Latest / Omni Talk Retail / Fast Five Shorts | Amazon Shuts Down Secret Fertility Tracker Project
Transcript
- 0:00This
- 0:00is
- 0:00a
- 0:00headline
- 0:00I
- 0:01could
- 0:01not
- 0:01make
- 0:01up
- 0:01if
- 0:01I
- 0:01tried.
- 0:02And
- 0:02Amazon
- 0:03has
- 0:03shut
- 0:03down
- 0:03a
- 0:04recent
- 0:04secret
- 0:04project
- 0:05to
- 0:06develop
- 0:06a
- 0:06fertility
- 0:07tracker.
- 0:07According
- 0:08to
- 0:08cnbc,
- 0:09the
- 0:09company
- 0:09had
- 0:10been
- 0:10working
- 0:10to
- 0:10launch
- 0:10a
- 0:11fertility
- 0:11monitoring
- 0:12device
- 0:12and
- 0:13companion
- 0:13smartphone
- 0:14app
- 0:14for
- 0:14the
- 0:14past
- 0:14four
- 0:15years
- 0:15as
- 0:16a
- 0:16project
- 0:16as
- 0:17part
- 0:17of
- 0:17a
- 0:17project
- 0:18codenamed
- 0:18Encore.
- 0:19I
- 0:19guess
- 0:20said
- 0:20people
- 0:20who
- 0:21asked
- 0:21not
- 0:21to
- 0:21be
- 0:21named
- 0:22because
- 0:22they
- 0:22weren't
- 0:22authorized
- 0:23to
- 0:23speak
- 0:23to
- 0:23the
- 0:24press.
- 0:24No
- 0:24surprise
- 0:24there.
- 0:25Or
- 0:25they
- 0:25didn't
- 0:25like
- 0:25the
- 0:26name
- 0:26of
- 0:26their
- 0:26product.
- 0:27Project
- 0:28like,
- 0:28right,
- 0:28I
- 0:28don't
- 0:29want
- 0:29to
- 0:29write
- 0:29to
- 0:30Project
- 0:30Encore.
- 0:31Project
- 0:31Encore,
- 0:32yes.
- 0:32Well,
- 0:32that
- 0:32even
- 0:32the
- 0:32naming
- 0:33gets
- 0:33even
- 0:33better.
- 0:33And
- 0:34because
- 0:34the
- 0:34team
- 0:34sat
- 0:35within
- 0:35Amazon's
- 0:36Grand
- 0:36Challenge,
- 0:37which
- 0:37connotes
- 0:38all
- 0:38kinds
- 0:38of
- 0:38bad
- 0:38things
- 0:39for
- 0:39me,
- 0:40are
- 0:40also
- 0:40known
- 0:41as
- 0:41its
- 0:41special
- 0:42projects
- 0:42division,
- 0:43the
- 0:43sources
- 0:43said.
- 0:44The
- 0:44project
- 0:44appears
- 0:45to
- 0:45have
- 0:45been
- 0:45a
- 0:45costly
- 0:46endeavor
- 0:46as
- 0:46well,
- 0:47and
- 0:47required
- 0:47significant
- 0:48upfront
- 0:48investments
- 0:48for
- 0:49lab
- 0:49research
- 0:49and
- 0:50development,
- 0:50in
- 0:50addition
- 0:51to
- 0:51the
- 0:51high
- 0:51salaries
- 0:52for
- 0:52scientists
- 0:52and
- 0:53engineers,
- 0:54the
- 0:54sources
- 0:54said,
- 0:55adding
- 0:55that
- 0:55the
- 0:55team's
- 0:56weekly
- 0:56overhead
- 0:57was
- 0:57roughly
- 0:58$1.5
- 0:59million,
- 0:59which
- 1:00by
- 1:00my
- 1:00counts
- 1:00and
- 1:01is
- 1:01some
- 1:01significant
- 1:02Cheddar.
- 1:02Are
- 1:03you
- 1:03pro
- 1:03or
- 1:04con
- 1:04the
- 1:04idea
- 1:05of
- 1:05an
- 1:05E
- 1:05commerce
- 1:06retailer
- 1:07tracking
- 1:07your
- 1:08fertility?
- 1:10I
- 1:11don't
- 1:11think
- 1:11that's
- 1:11the
- 1:12question
- 1:12to
- 1:12ask.
- 1:13I
- 1:13really
- 1:13don't.
- 1:13Oh,
- 1:13really?
- 1:14Okay.
- 1:14I
- 1:15think
- 1:15that
- 1:15everybody
- 1:15is.
- 1:16So
- 1:16you
- 1:16could
- 1:16be
- 1:16okay
- 1:17with
- 1:17it.
- 1:18Yeah,
- 1:18I
- 1:18mean,
- 1:18there's.
- 1:19I
- 1:19give
- 1:19my
- 1:20information
- 1:20to
- 1:21a
- 1:21tracker
- 1:22and
- 1:23it
- 1:23doesn't
- 1:23matter
- 1:23to
- 1:24me
- 1:24if
- 1:24it's
- 1:24Clue
- 1:25or
- 1:25it's
- 1:25Amazon.
- 1:26I
- 1:26don't
- 1:26think
- 1:26that's
- 1:26the
- 1:27story
- 1:27here.
- 1:27I
- 1:27think
- 1:28there,
- 1:28the
- 1:28press
- 1:29and
- 1:29media
- 1:29is
- 1:30using
- 1:30this
- 1:30as
- 1:30an
- 1:31opportunity
- 1:31to
- 1:31kind
- 1:32of
- 1:32freak
- 1:32people
- 1:32out.
- 1:33Given
- 1:33the
- 1:33current
- 1:33climate
- 1:34of
- 1:34like
- 1:34Amazon's
- 1:35tracking
- 1:36your
- 1:36fertility.
- 1:36Well,
- 1:37there's
- 1:38some
- 1:38benefits
- 1:38to
- 1:38that
- 1:39too.
- 1:39And
- 1:39I
- 1:39don't
- 1:39think
- 1:39it's
- 1:40wrong
- 1:40for
- 1:40Amazon
- 1:41to
- 1:41be
- 1:41doing
- 1:41this.
- 1:41I
- 1:42mean,
- 1:42if
- 1:42I
- 1:42can
- 1:42get
- 1:43vitamins
- 1:44or
- 1:44I
- 1:44can
- 1:44get
- 1:45other
- 1:45things,
- 1:45you
- 1:45know,
- 1:46because
- 1:46there's,
- 1:46it's
- 1:46more
- 1:46than
- 1:47fertility
- 1:47that
- 1:47you
- 1:47track
- 1:48in
- 1:48these
- 1:48apps.
- 1:48It's,
- 1:49how
- 1:49are
- 1:49you
- 1:49doing
- 1:50on
- 1:50sleep,
- 1:50your
- 1:51mood,
- 1:51energy,
- 1:52all
- 1:52these
- 1:52other
- 1:52things.
- 1:53And
- 1:53so
- 1:53I
- 1:53think
- 1:53that
- 1:54if
- 1:54you
- 1:54start
- 1:54to
- 1:54look
- 1:55at
- 1:55those
- 1:55things
- 1:56and
- 1:56would
- 1:56it
- 1:56be
- 1:57convenient
- 1:57for
- 1:57me
- 1:57to
- 1:58get
- 1:58vitamins
- 1:58delivered
- 1:59to
- 1:59me
- 1:59in
- 2:00a
- 2:00couple
- 2:00of
- 2:00hours
- 2:01through
- 2:01my
- 2:01Amazon
- 2:02prime
- 2:02membership
- 2:03or
- 2:03other
- 2:03things
- 2:04like
- 2:04there,
- 2:04there
- 2:05could
- 2:05be
- 2:05benefits.
- 2:05So
- 2:06I
- 2:06don't,
- 2:06I
- 2:06don't
- 2:06think
- 2:07people
- 2:07should
- 2:07be
- 2:07hating
- 2:08on
- 2:08Amazon
- 2:08for
- 2:09trying
- 2:09something
- 2:09like
- 2:10this.
- 2:10What
- 2:11I
- 2:11do
- 2:11think
- 2:11we
- 2:11should
- 2:11be
- 2:11paying
- 2:12attention
- 2:12is
- 2:12to.
- 2:13Is
- 2:13the
- 2:13fact
- 2:13that
- 2:13Jassy
- 2:14is
- 2:15really
- 2:15looking
- 2:16closely
- 2:16at
- 2:16where
- 2:16they
- 2:17can
- 2:17curb
- 2:17spending,
- 2:18that
- 2:18Amazon
- 2:19is
- 2:19in
- 2:19a
- 2:19challenging
- 2:20position
- 2:20like
- 2:20A
- 2:21lot
- 2:21of
- 2:21other
- 2:21retailers
- 2:22are
- 2:22right
- 2:22now
- 2:22and
- 2:23they
- 2:23need
- 2:23to
- 2:23start
- 2:23to
- 2:23look
- 2:24at
- 2:24where
- 2:24they
- 2:24can
- 2:24cut
- 2:24costs.
- 2:25And
- 2:25unfortunately,
- 2:25as
- 2:26we
- 2:26know,
- 2:26Chris,
- 2:27like,
- 2:27innovation
- 2:27is
- 2:28some
- 2:28of
- 2:28the
- 2:28first
- 2:28places
- 2:29where
- 2:29they
- 2:29can
- 2:30cut
- 2:30some
- 2:30of
- 2:30that
- 2:30spending,
- 2:31especially
- 2:32at
- 2:32the
- 2:32burn
- 2:32rate
- 2:32that
- 2:32you're
- 2:33talking
- 2:33about,
- 2:33you
- 2:33know,
- 2:34one
- 2:34million
- 2:35something
- 2:35a
- 2:35week.
- 2:35I
- 2:36mean,
- 2:36it
- 2:36makes
- 2:37sense
- 2:37that
- 2:37this
- 2:37might
- 2:37get,
- 2:38get
- 2:38tabled
- 2:39for
- 2:39a
- 2:39little
- 2:39while
- 2:39so
- 2:39they
- 2:39can
- 2:40focus
- 2:40on
- 2:40the
- 2:40core
- 2:41business.
- 2:41So
- 2:41I
- 2:41think
- 2:42that's
- 2:42what's
- 2:42the
- 2:42real
- 2:43headline
- 2:43here.
- 2:44Not
- 2:44whether
- 2:44or
- 2:44not
- 2:45Amazon
- 2:45should
- 2:45be
- 2:46doing
- 2:46a
- 2:46fertility
- 2:46tracking
- 2:47program.
- 2:47But
- 2:48what,
- 2:48what,
- 2:48what
- 2:48are
- 2:48your
- 2:49thoughts?
- 2:49I
- 2:49mean,
- 2:49what
- 2:49would
- 2:49you
- 2:49do
- 2:50if.
- 2:50You
- 2:50were
- 2:51so
- 2:51I
- 2:51want
- 2:51to
- 2:51make
- 2:52sure
- 2:52I
- 2:52understood
- 2:52you
- 2:52correctly.
- 2:53So
- 2:53you're
- 2:53saying
- 2:53that
- 2:54you're
- 2:54a,
- 2:54you're
- 2:55fine
- 2:55with
- 2:55Amazon
- 2:56doing
- 2:56this
- 2:56if
- 2:56they
- 2:57didn't
- 2:57have
- 2:57the
- 2:57budget
- 2:57constraints
- 2:58that
- 2:58they're
- 2:58currently
- 2:59facing
- 2:59given
- 2:59their
- 3:00current
- 3:00financial
- 3:00performance?
- 3:01You
- 3:01are.
- 3:02Wow.
- 3:02Okay,
- 3:03this
- 3:03is
- 3:03not
- 3:03the
- 3:03area
- 3:04where,
- 3:04this
- 3:05is
- 3:05not
- 3:05Amazon's
- 3:06core
- 3:06business
- 3:06right
- 3:06now.
- 3:07This
- 3:07is
- 3:07the
- 3:07potential
- 3:08down
- 3:08the
- 3:08road
- 3:09to
- 3:10find
- 3:10other
- 3:11areas
- 3:11for
- 3:12generating
- 3:12revenue.
- 3:13So
- 3:13I
- 3:13don't
- 3:13like
- 3:14the
- 3:14idea.
- 3:15Interesting.
- 3:16And
- 3:16that's
- 3:16why
- 3:16I
- 3:16don't
- 3:16like
- 3:16it
- 3:17because
- 3:17I
- 3:17think
- 3:17it's
- 3:18just
- 3:18outside
- 3:18of
- 3:18the
- 3:19core
- 3:19in
- 3:19general.
- 3:21And
- 3:21it
- 3:21shows
- 3:22two
- 3:22things
- 3:22to
- 3:22me.
- 3:22One,
- 3:22it
- 3:22shows
- 3:23to
- 3:23me
- 3:23the,
- 3:24the
- 3:24sheer
- 3:24temerity
- 3:25or
- 3:25hubris
- 3:26that
- 3:27Amazon
- 3:27thinks
- 3:27its
- 3:28success
- 3:28in
- 3:28selling
- 3:28goods
- 3:29via
- 3:29E
- 3:29commerce
- 3:30and
- 3:30cloud
- 3:30data
- 3:30storage
- 3:31allows
- 3:31it
- 3:31to
- 3:31do
- 3:32right,
- 3:32that
- 3:32it
- 3:32can
- 3:33get
- 3:33into
- 3:33fertility
- 3:34tracking.
- 3:34Because
- 3:35the
- 3:35actual
- 3:36tie
- 3:36ins
- 3:36with
- 3:36Amazon's
- 3:37vaunted
- 3:38flywheel
- 3:38are
- 3:38stretches
- 3:39at
- 3:39best.
- 3:39Like,
- 3:39oh
- 3:39yeah,
- 3:39I
- 3:40can
- 3:40get
- 3:40my
- 3:40vitamin.
- 3:40I
- 3:40can
- 3:41know
- 3:41when
- 3:41to
- 3:41send
- 3:41people
- 3:41their
- 3:42vitamins.
- 3:42Like,
- 3:42I
- 3:43don't,
- 3:43I
- 3:43don't
- 3:43know
- 3:44like
- 3:44that,
- 3:44that's
- 3:44okay,
- 3:45fine,
- 3:45you
- 3:45could
- 3:45always
- 3:45make
- 3:46those
- 3:46connections.
- 3:46But
- 3:47like,
- 3:47come
- 3:47on,
- 3:48there's
- 3:48more
- 3:48here
- 3:48on
- 3:49this
- 3:49than
- 3:49meets
- 3:50the
- 3:50eye.
- 3:50And
- 3:51so
- 3:51I
- 3:51think
- 3:51he's
- 3:51right
- 3:52to
- 3:52pull
- 3:52the
- 3:52plug
- 3:52on
- 3:52this.
- 3:53I
- 3:53think
- 3:53they've
- 3:53gotten
- 3:53their
- 3:54skis
- 3:54too
- 3:54far
- 3:54ahead
- 3:55of
- 3:55them,
- 3:55gotten
- 3:55too
- 3:56far
- 3:56ahead
- 3:56on
- 3:56their
- 3:56skis
- 3:57for
- 3:57many
- 3:58projects
- 3:58like
- 3:58this.
- 3:58And
- 3:59so
- 3:59I
- 3:59think
- 3:59it
- 3:59brings
- 3:59them
- 3:59back
- 3:59to
- 4:00the
- 4:00core
- 4:00of
- 4:00like,
- 4:00what
- 4:01really
- 4:01gets
- 4:01Amazon's
- 4:02flywheel
- 4:02working
- 4:03and
- 4:03where
- 4:03do
- 4:03they
- 4:03really
- 4:04have
- 4:04a
- 4:04right
- 4:04to
- 4:04win
- 4:05now
- 4:05with
- 4:06that
- 4:06said,
- 4:06Anne,
- 4:07I'm
- 4:07going
- 4:07to
- 4:07talk
- 4:08out
- 4:08of
- 4:08both
- 4:08sides
- 4:08of
- 4:08my
- 4:09mouth
- 4:09because
- 4:09I
- 4:10will
- 4:10still
- 4:10take
- 4:10discounted
- 4:11Ed
- 4:11drugs
- 4:12and
- 4:12hair
- 4:12loss
- 4:12drugs
- 4:13till
- 4:13the
- 4:13cows
- 4:13come
- 4:13home.
- 4:14Like
- 4:14they
- 4:14announced
- 4:14last
- 4:15week
- 4:15too.
- 4:15So,
- 4:16so,
- 4:16you
- 4:16know,
- 4:17I
- 4:17don't
- 4:17know,
- 4:17but
- 4:18this
- 4:18just
- 4:18feels
- 4:19different
- 4:19to
- 4:19me.
- 4:19That
- 4:20feels
- 4:20like
- 4:20core
- 4:21retail
- 4:21and
- 4:22commerce.
- 4:22This
- 4:23feels
- 4:23like
- 4:23a
- 4:23bridge
- 4:24too
- 4:24far
- 4:24for
- 4:24me.
- 4:24But
- 4:24I
- 4:25don't
- 4:25know.
- 4:25You
- 4:25get
- 4:25the
- 4:25last
- 4:25word
- 4:25on
- 4:26this
- 4:26one.
- 4:27See,
- 4:27I
- 4:27still
- 4:27disagree.
- 4:28I
- 4:28mean,
- 4:28it
- 4:28sounds
- 4:28like
- 4:28they
- 4:29still
- 4:29have
- 4:29one
- 4:29project
- 4:30in
- 4:30this
- 4:30grand
- 4:30challenge
- 4:32portfolio
- 4:33that's
- 4:34still
- 4:34in
- 4:34the
- 4:35healthcare
- 4:35space.
- 4:36And
- 4:36I
- 4:36do
- 4:37think,
- 4:37like,
- 4:37again,
- 4:37I
- 4:38think
- 4:38people
- 4:38are
- 4:38focusing
- 4:39too
- 4:39much
- 4:39on
- 4:39the
- 4:39fertility
- 4:40tracker
- 4:40part
- 4:40of
- 4:40this.
- 4:41There
- 4:41are
- 4:41so
- 4:41many
- 4:41more
- 4:42elements.
- 4:42There's
- 4:43a
- 4:43flywheel
- 4:43of
- 4:44once
- 4:44someone
- 4:44does
- 4:45get
- 4:45pregnant
- 4:45and
- 4:45they
- 4:45are
- 4:46already
- 4:46in
- 4:46the
- 4:46Amazon
- 4:47universe,
- 4:47you
- 4:47are
- 4:48able
- 4:48to
- 4:48bring
- 4:48them
- 4:48in
- 4:49to
- 4:49start
- 4:49offering
- 4:49them
- 4:50baby
- 4:50gear.
- 4:51You're
- 4:51starting
- 4:51to,
- 4:51like,
- 4:52get
- 4:52them
- 4:52earlier
- 4:53in
- 4:53on
- 4:53the
- 4:53cycle.
- 4:53I
- 4:53don't
- 4:54think
- 4:54this
- 4:54is
- 4:54any
- 4:54different
- 4:55than,
- 4:55like,
- 4:55some
- 4:55of
- 4:56the
- 4:56stuff
- 4:56they're
- 4:56doing,
- 4:57like
- 4:57right
- 4:57now,
- 4:57the
- 4:58Amazon
- 4:58hall,
- 4:59like
- 4:59the
- 4:59TEMU
- 4:59competitor
- 5:00thing,
- 5:00like,
- 5:00they're
- 5:00trying
- 5:01to
- 5:01find
- 5:01new
- 5:02areas
- 5:02for
- 5:03growth.
- 5:03And
- 5:03I
- 5:03don't
- 5:04think
- 5:04that
- 5:04that's
- 5:05a
- 5:05terrible
- 5:05idea
- 5:06to
- 5:06get
- 5:07people
- 5:07attracted
- 5:08to.
- 5:08You
- 5:09used
- 5:09to
- 5:09checking
- 5:10an
- 5:10app
- 5:11multiple
- 5:11times
- 5:11a
- 5:12day
- 5:13and
- 5:13then
- 5:13being
- 5:14able
- 5:14to
- 5:14transact
- 5:15right
- 5:15within
- 5:15it.
- 5:16So
- 5:16I.
- 5:16I
- 5:17don't
- 5:17hate
- 5:17it
- 5:17and
- 5:17I
- 5:17think
- 5:18that
- 5:18people
- 5:18are
- 5:18focused
- 5:18a
- 5:19little
- 5:19bit
- 5:19too
- 5:19much
- 5:19on
- 5:20one
- 5:20particular
- 5:20function
- 5:21of
- 5:21it.
- 5:21So
- 5:22that's
- 5:22where
- 5:22I'll.
- 5:23That's
- 5:23where
- 5:23I'll
- 5:23leave
- 5:23it.
- 5:24But
- 5:25fair
- 5:25point.
- 5:25And
- 5:26we
- 5:26agree
- 5:26to
- 5:26disagree.
- 5:27Anne.
- 5:27That's
- 5:27right.
- 5:28This
- 5:28is
- 5:28a
- 5:29very
- 5:29civilized
- 5:29show
- 5:30that
- 5:30we
- 5:30have
- 5:30friendly
- 5:31today
- 5:31and
- 5:31we're
- 5:32very
- 5:32friendly
- 5:32until
- 5:33we
- 5:33get
- 5:33further
- 5:34into
- 5:34the
- 5:34show.
- 5:34Don't
- 5:34worry,
- 5:35people,
- 5:35we'll
- 5:35be
- 5:35back.
- 5:35Yes.