 01:37:25.020 |
if anybody listening to this is an entrepreneur, 01:37:30.720 |
think about the things that are not going to change 01:37:35.500 |
over 10 years, and those are probably the big things. 01:37:38.540 |
So like, I know in our retail business at Amazon, 01:37:45.900 |
I know they're still gonna want fast delivery, 01:37:47.820 |
and I just know they're still gonna want big selection. 01:37:56.900 |
"I just wish the prices were a little higher." 01:38:05.760 |
you can tell they're worth putting energy into, 01:38:12.000 |
But you're asking about something a little different, 01:38:18.520 |
it's astonishingly hard to focus even on just the big things. 01:38:27.080 |
But in addition to that, there are all these little, 01:38:37.320 |
and then we have dedicated teams that go fix paper cuts, 01:38:49.920 |
They never work their way down the list to get to, 01:38:53.480 |
they're working on big things, as they should, 01:39:04.720 |
- Where would you put, on the paper cut spectrum, 01:39:15.040 |
My interaction with things I love on the internet. 01:39:23.080 |
I would love for those things to be frictionless. 01:39:41.000 |
That just fundamentally makes my life better. 01:39:49.960 |
- Yeah, cognitive load and inner peace and happiness. 01:39:53.720 |
First of all, buying stuff is a pleasant experience. 01:40:05.680 |
it's somehow, you're ruining a beautiful experience. 01:40:14.960 |
is that a paper cut, a solution to a paper cut? 01:40:18.480 |
So, that particular thing is probably a solution 01:40:23.200 |
So, if you go back and look at our order pipeline 01:40:36.000 |
And that invention eliminated a bunch of paper cuts. 01:40:40.520 |
And I think you're absolutely right, by the way, 01:40:44.180 |
that when you come up with something like one click shopping, 01:41:03.840 |
for the perfect moment, in the perfect context, 01:41:45.760 |
and it's mostly collective writings of yours. 01:41:49.640 |
I also recommend people check out "The Founders" podcast 01:41:52.520 |
that covers you a lot, and it does different analysis 01:41:56.760 |
of different business advice you've given over the years. 01:41:59.960 |
- I bring all that up because I saw that there, 01:42:03.420 |
I mentioned that you said that books are an antidote 01:42:11.840 |
but that when you were thinking about the Kindle, 01:42:15.240 |
that you're thinking about how technology changes us. 01:42:26.520 |
So we invent new tools, and then our tools change us. 01:42:33.600 |
- And there's some aspect, even just inside business, 01:42:37.600 |
where you don't just make the customer happy, 01:42:50.480 |
Brains are plastic, and you can feel your brain 01:42:57.360 |
I remember the first time this happened to me 01:43:04.680 |
I'm sure you've had, anybody who's been a game player 01:43:07.100 |
has this experience where you close your eyes 01:43:16.080 |
and you're kind of rotating them in your mind, 01:43:18.480 |
and you can just tell as you walk around the world 01:43:21.080 |
that you have rewired your brain to play Tetris. 01:43:32.920 |
we still have yet to see the full repercussions of this, 01:43:44.220 |
is we have trained our brains to be really good 01:44:02.920 |
And we all do more of, if something is convenient, 01:44:17.360 |
And one of the things that phone does, for the most part, 01:44:23.120 |
Because most of the things we do on our phone 01:44:27.640 |
And I'm not even gonna say we know for sure that that's bad, 01:44:31.760 |
It's one of the ways we're co-evolving with that tool. 01:44:34.780 |
But I think it's important to spend some of your time 01:44:38.520 |
and some of your life doing long attention-span things. 01:44:41.560 |
- Yeah, I think you've spoken about the value 01:44:45.980 |
of singular focus on a thing for prolonged periods of time. 01:44:52.800 |
And that's certainly what that piece of technology does. 01:45:00.920 |
that has the potential to have various trajectories 01:45:22.900 |
And these are incredibly powerful technologies. 01:45:27.900 |
To believe otherwise is to bury your head in the sand, 01:45:35.740 |
It's interesting to me that large language models 01:46:09.040 |
And so, this is closer on that spectrum of invention. 01:46:13.200 |
You know, we know exactly what happens with a 787. 01:46:20.240 |
we know how it behaves, we don't want any surprises. 01:46:24.160 |
Large language models are much more like discoveries. 01:46:28.640 |
We're constantly getting surprised by their capabilities. 01:46:39.040 |
about whether they're gonna be good for humanity 01:46:55.760 |
that can make, you know, certain weapons of war 01:47:00.760 |
that could be incredibly destructive and very powerful. 01:47:05.920 |
they're just, they could just be very smart weapons. 01:47:09.340 |
And so, we have to think about all of those things. 01:47:20.160 |
So, even in the face of all this uncertainty, 01:47:29.320 |
are much more likely to help us and save us even 01:47:35.040 |
than they are to, on balance, hurt us and destroy us. 01:47:39.160 |
I think, you know, we humans have a lot of ways of, 01:47:45.360 |
These things may help us not do that, you know. 01:47:48.000 |
So, we may actually, they may actually save us. 01:47:50.940 |
So, the people who are, you know, overly concerned, 01:47:54.160 |
in my view, overly concerned, it's a valid debate. 01:47:57.140 |
I think that they may be missing part of the equation, 01:48:05.960 |
I don't know if you saw the movie "Oppenheimer," 01:48:17.720 |
is this bureaucrat, played by Robert Downey Jr., 01:48:22.120 |
who, you know, some of the people I've talked to 01:48:23.600 |
think that's the most boring part of the movie. 01:48:36.400 |
powerful technologies called nuclear weapons, 01:48:52.420 |
- We're, you know, and that's what he represented 01:48:58.940 |
he wrongly thinks, he's like, being so petty, 01:49:04.960 |
that Oppenheimer said something bad to Einstein about him. 01:49:09.640 |
as you find out in the final scene of the movie, 01:49:12.200 |
and yet he spent his career trying to be vengeful 01:49:21.320 |
We as a species are not really sophisticated enough 01:49:26.320 |
and mature enough to handle these technologies, 01:49:32.400 |
and so, and by the way, before you get to general AI 01:49:38.920 |
and there's a lot of things that would have to happen, 01:49:40.440 |
but there's so much benefit that's gonna come 01:49:49.320 |
in terms of better medicines and better tools 01:49:54.800 |
so I think it's an incredible moment to be alive 01:49:59.800 |
and to witness the transformations that are gonna happen. 01:50:06.200 |
I think we're gonna see really remarkable advances, 01:50:16.920 |
that we don't know the limits of what's possible 01:50:24.920 |
- And like, it could be a few tricks and hacks 01:50:33.320 |
- We do know that humans are doing something different 01:50:44.560 |
You know, the human brain does remarkable things, 01:50:51.940 |
and, you know, the AI techniques we use today 01:50:55.740 |
use many kilowatts of power to do equivalent tasks, 01:51:08.040 |
they have to drive billions and billions of miles 01:51:12.600 |
and, you know, your average 16-year-old figures it out 01:51:16.180 |
with many fewer miles, so there are still some tricks, 01:51:25.640 |
I don't think it's just a question of scaling things up, 01:51:30.120 |
but what's interesting is that just scaling things up, 01:51:34.560 |
because it's actually hard to scale things up, 01:51:40.320 |
- Yeah, and there's some more nuanced aspects 01:52:01.640 |
are very good at sounding like they're saying a true thing, 01:52:06.640 |
but they don't require or often have a grounding 01:52:14.040 |
It can just, like, basically is a very good bullshitter. 01:52:19.320 |
if there's not enough sort of data in the training data 01:52:25.520 |
it's just going to concoct accurate-sounding narratives, 01:52:30.320 |
which is a very fascinating problem to try to solve. 01:52:37.080 |
to infer what is true or not, to sort of introspect? 01:52:46.120 |
And I know several humans who could be taught that as well. 01:52:56.640 |
The other open question is what kind of products 01:53:08.640 |
and Alexa has, you know, hundreds of millions 01:53:15.080 |
And so there's this, you know, there's Alexa everywhere, 01:53:24.120 |
from a product point of view, that's super exciting. 01:53:30.080 |
Shopping assistant, you know, all that stuff is amazing. 01:53:46.640 |
they want to be able to use these powerful models 01:53:51.640 |
without accidentally contributing their corporate data 01:53:57.880 |
- So those are the tools we're building for them 01:54:05.680 |
of how to, 'cause so much value can be gained 01:54:13.520 |
- This is a very challenging technical problem, 01:54:32.200 |
- If you look at the spectrum of human variety 01:54:35.520 |
and what people like, you know, sexual variety. 01:54:39.080 |
- You know, there are people who like everything. 01:54:40.800 |
So the answer to your question has to be yes. 01:54:43.920 |
- I don't know how-- - I guess I'm asking when. 01:54:49.200 |
- I was just asking when for a friend, but it's all right. 01:55:01.440 |
You're one of the most productive humans in the world. 01:55:03.880 |
- Well, first of all, I get up in the morning 01:55:14.480 |
I'm not as productive as you might think I am. 01:55:19.480 |
and I sort of, you know, I read my phone for a while. 01:55:25.820 |
I chat with Laura and I drink my first coffee. 01:55:44.240 |
Some days it's really hard and I do it anyway. 01:55:59.680 |
- What's your source of motivation in those moments? 01:56:02.360 |
- I know that I'll feel better later if I do it. 01:56:21.320 |
You want, ideally, you know, you want to be healthy 01:56:29.740 |
but that kind of motivation is so far in the future, 01:56:37.080 |
I'll feel better in about four hours if I do it now. 01:56:42.720 |
- What's your exercise routine just to linger on that? 01:57:01.420 |
resistance training of some kind, mostly weights. 01:57:32.240 |
- So it's helpful to have somebody push you a little bit. 01:57:36.800 |
- I do, almost every day I do a little bit of cardio 01:57:40.600 |
and a little bit of weightlifting and I'd rotate, 01:57:44.000 |
I do a pulling day and a pushing day and a leg day. 01:57:53.960 |
What do the productive hours look like for you? 01:58:08.480 |
I am working so hard and I'm mostly enjoying it, 01:58:18.800 |
and I've been, I'm so deeply involved here now 01:58:21.380 |
for the last couple of years and in the big, I love it. 01:58:27.600 |
You know, we're trying to get to rate manufacturing 01:58:34.440 |
for close to 15 years now, a guy named Dave Limp 01:59:24.960 |
That's important, but it's also my least favorite part. 01:59:29.400 |
You don't always get to do what you wanna do. 01:59:31.580 |
- How do you achieve time where you can focus 01:59:38.880 |
So this is not the only, I can do that all day long. 01:59:49.960 |
Like my meetings often go longer than I plan for them to 01:59:55.960 |
My perfect meeting starts with a crisp document. 01:59:59.360 |
So the document should be written with such clarity 02:00:08.140 |
And so the meeting is about like asking questions 02:00:14.280 |
and trying to like wander your way to a solution. 02:00:34.140 |
And you get real breakthroughs in meetings like that. 02:00:37.200 |
- Can you actually describe the crisp document? 02:00:39.360 |
Like this is one of the legendary aspects of Amazon, 02:00:51.440 |
- Meetings at Amazon and Blue Origin are unusual. 02:01:11.600 |
For 30 minutes, we sit there silently together 02:01:14.800 |
in the meeting and read, take notes in the margins. 02:01:28.920 |
But the problem is people don't have time to do that. 02:01:38.600 |
And they're also bluffing like they were in college 02:01:43.900 |
- It's better just to carve out the time for people. 02:01:50.140 |
And now we can have a really elevated discussion. 02:01:56.680 |
you know, a PowerPoint presentation of some kind, 02:02:07.720 |
And internally, the last thing you wanna do is sell. 02:02:17.200 |
is it's easy for the author and hard for the audience. 02:02:25.720 |
A good six-page memo might take two weeks to write. 02:02:37.560 |
So the author, it's really a very difficult job. 02:02:50.040 |
You know, senior executives interrupt with questions 02:02:54.280 |
That question's gonna be answered on the next slide, 02:02:57.840 |
Whereas if you read the whole memo in advance, 02:03:06.720 |
because by the time I get to the end of the memo, 02:03:15.400 |
we talked earlier about, you know, groupthink 02:03:20.240 |
and, you know, the fact that I go last in meetings 02:03:24.400 |
your ideas to kind of pollute the meeting prematurely. 02:03:39.280 |
But that's great 'cause it makes them really good. 02:03:45.320 |
and you're not trompling on them accidentally 02:03:49.840 |
- What's that feel like when you've authored a thing 02:04:03.840 |
- I think it's terrifying in a productive way. 02:04:43.580 |
So it does, it forces the author to be at their best. 02:04:50.160 |
they're getting somebody's really their best thinking. 02:04:53.260 |
And then you don't have to spend a lot of time 02:04:55.380 |
trying to tease that thinking out of the person. 02:05:00.240 |
And so it really saves you time in the long run. 02:05:13.040 |
you're trying to solve a really hard problem. 02:05:16.980 |
which we call weekly business reviews or business reviews. 02:05:19.800 |
They may be weekly or monthly or daily, whatever they are. 02:05:37.200 |
which is a good time to ask about the 10,000 year clock. 02:05:49.400 |
Can you explain what the 10,000 year clock is? 02:05:51.920 |
- 10,000 year clock is a physical clock of monumental scale. 02:06:00.280 |
in a chamber that's about 12 feet in diameter 02:06:20.180 |
think of the 10,000 year clock as it ticks once a year. 02:06:30.300 |
and the cuckoo comes out once every 1,000 years. 02:06:47.940 |
It's in a remote location, both to protect it, 02:06:51.500 |
but also so that visitors have to kind of make a pilgrimage. 02:07:02.660 |
but over time it will take on the patina of age 02:07:06.600 |
and then it will become a symbol for long-term thinking 02:07:26.640 |
You know, we're really affecting the planet now. 02:07:40.800 |
You know, the unintended consequences of some of our actions 02:07:45.520 |
putting carbon in the atmosphere is a perfect example. 02:07:56.600 |
We need to be, we need to start training ourselves 02:08:02.160 |
You can literally solve problems if you think long-term 02:08:06.060 |
that are impossible to solve if you think short-term. 02:08:09.040 |
And we aren't really good at thinking long-term. 02:08:21.260 |
And we probably need to stretch that to 10 years 02:08:33.200 |
And so the clock is, in a way, it's an art project. 02:08:40.220 |
And if it ever has any power to influence people 02:08:47.540 |
but we have to, you know, we're gonna build it now 02:08:57.360 |
But, you know, the United States won't exist. 02:09:12.700 |
- And the increasing rate of progress makes that even-- 02:09:18.100 |
What, you know, how will we have changed ourselves 02:09:25.620 |
- On that grand scale, a human life feels tiny. 02:09:32.500 |
- No, I'm, you know, I used to be afraid of death. 02:09:36.820 |
I did, I, like, my, like, I remember as a young person 02:09:40.480 |
being kind of, like, very scared of mortality. 02:09:44.880 |
Like, didn't want to think about it and so on 02:09:47.020 |
and always had a big, and as I've gotten older, 02:09:56.180 |
I don't, you know, I would like to stay alive 02:10:08.100 |
I want to, you know, I want to be healthy, healthy, healthy 02:10:13.720 |
But, and I'm curious, I want to see how things turn out. 02:10:22.820 |
and I want to, I'm curious about them and I want to see. 02:10:28.220 |
but it's, mortality doesn't have that effect on me 02:10:33.220 |
that it did, you know, maybe when I was in my 20s. 02:10:40.940 |
one of the most incredible companies in history 02:10:43.100 |
and thank you for trying your best to make humans 02:11:08.140 |
please check out our sponsors in the description. 02:11:15.020 |
Be stubborn on vision, but flexible on the details. 02:11:19.100 |
Thank you for listening and hope to see you next time.