Ina Fried

Recent Posts by Ina Fried

Bezos: People Don’t Want Gadgets, They Want Services

Amazon CEO Jeff Bezos says there is a simple reason that few people bought the dozens of Android tablets launched last year.

Most folks don’t want gadgets, Bezos said. They want services.

And the Kindle Fire, Bezos said, is more a service than a gadget. Bezos is speaking at an Amazon event that just kicked off. (Click here for our live coverage.)

Bezos began by showing the commercial that aired last night, which he said hopefully captures the spirit of his company.

“We love to invent,” Bezos said. “We even like going down alleys that turn out to be blind alleys. Every once in a while, one of those blind alleys opens up into a broad avenue, and that’s really fun.”

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Just as the atom bomb was the weapon that was supposed to render war obsolete, the Internet seems like capitalism’s ultimate feat of self-destructive genius, an economic doomsday device rendering it impossible for anyone to ever make a profit off anything again. It’s especially hopeless for those whose work is easily digitized and accessed free of charge.

— Author Tim Kreider on not getting paid for one’s work