Bezos explains how to succeed in business

Bezos offers the key to business success

Bezos, at Amazon’s re:MARS conference on AI, while wearing a questionable shirt and sportcoat combination for the world’s wealthiest man, offered business leaders advice for success: 1. Focus on a customer need that will not change, such as customers wanting products delivered faster at lower prices; 2. Focus on something for which you are passionate, as without passion, you will get outworked, and 3. Do something risky because if it is not risky, someone is already doing it. ZDNet

dis-rup-shun: Bezos’ advice appears elementary, until we consider the very things that the company is transforming: shopping, the grocery business, travel (Blue Origin), package delivery (drones), TV watching, controlling home systems (Alexa), and many other industries. Bezos is saying go where the money is and transform the delivery of fundamental needs. Unfortunately for other entrepreneurs, Amazon has already disrupted, or started to, for most industries.

 

Space X shows how a trip from NYC to Shanghai in 39 minutes

In a concept video, Space X shows how passengers will board a high speed ferry which will deliver them to a floating launchpad, where they will board a rocket that hurls them into orbit and makes a gentle touchdown on another floating platform, from which they will be ferried to downtown Shanghai. YouTube

dis-rup-shun: The concept shows why the Space X test landings on floating platforms are critical to the plan. Using a floating platform for travel introduces more opportunities for nature’s interference. Calling home to inform your loved ones that you missed your rocket due to rough seas will be a big disappointment for all. 

 

All three smart speakers to get smarter this year

The race to dominate home voice control through smart speakers means a constant stream of new features. Alexa will allow a user to complete multiple tasks with one request to Alexa. Google’s voice assistant is getting more friendly in that you can now ask it to go back when reading instructions, or simply to “stop” without using the watch word. Siri is now able to distinguish different voices in one room, a skill already possessed by Alexa and Google Assistant, and in the home space, Apple is a distant third. CNet

dis-rup-shun: While smart speakers are great to use and making interaction with home systems much more natural, the new capabilities mean that the tech companies will be listening and recording your conversations longer, so that they will have more context to carry out commands. Those that are worried about being listened to will not be in favor of these new enhancements, but those that are willing to pay for some convenience with some privacy see it as a good deal.

 

FexEx appears to be aligning with Walmart: ends Amazon Express deliveries

FedEx announced that it will not renew its Amazon Express services, using the capacity to assist other e-commerce companies. Meanwhile FedEx is increasing the number of kiosks inside of Walmart stores. New York Times

dis-rup-shun: The online power players are jockeying for position. Walmart is working overtime to catch up with Amazon’s dominance, and FedEx is threatened by Amazon’s growing fleet of trucks and planes. FedEx is likely terminating a low profit contract with Amazon and seeking higher profit per delivery with other customers, and siding with Walmart as both companies seek defense from Amazon’s tight grip on online selling.

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