Best Of The Web
“Unlike America’s other tech giants, Amazon doesn’t have a traditional campus. The 45,000 or so employees and executives in Seattle, out of 575,000 worldwide, fan across numerous high-rises downtown and in the South Lake Union neighborhood. Amazon’s “headquarters” defaults to where Jeff Bezos, the company’s founder and CEO, happens to be, currently Day 1 Tower. Its name comes from a perpetual Bezos maxim: that, relatively, we’re still at “day one” of the internet—and, by extension, that Amazon is just getting started.
That’s getting harder to say with a straight face, with sales, profits and the stock price all soaring, the latter up 270% over three years and 103% in the past 12 months. Amazon is closing in on Apple to become the world’s most valuable company, and Bezos, whose personal net worth approaches $160 billion, has in the process become the planet’s richest person, by far.
Nevertheless, Bezos talks about Amazon like it’s a giddy startup that just closed its Series A. “For all practical purposes, the market size is unconstrained,” says Bezos, his rolled-up sleeves showing off Popeye-like forearms, the product of midlife weight training that has produced buzzed-about results for the 54-year-old. His growth rationale comes from a “super-lucky” confluence: The retail market, Amazon’s original quarry, is “many trillions,” as is, he says, the cloud market that Amazon Web Services (AWS) pioneered. “There are different businesses where the market is limited,” adds the man whose company should hit $210 billion in revenue this year. “But we just don’t have that issue.”
JJ Best Of The Web
"The erosion of academic freedom on China’s campuses is directly linked with the increasingly repressive political environment outside the universities. This dynamic is quite clear with respect to labor issues."
"Trump is both too populist and not populist enough. His populism is largely, although not entirely, a matter of style — combative, lacerating, emotive, unpredictable and grandiose."
"Ultra-Orthodox communities are increasingly divided, with a small but growing number of young people openly defying their rabbis and voting for non-Haredi candidates – with major implications for the Diaspora."
"After 35 years as the host of Jeopardy! it’s hard to imagine that the 78-year-old Trebek, who caused fans’ hearts to skip a beat earlier this year when he suggested he might retire in 2020..."
"Generally, people work for employers, whether private organizations or government agencies, because employees add enough value to sustain their wages and still benefit the employer. Under a job guarantee, creating value is an afterthought."
"The first pig-to-human skin graft using live cells is set to take place this month in Boston. At the same time, Tector is readying a clinical trial in which he will install his triple-knockout pigs’ kidneys in dialysis patients..."
"Podcasting is a peculiarly intimate medium. Usually transmitted through headphones to a solitary listener, or played over the car stereo during a commute, an audio narrative can be immersive..."
"The children’s literary canon is sinking into the muck of identity politics, with grievance-studies devotees seeking to either “de-platform” older books, or teach them through the single-issue lens of grievances studies."
"People whose mothers have been married multiple times or have lived with multiple romantic partners are more likely to do so themselves... The longer people are exposed to their mother’s cohabitation, the more sexual partners they tend to have."
"As the Bible tells us, “The truth will set you free.” If you have ever met someone (literally, anyone) from California, you know that In-N-Out is actually a cult for which the pain of defecting is death."
"Mutations allowing humans to live at high altitudes have become more common in populations in Tibet, Ethiopia, and the Andes. The spread of genetic mutations in Tibet is possibly the fastest evolutionary change in humans..."
"The Hebrew Bible tends to regard idol worship as the sin par excellence. To Scott Shay, there is an underlying connection between hatred of Jews and Judaism’s rejection of the idolatrous worldview..."