All language subtitles for The.Billionnaires.Who.Made.Our World.S01E03.Jeff.Bezos.1080p.ALL4.WEB-DL.AAC2.0.H.264-BTN

af Afrikaans
ak Akan
sq Albanian
am Amharic
ar Arabic
hy Armenian
az Azerbaijani
eu Basque
be Belarusian
bem Bemba
bn Bengali
bh Bihari
bs Bosnian
br Breton
bg Bulgarian
km Cambodian
ca Catalan
ceb Cebuano
chr Cherokee
ny Chichewa
zh-CN Chinese (Simplified)
zh-TW Chinese (Traditional)
co Corsican
hr Croatian
cs Czech
da Danish
nl Dutch
en English
eo Esperanto
et Estonian
ee Ewe
fo Faroese
tl Filipino
fi Finnish
fr French
fy Frisian
gaa Ga
gl Galician
ka Georgian
de German
el Greek
gn Guarani
gu Gujarati
ht Haitian Creole
ha Hausa
haw Hawaiian
iw Hebrew
hi Hindi
hmn Hmong
hu Hungarian
is Icelandic
ig Igbo
id Indonesian
ia Interlingua
ga Irish
it Italian
ja Japanese
jw Javanese
kn Kannada
kk Kazakh
rw Kinyarwanda
rn Kirundi
kg Kongo
ko Korean
kri Krio (Sierra Leone)
ku Kurdish
ckb Kurdish (Soranî)
ky Kyrgyz
lo Laothian
la Latin
lv Latvian
ln Lingala
lt Lithuanian
loz Lozi
lg Luganda
ach Luo
lb Luxembourgish
mk Macedonian
mg Malagasy
ms Malay
ml Malayalam
mt Maltese
mi Maori
mr Marathi
mfe Mauritian Creole
mo Moldavian
mn Mongolian
my Myanmar (Burmese)
sr-ME Montenegrin
ne Nepali
pcm Nigerian Pidgin
nso Northern Sotho
no Norwegian
nn Norwegian (Nynorsk)
oc Occitan
or Oriya
om Oromo
ps Pashto
fa Persian
pl Polish
pt-BR Portuguese (Brazil)
pt Portuguese (Portugal)
pa Punjabi
qu Quechua
ro Romanian
rm Romansh
nyn Runyakitara
ru Russian
sm Samoan
gd Scots Gaelic
sr Serbian
sh Serbo-Croatian
st Sesotho
tn Setswana
crs Seychellois Creole
sn Shona
sd Sindhi
si Sinhalese
sk Slovak
sl Slovenian
so Somali
es Spanish Download
es-419 Spanish (Latin American)
su Sundanese
sw Swahili
sv Swedish
tg Tajik
ta Tamil
tt Tatar
te Telugu
th Thai
ti Tigrinya
to Tonga
lua Tshiluba
tum Tumbuka
tr Turkish
tk Turkmen
tw Twi
ug Uighur
uk Ukrainian
ur Urdu
uz Uzbek
vi Vietnamese
cy Welsh
wo Wolof
xh Xhosa
yi Yiddish
yo Yoruba
zu Zulu
Would you like to inspect the original subtitles? These are the user uploaded subtitles that are being translated: 1 00:00:02,000 --> 00:00:04,760 This is the original sign that I made for Amazon.com. 2 00:00:04,800 --> 00:00:08,000 Blue spray paint on white posterboard. 3 00:00:08,040 --> 00:00:11,080 The footage of the early Jeff Bezos with the Amazon.com 4 00:00:11,120 --> 00:00:12,960 spray painted on the wall 5 00:00:13,000 --> 00:00:14,840 shows this person who looks completely different 6 00:00:14,880 --> 00:00:16,440 than what the man looks like today. 7 00:00:16,480 --> 00:00:18,960 One of the people I really like, Thomas Edison, 8 00:00:19,000 --> 00:00:22,280 here's a model of his original light bulb. 9 00:00:22,320 --> 00:00:27,760 He is famous for saying 1% inspiration, 99% perspiration. 10 00:00:27,800 --> 00:00:29,480 HE LAUGHS 11 00:00:29,520 --> 00:00:32,280 Just this nerdy guy in this scrappy company. 12 00:00:33,640 --> 00:00:37,720 But decades later, when you think about the scale and the power 13 00:00:37,760 --> 00:00:40,440 Jeff Bezos has, it's enormous, 14 00:00:40,480 --> 00:00:42,920 and I don't think we've ever seen that in humanity. 15 00:00:42,960 --> 00:00:46,520 His end goal is not the money, but his place in history. 16 00:00:46,560 --> 00:00:48,760 Like, he wakes up in the morning and he thinks, 17 00:00:48,800 --> 00:00:51,160 "You know, I'm king of Earth." 18 00:00:51,200 --> 00:00:52,920 And he has now become a king. 19 00:00:52,960 --> 00:00:55,480 JOURNALISTS SHOUT 20 00:00:57,640 --> 00:01:01,800 The transformation of Jeff Bezos has been extraordinary. 21 00:01:01,840 --> 00:01:04,960 Jeff, in the corner, please. Jeff, in the corner, please. 22 00:01:05,000 --> 00:01:08,080 Bezos has become a caricature of what it's like 23 00:01:08,120 --> 00:01:11,080 to be worth ¤200 billion. 24 00:01:13,000 --> 00:01:14,760 Blast off into space. 25 00:01:16,480 --> 00:01:18,520 A tabloid divorce. 26 00:01:18,560 --> 00:01:20,120 Mr Bezos! 27 00:01:20,160 --> 00:01:23,960 Jeff's ambition was to be number one. 28 00:01:26,200 --> 00:01:28,400 Power reveals who you really are 29 00:01:28,440 --> 00:01:31,840 and he revealed himself as somebody who was extremely ruthless. 30 00:01:31,880 --> 00:01:35,880 Why on earth would they compare your company to a drug dealer? 31 00:01:35,920 --> 00:01:38,840 I completely disagree with that characterisation. 32 00:01:40,360 --> 00:01:41,760 If Jeff Bezos were here right now, 33 00:01:41,800 --> 00:01:43,680 I'd say, "What's the matter with you?" 34 00:01:55,080 --> 00:01:57,640 You're raised to have this American dream. 35 00:01:57,680 --> 00:02:00,080 You go to work, you work hard, 36 00:02:00,120 --> 00:02:01,720 become rich one day, 37 00:02:01,760 --> 00:02:05,520 and then you live this lavish lifestyle. 38 00:02:07,400 --> 00:02:09,400 But then you realise that's just not true. 39 00:02:15,200 --> 00:02:17,040 I have twins. One boy, one girl. 40 00:02:17,080 --> 00:02:21,080 They're nine years old now, but at the time they were small. 41 00:02:21,120 --> 00:02:22,920 I wasn't making that much money, 42 00:02:22,960 --> 00:02:25,040 so having the opportunity at Amazon, 43 00:02:25,080 --> 00:02:27,640 that was more convenient for me and my family. 44 00:02:28,960 --> 00:02:30,560 My name is Chris Smalls. 45 00:02:31,520 --> 00:02:34,640 I worked at Amazon for nearly five years. 46 00:02:34,680 --> 00:02:37,080 I worked hard, got promoted up in less than a year 47 00:02:37,120 --> 00:02:39,040 to assistant manager. 48 00:02:39,080 --> 00:02:41,640 My job required to pick the customer's items 49 00:02:41,680 --> 00:02:45,480 in a timely manner at a rate at about 400 items an hour. 50 00:02:47,640 --> 00:02:51,360 These warehouses hold anywhere between 3 to 6,000 people. 51 00:02:52,840 --> 00:02:54,840 It's very stressful on your body physically 52 00:02:54,880 --> 00:02:56,760 and of course mentally, as well. 53 00:02:59,440 --> 00:03:01,840 I've seen good people get fired for no reason. 54 00:03:01,880 --> 00:03:03,840 I've seen good people quit for no reason. 55 00:03:05,440 --> 00:03:07,120 I've seen a lot of injuries. 56 00:03:08,080 --> 00:03:10,520 I always stood with the workers at entry level. 57 00:03:10,560 --> 00:03:13,280 I think management saw that as a threat. 58 00:03:14,560 --> 00:03:17,360 But I'm not going to allow this company to just crush me 59 00:03:17,400 --> 00:03:19,440 and get away with it. 60 00:03:19,480 --> 00:03:23,080 Amazon is, you know, one of the powerful entities 61 00:03:23,120 --> 00:03:24,880 of modern-day history. 62 00:03:26,080 --> 00:03:27,840 My message to Jeff Bezos is simple - 63 00:03:27,880 --> 00:03:29,480 it's going to be Amazon versus the people. 64 00:03:35,280 --> 00:03:39,040 Today, Amazon is one of the biggest companies in the world, 65 00:03:39,080 --> 00:03:44,400 giving Jeff Bezos a fortune of over ¤120 billion. 66 00:03:44,440 --> 00:03:48,040 He's currently the third richest man on earth. 67 00:03:49,920 --> 00:03:51,960 CHEERING AND APPLAUSE 68 00:03:52,000 --> 00:03:54,680 Thank you very much. 69 00:03:54,720 --> 00:03:59,400 You are a captain of industry - Amazon.com, 70 00:03:59,440 --> 00:04:01,560 private spaceflight with Blue Origin, 71 00:04:01,600 --> 00:04:03,360 The Washington Post, 72 00:04:03,400 --> 00:04:08,640 levels of, you know, fame and wealth that are hard to comprehend. 73 00:04:08,680 --> 00:04:12,680 One thing, what would you say is your favourite part 74 00:04:12,720 --> 00:04:14,920 of having me as a little brother? 75 00:04:14,960 --> 00:04:17,240 LAUGHTER 76 00:04:19,400 --> 00:04:21,600 Jeff did an interview with his brother, Mark, 77 00:04:21,640 --> 00:04:27,000 and this was the most in-depth, revealing, personal talk 78 00:04:27,040 --> 00:04:28,880 that I've ever seen Jeff do. 79 00:04:28,920 --> 00:04:34,040 When I am with my brother, I just laugh continuously. 80 00:04:34,080 --> 00:04:37,240 And his brother is not afraid to take the piss out of him. 81 00:04:38,360 --> 00:04:41,000 I've gone through and taken the liberty of pulling together 82 00:04:41,040 --> 00:04:42,280 a bunch of family photos. 83 00:04:42,320 --> 00:04:45,920 Mark wasn't above sharing an embarrassing childhood photo. 84 00:04:45,960 --> 00:04:47,960 This is what I grew up with. 85 00:04:48,000 --> 00:04:50,520 LAUGHTER 86 00:04:51,480 --> 00:04:53,120 They went as lady-killers. 87 00:04:53,160 --> 00:04:55,120 Chicks loved that. They loved that. 88 00:04:55,160 --> 00:04:57,600 We were very successful in high school. 89 00:04:57,640 --> 00:04:59,440 MARK CHUCKLES 90 00:05:05,840 --> 00:05:07,560 In Albuquerque, New Mexico, 91 00:05:07,600 --> 00:05:11,120 my mother was pregnant with me in high school. 92 00:05:12,360 --> 00:05:15,880 And believe me, in 1964, it was not cool to be pregnant, 93 00:05:15,920 --> 00:05:18,480 to be pregnant in high school. 94 00:05:18,520 --> 00:05:22,600 His biological father disappeared when he was the age of three. 95 00:05:23,840 --> 00:05:26,920 His mum remarried, and I would say the rest of his childhood 96 00:05:26,960 --> 00:05:28,360 was somewhat conventional. 97 00:05:28,400 --> 00:05:31,040 My dad's name is Miguel. 98 00:05:31,080 --> 00:05:33,960 He adopted me when I was four. 99 00:05:34,000 --> 00:05:38,680 He was 16 when he came to the US from Cuba by himself. 100 00:05:38,720 --> 00:05:43,160 These hard working, resourceful and loving people made me who I am. 101 00:05:44,240 --> 00:05:47,320 In loving photos across his social media, 102 00:05:47,360 --> 00:05:52,560 Bezos proudly displays his family and idyllic childhood. 103 00:05:52,600 --> 00:05:54,360 Jeff values resourcefulness. 104 00:05:54,400 --> 00:05:57,680 He used to spend his summers on his grandfather's ranch 105 00:05:57,720 --> 00:05:59,560 in South Texas. 106 00:05:59,600 --> 00:06:01,360 He worked at McDonald's. 107 00:06:01,400 --> 00:06:05,800 He actually perfected the art of cracking an egg with one hand. 108 00:06:05,840 --> 00:06:07,320 That's actually very Bezos. 109 00:06:07,360 --> 00:06:12,200 Like, he will study something and he optimises for it. 110 00:06:12,240 --> 00:06:14,720 The gifted student attended Princeton, 111 00:06:14,760 --> 00:06:16,480 graduating with electrical engineering 112 00:06:16,520 --> 00:06:18,600 and computer science degrees. 113 00:06:21,600 --> 00:06:24,280 In the late '80s, he went to Wall Street. 114 00:06:25,280 --> 00:06:27,880 Then he rose to the ranks quite highly. 115 00:06:27,920 --> 00:06:30,400 He worked at a quantitative hedge fund. 116 00:06:31,600 --> 00:06:33,520 Yet Bezos was unlucky in love, 117 00:06:33,560 --> 00:06:35,600 as his brother forced him to admit 118 00:06:35,640 --> 00:06:38,560 in this surprisingly candid interview. 119 00:06:38,600 --> 00:06:40,720 He can't hide from his brother. 120 00:06:40,760 --> 00:06:41,960 Brother knows everything. 121 00:06:42,000 --> 00:06:43,640 I decided I wanted to get married 122 00:06:43,680 --> 00:06:45,600 and I had all my friends setting me up 123 00:06:45,640 --> 00:06:47,480 and I went on dozens of blind dates. 124 00:06:47,520 --> 00:06:49,680 And it turned out I kept meeting people 125 00:06:49,720 --> 00:06:51,640 who were professional blind daters, 126 00:06:51,680 --> 00:06:54,040 and I sort of became a professional blind dater. 127 00:06:55,480 --> 00:06:58,360 That changed when Bezos met his wife, 128 00:06:58,400 --> 00:07:01,600 aspiring novelist MacKenzie Tuttle. 129 00:07:01,640 --> 00:07:05,440 A year after their wedding, Bezos made a big decision. 130 00:07:05,480 --> 00:07:08,240 And he discovered that this thing called the World Wide Web 131 00:07:08,280 --> 00:07:10,400 was growing at an exponential pace, 132 00:07:10,440 --> 00:07:12,000 and very kind of rational, 133 00:07:12,040 --> 00:07:15,040 he started to think about what new businesses could you start? 134 00:07:15,080 --> 00:07:18,440 I mean, this was 1993 when he uprooted his life. 135 00:07:18,480 --> 00:07:21,440 He actually ended up driving across the country with his wife. 136 00:07:28,120 --> 00:07:31,200 The couple headed for Seattle, a hub for technology 137 00:07:31,240 --> 00:07:34,600 and the birthplace of companies like Microsoft. 138 00:07:37,240 --> 00:07:39,800 They set up in this suburban garage. 139 00:07:42,160 --> 00:07:44,760 Who are you? I'm Jeff Bezos. 140 00:07:44,800 --> 00:07:46,560 And what is your claim to fame? 141 00:07:46,600 --> 00:07:49,200 I'm the founder of Amazon.com 142 00:07:49,240 --> 00:07:52,360 and I picked books as the first best product to sell online. 143 00:07:52,400 --> 00:07:54,480 As the internet exploded, 144 00:07:54,520 --> 00:07:57,240 Bezos's online bookshop grew quickly. 145 00:07:58,360 --> 00:08:03,360 This news report was able to capture the geeky founder's business acumen. 146 00:08:03,400 --> 00:08:06,120 The company claims to be the biggest bookshop on earth. 147 00:08:06,160 --> 00:08:09,880 What makes us different is vast selection, convenience - 148 00:08:09,920 --> 00:08:11,640 we deliver right to the desktop - 149 00:08:11,680 --> 00:08:13,680 and also the fact that we're the broadest discounters 150 00:08:13,720 --> 00:08:14,880 in the world. 151 00:08:14,920 --> 00:08:19,160 Four years after launch, Bezos earned his first billion. 152 00:08:19,200 --> 00:08:21,440 But what got this documentary's attention 153 00:08:21,480 --> 00:08:23,640 was his big personality. 154 00:08:23,680 --> 00:08:26,240 You generally hear him before you see him. 155 00:08:26,280 --> 00:08:28,600 JEFF LAUGHS LOUDLY 156 00:08:28,640 --> 00:08:33,280 It's the ear-piercing laugh of billionaire Jeff Bezos. 157 00:08:33,320 --> 00:08:35,040 Now, I've heard a lot about your desk. 158 00:08:35,080 --> 00:08:36,920 It's a door with four-by-fours. 159 00:08:38,680 --> 00:08:40,000 Come on. 160 00:08:40,040 --> 00:08:43,400 This flattering interview portrayed him as a goofy guy 161 00:08:43,440 --> 00:08:44,920 who'd made it big. 162 00:08:44,960 --> 00:08:47,080 What are these things on the floor? 163 00:08:47,120 --> 00:08:49,680 JEFF CHUCKLES Well, these are... 164 00:08:49,720 --> 00:08:51,760 These are, you know, sticky balls. 165 00:08:51,800 --> 00:08:55,800 Remember, this man is a titan of our time. 166 00:08:55,840 --> 00:08:57,480 A giant. 167 00:08:57,520 --> 00:09:03,560 The report breathlessly dubbed Bezos a tech titan at just 35 years old. 168 00:09:04,640 --> 00:09:08,040 The media have always, had perpetuated this image 169 00:09:08,080 --> 00:09:11,600 of Jeff Bezos as this kind of goofy guy selling books. 170 00:09:12,600 --> 00:09:15,840 But it really misses so much of the picture. 171 00:09:15,880 --> 00:09:18,640 Jeff Bezos comes from Wall Street. 172 00:09:18,680 --> 00:09:22,920 He's built this empire to make a whole lot of money. 173 00:09:22,960 --> 00:09:25,080 He had that in mind all along. 174 00:09:27,760 --> 00:09:32,680 Jeff's ambition was to be number one. 175 00:09:32,720 --> 00:09:34,880 There was no being number two. 176 00:09:36,120 --> 00:09:39,320 In 1999, when I first met Jeff, 177 00:09:39,360 --> 00:09:41,200 I was extremely intimidated 178 00:09:41,240 --> 00:09:43,600 because of his intellect. 179 00:09:43,640 --> 00:09:44,760 Come on up. 180 00:09:44,800 --> 00:09:45,920 I'm going to introduce... 181 00:09:45,960 --> 00:09:48,000 This is... This is Robert. 182 00:09:48,040 --> 00:09:49,680 Robert, you're an alum. Yes, I am. 183 00:09:49,720 --> 00:09:51,840 And Robert's been with us for quite a while. 184 00:09:51,880 --> 00:09:53,200 How long have you been...? 185 00:09:53,240 --> 00:09:55,840 About three and a half years. Three and a half years. 186 00:09:55,880 --> 00:09:57,480 We've been to Japan together. 187 00:09:57,520 --> 00:09:59,840 We've been through several trials together. 188 00:09:59,880 --> 00:10:01,640 OK, thank you, Jeff. 189 00:10:03,800 --> 00:10:05,520 Hello, everybody. 190 00:10:05,560 --> 00:10:08,240 This unique footage of a university lecture 191 00:10:08,280 --> 00:10:12,000 was able to capture the closeness of Bezos and his protege, 192 00:10:12,040 --> 00:10:14,880 hinting at their vision for Amazon's future. 193 00:10:14,920 --> 00:10:18,560 So, we wanted to define a product, 194 00:10:18,600 --> 00:10:23,360 and that product is the ability to create your own store 195 00:10:23,400 --> 00:10:25,080 on your own website. 196 00:10:25,120 --> 00:10:29,920 Jeff was an amazing innovator, a visionary. 197 00:10:29,960 --> 00:10:32,840 Straight to the centre here. Thank you. 198 00:10:32,880 --> 00:10:34,200 It was his laugh. 199 00:10:34,240 --> 00:10:37,160 It's what endears him to a lot of people. 200 00:10:38,760 --> 00:10:45,120 But once he's done laughing and you're being analysed, 201 00:10:45,160 --> 00:10:47,240 it can be a scary experience. 202 00:10:48,520 --> 00:10:51,520 Bezos had a reputation of being intimidating, 203 00:10:51,560 --> 00:10:54,680 staring down employees in meetings. 204 00:10:54,720 --> 00:10:56,760 There are points in time where he's just like... 205 00:11:04,560 --> 00:11:06,360 And he just stops. 206 00:11:06,400 --> 00:11:08,440 It could be intimidating 207 00:11:08,480 --> 00:11:12,520 and I think that there is a certain amount of realising 208 00:11:12,560 --> 00:11:13,760 this person's different. 209 00:11:13,800 --> 00:11:16,480 I will always remember from a meeting... 210 00:11:18,360 --> 00:11:20,520 ..if you happen to say the wrong thing 211 00:11:20,560 --> 00:11:23,800 like this particular person did, 212 00:11:23,840 --> 00:11:28,000 he would stare them in the eye and say, "This is a tough problem. 213 00:11:28,040 --> 00:11:31,000 "We just need to apply human intelligence to it." 214 00:11:32,440 --> 00:11:36,960 And it's a subtlety to actually say that you weren't intelligent enough 215 00:11:37,000 --> 00:11:40,800 to be the person to actually tackle that problem. 216 00:11:42,360 --> 00:11:47,840 Weeks later, that person might not be in the company any more. 217 00:11:47,880 --> 00:11:50,520 PRODUCER: It sounds quite Darwinian. 218 00:11:50,560 --> 00:11:52,560 It is very Darwinian. 219 00:11:56,000 --> 00:12:00,080 He is a relentless operator and he will sort of do anything 220 00:12:00,120 --> 00:12:01,640 to make his company successful. 221 00:12:01,680 --> 00:12:05,360 So whether he's smart or seems nice when you first meet him, 222 00:12:05,400 --> 00:12:09,800 sure, but like, you know, power reveals who you really are 223 00:12:09,840 --> 00:12:13,120 and he revealed himself as somebody who was extremely ruthless. 224 00:12:21,800 --> 00:12:25,040 "Easy for almost anything to occur. 225 00:12:25,080 --> 00:12:29,160 "Even if we've scraped the sky, we can be rubble. 226 00:12:29,200 --> 00:12:30,200 "Ground zero. 227 00:12:30,240 --> 00:12:32,240 "Is it possible to get lower?" 228 00:12:33,720 --> 00:12:37,360 Not a lot of for-profit presses publish poetry. 229 00:12:37,400 --> 00:12:39,320 When we started the company in 2001, 230 00:12:39,360 --> 00:12:42,640 we were the top-selling poetry book of the year. 231 00:12:42,680 --> 00:12:44,400 My name is Dennis Johnson. 232 00:12:44,440 --> 00:12:48,240 I'm the co-publisher of Melville House Publishing. 233 00:12:49,400 --> 00:12:53,320 We sold books to Amazon the way we would sell books to any account. 234 00:12:54,760 --> 00:12:57,280 They were seen as the cutting edge of retail. 235 00:12:58,720 --> 00:13:01,840 But the precise problem of modern publishing 236 00:13:01,880 --> 00:13:04,160 is that it is a very traditional business 237 00:13:04,200 --> 00:13:06,320 being confronted by radical change. 238 00:13:08,440 --> 00:13:12,280 That radical change was Jeff Bezos. 239 00:13:12,320 --> 00:13:15,880 He shook up publishing by pioneering the electronic book, 240 00:13:15,920 --> 00:13:19,960 whereby millions of titles could be accessed instantly. 241 00:13:20,000 --> 00:13:21,360 Amazon brought a lot of 242 00:13:21,400 --> 00:13:24,400 good things that we almost take for granted right now, 243 00:13:24,440 --> 00:13:26,600 like the idea that any book is available 244 00:13:26,640 --> 00:13:29,120 and not out of print is pretty remarkable. 245 00:13:39,440 --> 00:13:42,680 It's funny to think that the work that we did was so ground-breaking, 246 00:13:42,720 --> 00:13:44,120 and I'm really proud of that. 247 00:13:45,320 --> 00:13:48,840 My name is Jon Reily and I worked in Amazon for three years. 248 00:13:48,880 --> 00:13:51,400 Jeff definitely feels like he's changing the world 249 00:13:51,440 --> 00:13:53,560 and that drive really gets people excited 250 00:13:53,600 --> 00:13:56,480 and they really want to be a part of it. 251 00:13:56,520 --> 00:13:58,760 Let's welcome the biggest kid in the room, 252 00:13:58,800 --> 00:14:01,800 CEO of Amazon, Mr Jeff Bezos. 253 00:14:01,840 --> 00:14:05,040 CHEERING 254 00:14:08,040 --> 00:14:09,400 Welcome, everybody. 255 00:14:10,480 --> 00:14:12,000 It's great to have you here. 256 00:14:12,040 --> 00:14:16,040 We're here today to celebrate kids. 257 00:14:16,080 --> 00:14:19,640 We're here today to celebrate innovation. 258 00:14:19,680 --> 00:14:21,360 And we're here to celebrate the combination 259 00:14:21,400 --> 00:14:24,360 of those two things - toys. 260 00:14:24,400 --> 00:14:26,400 And we're here today to have some fun. 261 00:14:26,440 --> 00:14:29,920 His long-term goal is for Amazon to be THE store 262 00:14:29,960 --> 00:14:32,120 where you buy everything at Amazon. 263 00:14:32,160 --> 00:14:35,000 Gradually, that's becoming more and more our lives. 264 00:14:38,320 --> 00:14:41,280 If we look back, say, ten years, you go to the store, 265 00:14:41,320 --> 00:14:43,040 you get the things that you want. 266 00:14:43,080 --> 00:14:45,160 Now you have the ability to have somebody else 267 00:14:45,200 --> 00:14:46,440 bring it to your house. 268 00:14:47,800 --> 00:14:50,400 I sort of jokingly refer to that as the Amazonification 269 00:14:50,440 --> 00:14:51,840 of expectations. 270 00:14:51,880 --> 00:14:55,280 If it isn't going to show up in my house in two days, I don't want it. 271 00:15:00,360 --> 00:15:05,880 One good question is whether Jeff Bezos has changed the world. 272 00:15:05,920 --> 00:15:09,440 The answer is obviously yes. 273 00:15:09,480 --> 00:15:13,800 From a consumer perspective, Jeff clearly has changed the world 274 00:15:13,840 --> 00:15:18,680 by having changed the way a billion people think about buying stuff. 275 00:15:20,880 --> 00:15:23,480 But critics say that Bezos built his empire 276 00:15:23,520 --> 00:15:26,200 by being a ruthless businessman. 277 00:15:26,240 --> 00:15:31,080 Back in the mid-2000s, he set out to squeeze the book industry. 278 00:15:31,120 --> 00:15:35,400 Bezos came into a meeting with a lot of his book executives 279 00:15:35,440 --> 00:15:36,520 and basically said, 280 00:15:36,560 --> 00:15:39,320 "We need to negotiate with these publishers 281 00:15:39,360 --> 00:15:41,600 "and booksellers much more harshly." 282 00:15:48,000 --> 00:15:51,800 Publisher Dennis Johnson had had a textbook deal with Amazon. 283 00:15:53,000 --> 00:15:56,080 They get a certain discount and then it's their book, 284 00:15:56,120 --> 00:15:58,920 and if they don't sell it, they can return it to us, 285 00:15:58,960 --> 00:16:02,840 and it was just kind of standard deals. 286 00:16:02,880 --> 00:16:07,600 The first time we became aware of the danger that Amazon posed 287 00:16:07,640 --> 00:16:11,000 was when we were called by our distributor, 288 00:16:11,040 --> 00:16:13,400 who said he had had a meeting with Amazon 289 00:16:13,440 --> 00:16:15,520 to discuss the next year's contract 290 00:16:15,560 --> 00:16:18,160 and it was like having dinner with The Godfather. 291 00:16:18,200 --> 00:16:21,040 He said, "They want 4% of sales." 292 00:16:22,960 --> 00:16:25,640 They called it marketing costs, but that's bogus. 293 00:16:26,640 --> 00:16:29,440 I had a very Brooklyn guy kind of reaction, 294 00:16:29,480 --> 00:16:31,680 which was, "Fuck you, bring it on." 295 00:16:31,720 --> 00:16:34,200 And I thought, I'm going to stand up to this. 296 00:16:34,240 --> 00:16:36,120 You don't get to strong-arm me. 297 00:16:36,160 --> 00:16:37,880 And I went to the media. 298 00:16:41,160 --> 00:16:43,800 After we went public, we paid the price. 299 00:16:43,840 --> 00:16:46,680 They removed our books from the website. 300 00:16:46,720 --> 00:16:48,080 As one reporter said to me, 301 00:16:48,120 --> 00:16:51,400 I was the only one foolish enough to go on the record. 302 00:16:51,440 --> 00:16:52,880 Why were people afraid? 303 00:16:52,920 --> 00:16:55,760 Well, it's a thuggish company, isn't it? 304 00:16:59,080 --> 00:17:01,920 In response to allegations of intimidating behaviour 305 00:17:01,960 --> 00:17:04,200 in order to increase fees, 306 00:17:04,240 --> 00:17:07,680 Amazon has previously said that they disagree with this account. 307 00:17:09,200 --> 00:17:12,760 Well, we actually had a kind of a confrontation around the time 308 00:17:12,800 --> 00:17:15,600 of what was then BookExpo America. 309 00:17:16,840 --> 00:17:19,280 And two young men in black suits came up to me 310 00:17:19,320 --> 00:17:20,920 and said, "Are you Johnson?" 311 00:17:20,960 --> 00:17:22,640 And I said, "Who are you guys?" 312 00:17:22,680 --> 00:17:25,440 And I looked at their nametags, and they were both from Amazon, 313 00:17:25,480 --> 00:17:28,120 and they said, "When are you going to get with the programme?" 314 00:17:28,160 --> 00:17:32,040 And I thought they were kidding, you know, so I laughed. 315 00:17:32,080 --> 00:17:33,600 And then I realised they weren't kidding 316 00:17:33,640 --> 00:17:35,760 and I said, "You want to leave now." 317 00:17:35,800 --> 00:17:36,800 And they did. 318 00:17:39,400 --> 00:17:41,000 What's the Gazelle Project? 319 00:17:41,040 --> 00:17:45,240 Jeff Bezos instructed his staff to think of independent publishers 320 00:17:45,280 --> 00:17:49,120 like Melville House as wounded gazelles 321 00:17:49,160 --> 00:17:51,760 and his people were the cheetahs. 322 00:17:53,680 --> 00:17:56,160 It tells you a lot about the company, doesn't it? 323 00:17:56,200 --> 00:17:58,160 They think that we are their victims. 324 00:17:59,760 --> 00:18:02,320 Bezos later said he didn't recall the comment, 325 00:18:02,360 --> 00:18:06,720 but his relationship with the book industry was acrimonious. 326 00:18:06,760 --> 00:18:09,440 I think Jeff Bezos looked at that industry and said, 327 00:18:09,480 --> 00:18:11,840 "I'm a fighter. I can take them." 328 00:18:11,880 --> 00:18:14,320 It was his way or you were... You were out. 329 00:18:16,080 --> 00:18:17,320 Over the coming years, 330 00:18:17,360 --> 00:18:21,720 Amazon would go on to sell thousands of different products. 331 00:18:21,760 --> 00:18:24,440 Bezos dramatically increased the fees it took 332 00:18:24,480 --> 00:18:26,720 from most small businesses. 333 00:18:26,760 --> 00:18:29,800 Today, that's up to ¤34 334 00:18:29,840 --> 00:18:32,840 of every ¤100 that a third party seller makes. 335 00:18:33,800 --> 00:18:39,280 Last year, Amazon took in ¤121 billion in fees. 336 00:18:39,320 --> 00:18:40,600 This is extraordinary. 337 00:18:40,640 --> 00:18:43,200 PHONE RINGS 338 00:18:43,240 --> 00:18:45,360 Excuse me. It's my mother. 339 00:18:46,720 --> 00:18:49,480 Wassup? LAUGHTER 340 00:18:49,520 --> 00:18:52,520 These PopSockets do make me want to dance. 341 00:18:52,560 --> 00:18:54,840 They make me want to dance too, Mum. 342 00:18:54,880 --> 00:18:57,080 # Ah, yeah, we hustle all day All day 343 00:18:57,120 --> 00:18:59,360 # Yeah, we're workin', yeah, we're workin', then we play... # 344 00:18:59,400 --> 00:19:03,840 I'm David Barnett, the CEO and founder of PopSockets. 345 00:19:05,160 --> 00:19:08,640 It's a company that makes mobile accessories. 346 00:19:08,680 --> 00:19:10,840 For most small businesses, 347 00:19:10,880 --> 00:19:14,080 it's taken as a given that you need to sell on Amazon 348 00:19:14,120 --> 00:19:16,280 because of the dominance of their marketplace. 349 00:19:18,080 --> 00:19:20,080 You have to be very careful with Amazon. 350 00:19:20,120 --> 00:19:21,600 They've got all the power. 351 00:19:24,400 --> 00:19:26,360 There were a number of factors in our decision 352 00:19:26,400 --> 00:19:28,360 to leave the relationship. 353 00:19:28,400 --> 00:19:30,400 One did have to do with counterfeits. 354 00:19:30,440 --> 00:19:35,680 It was a painful, painful experience seeing literally thousands 355 00:19:35,720 --> 00:19:38,800 of listings for fake products 356 00:19:38,840 --> 00:19:43,040 and having Amazon do little to stop these listings from popping up. 357 00:19:46,040 --> 00:19:48,320 After maybe a year of this, 358 00:19:48,360 --> 00:19:53,640 Amazon finally agreed to verify the authenticity of products 359 00:19:53,680 --> 00:19:56,120 being listed on our product pages 360 00:19:56,160 --> 00:19:59,480 in exchange for roughly ¤2 million of marketing funds. 361 00:20:03,400 --> 00:20:05,760 It's illegal to sell fake product on the marketplace 362 00:20:05,800 --> 00:20:07,200 in the first place. 363 00:20:07,240 --> 00:20:09,880 But I was at breaking point, so my honest reaction was, 364 00:20:09,920 --> 00:20:14,720 "Great, I will spend ¤2 million to eliminate a far worse problem." 365 00:20:14,760 --> 00:20:16,600 But I'm tired of the strong-arming, 366 00:20:16,640 --> 00:20:19,440 I'm tired of the bullying, veiled or not veiled threats, 367 00:20:19,480 --> 00:20:21,840 so we triggered a clause in our agreement with them. 368 00:20:23,640 --> 00:20:27,080 After Barnett tried to negotiate better terms with Amazon, 369 00:20:27,120 --> 00:20:29,560 he says they retaliated. 370 00:20:29,600 --> 00:20:30,960 They removed all the listings. 371 00:20:31,000 --> 00:20:33,040 Over the course of the next year, 372 00:20:33,080 --> 00:20:37,600 we lost roughly ¤10 million in sales on the Amazon platform. 373 00:20:37,640 --> 00:20:42,080 What happened to PopSockets is absolutely Amazon's playbook. 374 00:20:42,120 --> 00:20:46,800 They go around these companies that are really dependent on them 375 00:20:46,840 --> 00:20:49,920 and say, "Yeah, you're going to have to pay up. 376 00:20:49,960 --> 00:20:53,640 "And if you don't pay up, we're going to cut you off. 377 00:20:53,680 --> 00:20:56,080 "You're going to lose most of your revenue." 378 00:20:59,080 --> 00:21:02,560 The myth of a kind of lone genius 379 00:21:02,600 --> 00:21:05,640 who came along and had an idea and changed everything... 380 00:21:07,720 --> 00:21:11,760 ..really misses the very predatory and monopolistic strategy 381 00:21:11,800 --> 00:21:14,160 that has always been part of Amazon. 382 00:21:16,840 --> 00:21:19,600 Amazon's control over commerce 383 00:21:19,640 --> 00:21:22,800 gives it a position to pick the winners 384 00:21:22,840 --> 00:21:24,400 and losers of business. 385 00:21:24,440 --> 00:21:26,160 Usually it picks itself. 386 00:21:34,280 --> 00:21:40,640 January 2019 was this remarkable moment 387 00:21:40,680 --> 00:21:44,560 in the life and the image of Jeff Bezos. 388 00:21:44,600 --> 00:21:46,520 He and his wife at the time, MacKenzie, 389 00:21:46,560 --> 00:21:50,560 sent out a tweet announcing that they have agreed, 390 00:21:50,600 --> 00:21:53,960 after 25 years of marriage, to divorce. 391 00:21:54,000 --> 00:21:57,280 And it was a shock because he had really cultivated an image 392 00:21:57,320 --> 00:21:59,680 as a devoted husband, as a family man. 393 00:22:00,640 --> 00:22:03,440 Then the next day, things got actually even stranger. 394 00:22:07,080 --> 00:22:11,120 The National Enquirer divulged that Bezos actually had been seeing 395 00:22:11,160 --> 00:22:13,560 a woman named Lauren Sanchez. 396 00:22:13,600 --> 00:22:15,040 It was quite salacious. 397 00:22:15,080 --> 00:22:17,720 The pair had been seeing each other for many months. 398 00:22:19,320 --> 00:22:22,000 Here he was, kind of leading an alternate life. 399 00:22:23,920 --> 00:22:27,440 They played every angle and tried to embarrass Bezos. 400 00:22:28,800 --> 00:22:30,440 They had actual text messages, 401 00:22:30,480 --> 00:22:33,680 and that was the real incendiary piece of it. 402 00:22:33,720 --> 00:22:34,880 "I want to breathe you in. 403 00:22:34,920 --> 00:22:37,120 "I want to hold you tight. I love you. 404 00:22:37,160 --> 00:22:39,040 "I'm in love with you." 405 00:22:39,080 --> 00:22:41,560 It's kind of sweet when you think about it. 406 00:22:41,600 --> 00:22:44,000 And frankly, it was, you know, I think unfortunate 407 00:22:44,040 --> 00:22:46,160 and kind of embarrassing. 408 00:22:46,200 --> 00:22:50,560 The affair took a turn when Bezos published National Enquirer emails 409 00:22:50,600 --> 00:22:54,080 alleging they had yet more material on him. 410 00:22:54,120 --> 00:22:58,280 The really explosive threat was that The Enquirer 411 00:22:58,320 --> 00:23:00,280 had what they were calling euphemistically 412 00:23:00,320 --> 00:23:01,840 a below the belt selfie. 413 00:23:02,920 --> 00:23:06,160 And the editor seemed to be threatening that he had it 414 00:23:06,200 --> 00:23:07,440 and that he would publish it. 415 00:23:12,080 --> 00:23:14,160 So the media post that he wrote... 416 00:23:15,680 --> 00:23:17,320 ..a remarkable essay... 417 00:23:19,160 --> 00:23:22,440 ..is basically saying, "These guys are extorting me." 418 00:23:23,560 --> 00:23:25,720 And he really turned the tables on them. 419 00:23:25,760 --> 00:23:29,200 And it raised the question, how did they get them? 420 00:23:30,480 --> 00:23:32,920 Had Bezos's phone been hacked? 421 00:23:32,960 --> 00:23:35,040 Had Sanchez's phone been hacked? 422 00:23:36,600 --> 00:23:38,040 It was a great mystery. 423 00:23:39,040 --> 00:23:42,480 Jeff raised the possibility that it was an international conspiracy, 424 00:23:42,520 --> 00:23:46,640 that maybe the Trump administration or the government of Saudi Arabia 425 00:23:46,680 --> 00:23:48,560 had provided the information 426 00:23:48,600 --> 00:23:49,920 to The National Enquirer. 427 00:23:51,800 --> 00:23:55,360 Bezos was by now the owner of The Washington Post newspaper, 428 00:23:55,400 --> 00:23:57,560 which was key to his theories. 429 00:23:58,680 --> 00:24:00,720 The Post had been punching Trump in the face 430 00:24:00,760 --> 00:24:02,600 since the moment he took office, 431 00:24:02,640 --> 00:24:04,880 and so there was a lot of enmity there. 432 00:24:04,920 --> 00:24:09,000 So Bezos suggested that somehow The National Enquirer 433 00:24:09,040 --> 00:24:10,520 was doing Trump's bidding, 434 00:24:10,560 --> 00:24:13,280 a punch back at all the critical coverage. 435 00:24:15,200 --> 00:24:18,880 But in the end, Bezos came to a very different conclusion 436 00:24:18,920 --> 00:24:21,880 of who was responsible for leaking the texts. 437 00:24:21,920 --> 00:24:25,400 He accused his girlfriend's brother, Michael Sanchez, 438 00:24:25,440 --> 00:24:29,680 who denied the allegation and sued Bezos, if unsuccessfully. 439 00:24:31,240 --> 00:24:35,920 The National Enquirer was a dumpster fire on every single level. 440 00:24:35,960 --> 00:24:40,440 That was, I think, a great example of the metamorphosis 441 00:24:40,480 --> 00:24:41,840 that he has gone through. 442 00:24:43,560 --> 00:24:44,800 He's going through, you know, 443 00:24:44,840 --> 00:24:47,160 what could charitably be called a midlife crisis. 444 00:24:48,200 --> 00:24:50,640 Bezos has become a caricature 445 00:24:50,680 --> 00:24:54,280 of what it's like to be worth ¤200 billion. 446 00:24:56,120 --> 00:25:00,120 He's accumulated homes in Los Angeles, in Washington, DC. 447 00:25:00,160 --> 00:25:02,520 He's buying cars and he's constructing 448 00:25:02,560 --> 00:25:05,400 one of the most lavish sailing yachts in the world. 449 00:25:06,440 --> 00:25:07,440 Mr Bezos! 450 00:25:10,440 --> 00:25:12,080 He's living the life, man. 451 00:25:12,120 --> 00:25:13,480 He's the rock star. 452 00:25:14,480 --> 00:25:17,920 Lauren Sanchez's aspirational social media posts 453 00:25:17,960 --> 00:25:20,280 depict Bezos's new life. 454 00:25:20,320 --> 00:25:23,040 He's not that nerdy little guy sitting in a cubicle any more. 455 00:25:23,080 --> 00:25:25,920 He's looking like he's on The Mod Squad or something. 456 00:25:25,960 --> 00:25:28,400 Why are you wearing sunglasses? It's night. 457 00:25:28,440 --> 00:25:31,280 My dad always used to say there are only two people in the world 458 00:25:31,320 --> 00:25:32,600 that wear sunglasses at night 459 00:25:32,640 --> 00:25:34,560 and that's jackasses and blind people. 460 00:25:35,760 --> 00:25:37,400 Well, you're not blind. 461 00:25:56,360 --> 00:25:59,320 My friendship with Jeff is based on mutual respect. 462 00:26:01,080 --> 00:26:04,720 I've never had an opinion about wealthy individuals 463 00:26:04,760 --> 00:26:07,320 that want to do extreme things. 464 00:26:08,920 --> 00:26:10,960 Truthfully, many of them are friends of mine. 465 00:26:12,600 --> 00:26:14,360 My name is David Concannon. 466 00:26:14,400 --> 00:26:15,400 I am an explorer. 467 00:26:18,720 --> 00:26:21,600 I led the Apollo F-1 project for Jeff Bezos. 468 00:26:22,760 --> 00:26:27,320 The journey to find the engines that launched men to the moon. 469 00:26:27,360 --> 00:26:33,320 It's one small step for man, one giant leap for mankind. 470 00:26:33,360 --> 00:26:35,960 This was to find something that had fallen from space. 471 00:26:36,000 --> 00:26:38,280 They didn't know where they were. 472 00:26:38,320 --> 00:26:39,640 This was his dream. 473 00:26:39,680 --> 00:26:43,040 This was his plan that was set in motion. 474 00:26:45,840 --> 00:26:49,520 Bezos wanted to secure this passion project a place in history. 475 00:26:50,560 --> 00:26:54,200 He even commissioned this ambitious documentary about the mission, 476 00:26:54,240 --> 00:26:56,440 styling himself as an explorer. 477 00:26:58,040 --> 00:27:01,880 It's hard to find something more profound as an engineer 478 00:27:01,920 --> 00:27:04,960 to object than the F-1 engine. 479 00:27:05,000 --> 00:27:07,360 Apollo 11, I was five years old 480 00:27:07,400 --> 00:27:09,640 and it really was a seminal moment for me. 481 00:27:09,680 --> 00:27:12,280 I remember watching it on our living room TV. 482 00:27:12,320 --> 00:27:16,240 I had the excitement of my parents and my grandparents. 483 00:27:16,280 --> 00:27:18,600 Little kids can pick up that kind of excitement. 484 00:27:18,640 --> 00:27:20,760 They know that something extraordinary is happening. 485 00:27:21,840 --> 00:27:25,560 The National Geographic-style film showed the huge scale 486 00:27:25,600 --> 00:27:28,720 of the operation and the shared passion the two men 487 00:27:28,760 --> 00:27:30,520 had for the mission. 488 00:27:30,560 --> 00:27:33,600 When you explore, you're doing things that nobody has done before 489 00:27:33,640 --> 00:27:35,640 and things can always go wrong 490 00:27:35,680 --> 00:27:37,600 when you're doing something for the first time. 491 00:27:37,640 --> 00:27:39,840 If you look at the film that we did, 492 00:27:39,880 --> 00:27:42,480 he's somebody who is intensely curious, 493 00:27:42,520 --> 00:27:46,240 intensely passionate, hardworking. 494 00:27:46,280 --> 00:27:49,320 We haven't always agreed or seen eye to eye on certain things, 495 00:27:49,360 --> 00:27:52,680 but he gives you the space to succeed. 496 00:27:55,000 --> 00:27:59,000 The word impossible either doesn't exist in his lexicon 497 00:27:59,040 --> 00:28:02,240 or is spoken very infrequently. 498 00:28:02,280 --> 00:28:04,360 If Jeff were to say this is impossible, 499 00:28:04,400 --> 00:28:07,520 he would qualify it and say, "This is impossible for now." 500 00:28:11,560 --> 00:28:15,440 This wasn't the only space-themed passion project that Bezos 501 00:28:15,480 --> 00:28:17,560 had ploughed his billions into. 502 00:28:19,600 --> 00:28:24,560 A lot of people who go to space want to tell us more about the universe. 503 00:28:26,280 --> 00:28:29,200 Jeff Bezos is very unassuming. 504 00:28:30,520 --> 00:28:34,120 To me, he's like a friend, a brother. 505 00:28:34,160 --> 00:28:39,040 I'm Lori Garver, and I was the second in command of Nasa. 506 00:28:42,120 --> 00:28:44,840 Garver championed private space travel, 507 00:28:44,880 --> 00:28:47,560 such as by Bezos's company Blue Origin 508 00:28:47,600 --> 00:28:49,680 and Elon Musk's SpaceX. 509 00:28:51,200 --> 00:28:55,320 We have the billionaires willing to put their own money 510 00:28:55,360 --> 00:28:57,880 into some of these vehicles. 511 00:28:57,920 --> 00:29:01,240 Jeff Bezos has told me he did it because just growing up, 512 00:29:01,280 --> 00:29:03,840 his favourite thing was space and rockets. 513 00:29:03,880 --> 00:29:06,840 T-minus ten, nine, eight, seven... 514 00:29:06,880 --> 00:29:09,880 To great fanfare, in 2021, 515 00:29:09,920 --> 00:29:12,800 Bezos got to test his very own rocket. 516 00:29:17,880 --> 00:29:20,600 Blue Origin's excitable footage painted him 517 00:29:20,640 --> 00:29:22,880 as a real-life astronaut. 518 00:29:22,920 --> 00:29:24,440 ..has cleared the tower, 519 00:29:24,480 --> 00:29:29,120 on our way to space with our first human crew. 520 00:29:29,160 --> 00:29:30,440 Go, Jeff, go! 521 00:29:30,480 --> 00:29:31,600 Of course I watched. 522 00:29:31,640 --> 00:29:34,480 It was very exciting to see. 523 00:29:34,520 --> 00:29:36,760 Ah! Ah! 524 00:29:38,000 --> 00:29:41,080 He was like a little kid, just enjoying himself. 525 00:29:41,120 --> 00:29:43,720 Oh, fantastic! Is it everything you thought it would be? 526 00:29:45,240 --> 00:29:47,320 Yeah, well done! 527 00:29:51,000 --> 00:29:54,920 But he knows it's not universally loved by everyone. 528 00:29:54,960 --> 00:29:58,520 Space billionaires have become the butt of jokes. 529 00:29:58,560 --> 00:30:02,440 Some watching over-the-top Blue Origin promos like this 530 00:30:02,480 --> 00:30:07,280 had one observation about the shape of Jeff's rocket. 531 00:30:07,320 --> 00:30:08,520 Good. LGS check, good. 532 00:30:10,400 --> 00:30:13,000 The design of that was interesting. 533 00:30:13,040 --> 00:30:15,160 I mean, it looked like a penis. Everybody knew that. 534 00:30:15,200 --> 00:30:16,720 Why would you do that, right? 535 00:30:16,760 --> 00:30:19,600 CHEERING 536 00:30:23,560 --> 00:30:28,720 And a lot of people have made some very funny spoofs. 537 00:30:29,760 --> 00:30:34,400 The funniest I saw was a guy from Seinfeld plays Bezos. 538 00:30:34,440 --> 00:30:39,080 Do you know in 1961 we sent the chimpanzee into space? 539 00:30:39,120 --> 00:30:41,800 But not in a dick that looks like my dick. 540 00:30:41,840 --> 00:30:43,920 Not enough. Not short enough! 541 00:30:43,960 --> 00:30:45,600 Not wide enough! 542 00:30:45,640 --> 00:30:46,680 Not enough! 543 00:30:46,720 --> 00:30:50,600 A lot of people view the Blue Origin launch as a little bit of a joyride. 544 00:30:50,640 --> 00:30:55,040 It's an immense personal expenditure for not a lot of public benefit. 545 00:30:55,080 --> 00:30:58,320 The spoof left no doubt as to who benefited most 546 00:30:58,360 --> 00:31:01,080 from the billionaire space race. 547 00:31:01,120 --> 00:31:03,800 One small step for mankind, 548 00:31:03,840 --> 00:31:07,640 one giant leap for me personally. 549 00:31:07,680 --> 00:31:09,840 People are struggling with, you know, 550 00:31:09,880 --> 00:31:13,480 what's the value of just going to space for ten minutes or so? 551 00:31:13,520 --> 00:31:16,800 CHEERING These are controversial people. 552 00:31:18,840 --> 00:31:22,000 Footage of Blue Origin's post-flight press conference 553 00:31:22,040 --> 00:31:24,120 proved most controversial. 554 00:31:25,560 --> 00:31:30,160 I want to thank every Amazon employee 555 00:31:30,200 --> 00:31:32,360 and every Amazon customer, 556 00:31:32,400 --> 00:31:34,520 because you guys paid for all of this. 557 00:31:34,560 --> 00:31:35,960 And every Amazon employee, 558 00:31:36,000 --> 00:31:37,920 thank you from the bottom of my heart. 559 00:31:44,440 --> 00:31:46,480 I didn't watch him go to space. 560 00:31:46,520 --> 00:31:47,840 I heard what he said. 561 00:31:48,880 --> 00:31:51,560 He thanked the workers for paying for all of this. 562 00:31:52,720 --> 00:31:55,320 And, you know, that right there was 563 00:31:55,360 --> 00:31:59,280 another slap in the face to the workforce. 564 00:32:01,680 --> 00:32:06,360 This man used to buy half a billion dollar yachts off of our backs... 565 00:32:07,480 --> 00:32:11,000 ..and then pretty much disrespect us by thanking us for paying for this. 566 00:32:14,120 --> 00:32:18,680 Jeff Bezos was making ¤13 billion a day in the height of the pandemic. 567 00:32:20,160 --> 00:32:21,560 It was a lockdown outside, 568 00:32:21,600 --> 00:32:24,680 but we also didn't sign up to work in the pandemic, as well. 569 00:32:27,400 --> 00:32:29,920 Chris Smalls had been in dispute with Amazon 570 00:32:29,960 --> 00:32:33,480 when he was repeatedly passed over for promotion. 571 00:32:33,520 --> 00:32:37,400 But relations worsened when Smalls accused them of failing to provide 572 00:32:37,440 --> 00:32:39,640 adequate PPE in the warehouses. 573 00:32:41,720 --> 00:32:45,600 Workers were sick, vomiting, dizziness, fatigue. 574 00:32:45,640 --> 00:32:47,760 As a supervisor, when I raised concerns, 575 00:32:47,800 --> 00:32:49,520 it kind of fell on deaf ears. 576 00:32:51,360 --> 00:32:54,720 I was labelled insubordinate, labelled as a troublemaker. 577 00:32:57,080 --> 00:32:59,720 I had to take further action leading a walkout. 578 00:33:02,320 --> 00:33:05,000 They said I violated social distancing policy. 579 00:33:07,200 --> 00:33:09,320 That's when the company terminated me. 580 00:33:21,120 --> 00:33:24,160 After Smalls was fired, he gathered Amazon workers 581 00:33:24,200 --> 00:33:26,960 to protest their working conditions. 582 00:33:27,000 --> 00:33:31,040 We all protested in front of every Jeff Bezos penthouse or mansion 583 00:33:31,080 --> 00:33:32,280 that we could find. 584 00:33:33,840 --> 00:33:37,720 We went down to DC and we went out west to Beverly Hills. 585 00:33:40,480 --> 00:33:43,200 This is where I held one of the first protests ever 586 00:33:43,240 --> 00:33:45,760 in New York City, right here at this very spot. 587 00:33:45,800 --> 00:33:48,600 Currently, we're in front of Jeff Bezos' many penthouses 588 00:33:48,640 --> 00:33:49,960 and mansions. 589 00:33:51,240 --> 00:33:54,440 Once I went public with everything, Amazon saw me as a threat. 590 00:33:54,480 --> 00:33:56,400 It kind of put a target on my back. 591 00:34:00,720 --> 00:34:03,840 After Smalls blew the whistle on warehouse conditions, 592 00:34:03,880 --> 00:34:06,640 Jeff Bezos fought back. 593 00:34:06,680 --> 00:34:09,160 In Seattle, a meeting was called among the members 594 00:34:09,200 --> 00:34:12,080 of the senior leadership team, which Bezos presides over. 595 00:34:12,120 --> 00:34:14,800 There was a discussion about Smalls. 596 00:34:14,840 --> 00:34:17,760 Leaked to the media was a meeting memo 597 00:34:17,800 --> 00:34:21,120 describing Smalls as unintelligent. 598 00:34:21,160 --> 00:34:22,440 "He's not smart or articulate, 599 00:34:22,480 --> 00:34:25,640 "and to the extent the press wants to focus on us versus him, 600 00:34:25,680 --> 00:34:28,880 "we should spend the first part of our response strongly laying out 601 00:34:28,920 --> 00:34:33,920 "the case of why the organiser's conduct was arguably illegal. 602 00:34:33,960 --> 00:34:36,560 "Make him the most interesting part of the story." 603 00:34:38,800 --> 00:34:41,640 Obviously the things that they said in that meeting were disgusting 604 00:34:41,680 --> 00:34:43,800 and definitely a stigma in the black community, 605 00:34:43,840 --> 00:34:45,600 calling me not smart or articulate. 606 00:34:47,160 --> 00:34:49,360 Jeff Bezos was present in this meeting 607 00:34:49,400 --> 00:34:53,440 and signed off on pretty much what they call a smear campaign, 608 00:34:53,480 --> 00:34:55,760 which explains a lot about his character. 609 00:34:57,320 --> 00:34:59,960 We're talking about the richest man in the world at the time 610 00:35:00,000 --> 00:35:02,040 crushed somebody who already lost their job. 611 00:35:03,560 --> 00:35:06,960 There was an outcry when the transcript was leaked. 612 00:35:07,000 --> 00:35:08,200 Smalls happens to be black, 613 00:35:08,240 --> 00:35:11,200 and the comments were seen as kind of racially tinged. 614 00:35:11,240 --> 00:35:14,360 Right here. Right at that spot. CHEERING 615 00:35:14,400 --> 00:35:18,480 Amazon have previously denied they knew Chris Smalls was black 616 00:35:18,520 --> 00:35:21,000 and that the comments were in response to Smalls 617 00:35:21,040 --> 00:35:25,920 endangering Amazon workers after exposure to Covid-19. 618 00:35:25,960 --> 00:35:30,600 It had the effect of really increasing Smalls's public profile. 619 00:35:30,640 --> 00:35:33,400 I'd say, "Jeff, when you're out on your yacht, 620 00:35:33,440 --> 00:35:36,200 "I want you to think about the workers." 621 00:35:36,240 --> 00:35:40,720 This was an attempt to discredit and malign Chris Smalls. 622 00:35:40,760 --> 00:35:42,640 It's of a standard Amazon playbook, 623 00:35:42,680 --> 00:35:44,040 and this is how they deal 624 00:35:44,080 --> 00:35:46,280 with workers who speak up against them. 625 00:35:46,320 --> 00:35:48,560 It's how they deal with small businesses that try 626 00:35:48,600 --> 00:35:49,800 to speak against them. 627 00:35:49,840 --> 00:35:53,160 It's how they deal with suppliers that try to stand up to them. 628 00:35:53,200 --> 00:35:55,880 It's when you have the power to bully other people 629 00:35:55,920 --> 00:35:56,960 and get away with it. 630 00:35:58,080 --> 00:36:00,680 Amazon doesn't have a union here in America. 631 00:36:00,720 --> 00:36:02,960 Amazon spends millions of dollars trying to stop 632 00:36:03,000 --> 00:36:04,560 these union campaigns. 633 00:36:05,640 --> 00:36:08,760 I watched this company hire and fire people every day. 634 00:36:08,800 --> 00:36:10,000 I could have done two things. 635 00:36:10,040 --> 00:36:12,720 I could've just faded away or I could really try to create 636 00:36:12,760 --> 00:36:15,400 something that's going to change the culture of Amazon. 637 00:36:18,000 --> 00:36:21,920 Smalls planned to form the first ever worker union at the company. 638 00:36:21,960 --> 00:36:25,520 Workers were to vote on the plan in March 2022. 639 00:36:25,560 --> 00:36:29,160 Don't give in! CROWD CHANT 640 00:36:29,200 --> 00:36:33,520 Workers are currently voting up until tonight. 641 00:36:35,040 --> 00:36:38,040 We're hoping that this will spread like wildfire. 642 00:36:39,320 --> 00:36:40,920 When you talk about billionaires, 643 00:36:40,960 --> 00:36:43,400 in order to become something like that, 644 00:36:43,440 --> 00:36:45,760 you had to exploit a class of people 645 00:36:45,800 --> 00:36:48,400 and that's what Jeff Bezos has done. 646 00:36:49,840 --> 00:36:52,600 And now you're seeing the tides change. 647 00:36:56,400 --> 00:37:00,000 CROWD CHANTS: ALU! 648 00:37:01,800 --> 00:37:04,040 April 1st, 2022, 649 00:37:04,080 --> 00:37:07,800 was a momentous day for former Amazon worker Chris Smalls. 650 00:37:09,320 --> 00:37:11,360 To the first union in American history. 651 00:37:11,400 --> 00:37:13,840 CHEERING 652 00:37:16,080 --> 00:37:19,280 We went for the jugular and we went for the top dog, 653 00:37:19,320 --> 00:37:20,600 because things have changed. 654 00:37:20,640 --> 00:37:21,760 We're going to unionise. 655 00:37:24,920 --> 00:37:27,800 Today's monumental. It's historical. 656 00:37:27,840 --> 00:37:30,400 One of the most historical campaigns in the country. 657 00:37:32,280 --> 00:37:34,720 This is a catalyst for hopefully a revolution. 658 00:37:37,000 --> 00:37:40,560 Jeff Bezos should be quite afraid of what is going to happen 659 00:37:40,600 --> 00:37:42,040 when the people come together. 660 00:37:44,240 --> 00:37:46,240 This is just the beginning for us. 661 00:37:47,440 --> 00:37:51,480 Smalls has been up against one of the world's most powerful men. 662 00:37:53,840 --> 00:37:55,920 Jeff Bezos, the biggest man on the planet. 663 00:37:55,960 --> 00:37:58,440 That's a funny thing to consider. 664 00:37:58,480 --> 00:38:00,640 Where you go from being this, you know, 665 00:38:00,680 --> 00:38:04,240 nerdy computer guy to being the king of the castle, as it were. 666 00:38:04,280 --> 00:38:08,080 It appears that his humility has somewhat dropped in terms of, 667 00:38:08,120 --> 00:38:09,440 "I can do whatever I want." 668 00:38:12,680 --> 00:38:14,680 The majority of the time people think of Amazon, 669 00:38:14,720 --> 00:38:16,640 they think of the retail business. 670 00:38:16,680 --> 00:38:20,200 They don't necessarily consider the other business units of Amazon 671 00:38:20,240 --> 00:38:21,600 which support that. 672 00:38:22,760 --> 00:38:26,080 Amazon became one of the largest trucker brokers in the country. 673 00:38:26,120 --> 00:38:28,720 Amazon is one of the largest airlines in the world. 674 00:38:31,440 --> 00:38:35,840 But Bezos created one behemoth that dwarfs all others. 675 00:38:35,880 --> 00:38:37,880 Amazon Web Services, AWS, 676 00:38:37,920 --> 00:38:43,720 controls about 40% of the world's cloud computing capacity globally. 677 00:38:45,960 --> 00:38:50,640 Cloud computing company AWS services hundreds of thousands 678 00:38:50,680 --> 00:38:52,200 of businesses worldwide. 679 00:38:53,200 --> 00:38:55,800 There are ridesharing applications 680 00:38:55,840 --> 00:38:59,680 using AWS, game companies, 681 00:38:59,720 --> 00:39:01,600 device manufacturers, 682 00:39:01,640 --> 00:39:06,360 your Fortune 500 companies, powered by Amazon. 683 00:39:07,800 --> 00:39:12,720 AWS is so powerful that even government agencies use AWS. 684 00:39:14,520 --> 00:39:17,240 As well as America's FBI and CIA, 685 00:39:17,280 --> 00:39:20,640 UK government departments rely on AWS, 686 00:39:20,680 --> 00:39:26,040 including MI5, MI6 and GCHQ, 687 00:39:26,080 --> 00:39:29,880 with the Home Office signing a £120 million deal. 688 00:39:31,080 --> 00:39:36,560 AWS is so large that economies are based upon the way 689 00:39:36,600 --> 00:39:41,960 in which they use the Amazon services for their country. 690 00:39:43,680 --> 00:39:46,000 That makes Jeff Bezos super powerful. 691 00:39:47,440 --> 00:39:50,320 All of those tentacles that reach out into all of those areas, 692 00:39:50,360 --> 00:39:55,440 what it means is that he has a kind of godlike view across the economy. 693 00:39:55,480 --> 00:39:59,240 This is a corporation that embodies his vision more so 694 00:39:59,280 --> 00:40:02,840 than any other founder and corporation out there. 695 00:40:02,880 --> 00:40:05,480 It's really unlike anything we've ever seen 696 00:40:05,520 --> 00:40:08,000 in terms of monopoly power. 697 00:40:09,000 --> 00:40:12,480 The political power that comes with is tremendous, 698 00:40:12,520 --> 00:40:15,840 and that is why they're able to get governments to dance to their tune. 699 00:40:17,520 --> 00:40:20,640 But 2019 was really a turning point. 700 00:40:22,840 --> 00:40:26,280 Lawmakers in Washington finally took action against Amazon. 701 00:40:28,520 --> 00:40:30,520 Congress launched a major investigation 702 00:40:30,560 --> 00:40:33,360 into the tech industry's alleged monopoly power. 703 00:40:34,960 --> 00:40:37,560 Their ability to dictate terms, call the shots, 704 00:40:37,600 --> 00:40:40,960 upend entire sectors, and inspire fear 705 00:40:41,000 --> 00:40:44,240 represent the powers of a private government. 706 00:40:44,280 --> 00:40:46,920 Our founders would not bow before a king, 707 00:40:46,960 --> 00:40:51,120 nor should we bow before the emperors of the online economy. 708 00:40:51,160 --> 00:40:54,000 I don't know whether or not people are afraid of Jeff Bezos, 709 00:40:54,040 --> 00:40:56,240 but they ought to be very, very angry 710 00:40:56,280 --> 00:40:59,240 about the business practices of Amazon. 711 00:40:59,280 --> 00:41:02,000 In 2007, Mr Spence received... 712 00:41:02,040 --> 00:41:05,240 Central to the investigation was Amazon's relationship 713 00:41:05,280 --> 00:41:06,800 with small businesses. 714 00:41:07,760 --> 00:41:09,640 Our witness is David Barnett. 715 00:41:09,680 --> 00:41:13,040 He's founder and CEO of PopSockets LLC. 716 00:41:13,080 --> 00:41:15,000 So today I want to talk about two challenges 717 00:41:15,040 --> 00:41:16,680 that we've had with Amazon. 718 00:41:16,720 --> 00:41:20,800 One involving counterfeits, the other involving bullying. 719 00:41:21,880 --> 00:41:24,960 Barnett went public with allegations that Amazon threatened 720 00:41:25,000 --> 00:41:26,480 ever greater fees. 721 00:41:26,520 --> 00:41:28,920 Another threat might be, "We've got too much inventory on our hands, 722 00:41:28,960 --> 00:41:30,800 "so we're going to ship it all back to you. 723 00:41:30,840 --> 00:41:32,440 "You're going to pay for all the fees. 724 00:41:32,480 --> 00:41:34,040 "So really, we need the money." 725 00:41:34,080 --> 00:41:37,440 He spoke about the horrific behaviour of Amazon 726 00:41:37,480 --> 00:41:41,920 that attempted to bully him into providing more revenue to Amazon 727 00:41:41,960 --> 00:41:44,360 with no justification. 728 00:41:44,400 --> 00:41:47,080 I think Mr Bezos in particular is very unaccustomed 729 00:41:47,120 --> 00:41:49,840 to having to justify any of his conduct 730 00:41:49,880 --> 00:41:52,480 and was not interested in coming before Congress 731 00:41:52,520 --> 00:41:53,960 and answering questions under oath. 732 00:41:55,280 --> 00:41:57,760 For two months, Bezos refused to appear, 733 00:41:57,800 --> 00:42:00,640 but was forced to under threat of a subpoena. 734 00:42:01,640 --> 00:42:06,760 He addressed PopSockets' allegations that Amazon demanded ¤1.8 million 735 00:42:06,800 --> 00:42:09,160 in order to remove fake products. 736 00:42:09,200 --> 00:42:12,360 What is your explanation for that business practice? 737 00:42:12,400 --> 00:42:15,040 If those are the facts, that is unacceptable 738 00:42:15,080 --> 00:42:16,320 and I will look into that 739 00:42:16,360 --> 00:42:18,480 and we'll get back to your office with that. 740 00:42:18,520 --> 00:42:23,040 Jeff Bezos said that he would look into it and get back to Congress. 741 00:42:23,080 --> 00:42:25,400 To my knowledge, he hasn't. 742 00:42:25,440 --> 00:42:26,960 Many small companies have told us 743 00:42:27,000 --> 00:42:30,000 during this year-long investigation that they were mistreated, 744 00:42:30,040 --> 00:42:32,120 abused and tossed aside by Amazon. 745 00:42:32,160 --> 00:42:34,600 So, Mr Bezos, this is one of your partners. 746 00:42:34,640 --> 00:42:39,080 Why on earth would they compare your company to a drug dealer? 747 00:42:40,760 --> 00:42:42,880 Sir, I have great respect for you in this committee, 748 00:42:42,920 --> 00:42:46,800 but I completely disagree with that characterisation. 749 00:42:46,840 --> 00:42:50,600 Isn't it an inherent conflict of interest for Amazon to produce 750 00:42:50,640 --> 00:42:53,520 and sell products on its platform that compete directly 751 00:42:53,560 --> 00:42:56,440 with third party sellers, particularly when you, Amazon, 752 00:42:56,480 --> 00:42:57,880 set the rules of the game? 753 00:42:57,920 --> 00:42:59,840 No, I don't believe it is. 754 00:42:59,880 --> 00:43:03,800 We have, we have... The consumer is the one ultimately 755 00:43:03,840 --> 00:43:04,920 making the decisions. 756 00:43:04,960 --> 00:43:07,480 They're making the decisions about what to buy, 757 00:43:07,520 --> 00:43:10,040 what price to buy it at, who to buy it from, 758 00:43:10,080 --> 00:43:12,480 and our...what we try to do... That's not the question, Mr Bezos. 759 00:43:12,520 --> 00:43:15,280 The question is, is there an inherent conflict of interest? 760 00:43:15,320 --> 00:43:19,080 Mr Bezos, did you personally sign off on the plan to raise prices 761 00:43:19,120 --> 00:43:21,760 after Amazon limited its competition? 762 00:43:23,160 --> 00:43:25,480 I don't remember that at all. 763 00:43:25,520 --> 00:43:28,520 I found Jeff Bezos interested mostly in getting out of the hearing 764 00:43:28,560 --> 00:43:30,760 without answering the questions. 765 00:43:30,800 --> 00:43:31,960 Please raise your right hand. 766 00:43:32,000 --> 00:43:34,400 Do you swear or affirm under penalty of perjury...? 767 00:43:34,440 --> 00:43:36,440 The hearings took a dramatic turn 768 00:43:36,480 --> 00:43:39,040 when an Amazon executive took the stand. 769 00:43:39,080 --> 00:43:41,600 Let me answer... Can I remind you, sir, you're under oath? Yes. 770 00:43:41,640 --> 00:43:43,440 Thank you for your question. 771 00:43:43,480 --> 00:43:46,480 We use data to serve our customers, 772 00:43:46,520 --> 00:43:50,320 and to clarify my question, we don't use individual seller data 773 00:43:50,360 --> 00:43:52,120 to directly compete with them. 774 00:43:52,160 --> 00:43:54,960 And again, similarly, with respect to some of the... Do you use...? 775 00:43:55,000 --> 00:43:59,800 Let me just... Do you use consumer data to favour Amazon products? 776 00:43:59,840 --> 00:44:03,160 Amazon repeatedly told Congress, on the record, 777 00:44:03,200 --> 00:44:05,560 we do not give preference to our own brands, 778 00:44:05,600 --> 00:44:09,960 and that is the lie that Congress caught them in. 779 00:44:10,000 --> 00:44:14,200 It is not against the law to preference your own brands. 780 00:44:14,240 --> 00:44:18,080 It is against the law to lie to Congress about it. 781 00:44:18,120 --> 00:44:19,680 Thank you very much, Congressman. 782 00:44:19,720 --> 00:44:23,520 Cicilline accused Amazon of criminally misleading Congress 783 00:44:23,560 --> 00:44:26,320 and took the unprecedented step of referring it 784 00:44:26,360 --> 00:44:28,120 to the Department of Justice. 785 00:44:29,480 --> 00:44:32,680 An untruthful statement is a very serious matter. 786 00:44:32,720 --> 00:44:35,360 If the Department of Justice makes a determination that a witness 787 00:44:35,400 --> 00:44:38,200 was untruthful, they can face a jail sentence. 788 00:44:39,520 --> 00:44:41,880 Amazon denies it lied to the committee 789 00:44:41,920 --> 00:44:45,120 and the attorney general is still investigating. 790 00:44:45,160 --> 00:44:48,160 But not long after he appeared in front of Congress, 791 00:44:48,200 --> 00:44:51,280 Bezos resigned as Amazon CEO. 792 00:44:51,320 --> 00:44:55,080 I don't think it's a coincidence that Amazon asked Jeff Bezos 793 00:44:55,120 --> 00:44:58,600 to step down after that testimony to Congress. 794 00:44:58,640 --> 00:45:00,840 It's pretty clear that they wanted somebody else 795 00:45:00,880 --> 00:45:02,640 to be the face of the company. 796 00:45:05,120 --> 00:45:08,680 As well as record layoffs at Amazon in January, 797 00:45:08,720 --> 00:45:11,000 employee protests are spreading. 798 00:45:13,000 --> 00:45:16,280 In the UK, workers are striking for the first time, 799 00:45:16,320 --> 00:45:18,000 demanding better conditions... 800 00:45:20,080 --> 00:45:24,400 ..and Chris Smalls is pushing to create more unions in the US. 801 00:45:26,880 --> 00:45:30,880 We're hoping that we'll be able to expand into, you know, 802 00:45:30,920 --> 00:45:32,160 all across the nation. 803 00:45:35,080 --> 00:45:37,080 Chris Smalls stood up to Amazon 804 00:45:37,120 --> 00:45:40,240 and he's won a major battle in that fight, 805 00:45:40,280 --> 00:45:44,560 at the same moment that we have Congress moving 806 00:45:44,600 --> 00:45:48,880 towards passing major tech legislation. 807 00:45:50,320 --> 00:45:53,280 This battle between the big tech companies 808 00:45:53,320 --> 00:45:57,480 and those that are trying to bring real change here 809 00:45:57,520 --> 00:45:59,920 is the battle of David and Goliath. 810 00:46:01,080 --> 00:46:02,560 We all have to be David. 811 00:46:02,600 --> 00:46:04,800 You know, it's not just one David. 812 00:46:04,840 --> 00:46:06,600 All the workers coming together. 813 00:46:08,120 --> 00:46:11,120 So this is not an easy fight, but it's a fight we're going to win. 814 00:46:50,160 --> 00:46:53,360 Subtitles by Red Bee Media 67066

Can't find what you're looking for?
Get subtitles in any language from opensubtitles.com, and translate them here.