'Amazon will fail. Amazon will go bankrupt': Jeff Bezos makes surprise admission about Amazon’s lifespan
Amazon CEO Jeff Bezos. Jeff Bezos told Amazon employees that he predicts "one day Amazon will fail," according to a recording of an internal meeting heard by CNBC. Bezos added that Amazon's job is to delay failure for as long as possible by focussing on its customers. Amazon staffers told CNBC that issues such as government regulation and potential antitrust violations worry them. Amazon CEO Jeff Bezos made a stunning admission last week in an all-hands meeting, a recording of which was heard by
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Well, most companies will fail and go bankrupt at one point in the future, so it's not that strange of a prediction.
well sure every company will at some point
I wonder if he sees the future in peer-to-peer networks and what can be done there. If a new internet does develop, something like Amazon and its centralized nature could be ancient news.
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