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Cutting the cost of something is not a lesser achievement than inventing it, because inventing a cheaper way is precisely how the whole world gets richer.

Drawn from what Jeff Bezos said

innovation
What this subject means

innovation Where new things come from and how they spread: invention against diffusion, and being near the factory floor.

What Jeff Bezos actually said

  1. Jeff Bezos Founder of Amazon in 1994 and of the space company Blue Origin in 2000
    And when you invent a better way, you make the whole world richer. So whatever it was, I don't know how many thousands of years ago, somebody invented the plow. And when they invented the plow, they made the whole world richer because they made farming less expensive. And so it is a big deal to invent better ways. That's how the world gets richer.

    Watch from 0:39:25 plays here

    ↗Jeff Bezos: Amazon and Blue Origin | Lex Fridman Podcast #405youtube.com

    14 Dec 2023 · video · 2h 11m · spoken · official transcript

    All 20 korrents from this recordingthis one is 6th

Added to korrents 7 Sept 2026 · How quotes work · Something wrong? Tell us

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