Friday, February 22, 2008

Jeff Bezos: After the gold rush, there's innovation ahead



The dot-com boom-and-bust is often compared to the 1849 Gold Rush, and Amazon.com founder Jeff Bezos offers historical evidence showing how similar they were: from the riches made by pioneers to the media hype that attracted luckless speculators. But a better analogy can be found in the early days of the electric industry, he shows us. His conclusion in 2003: "I believe there's more innovation ahead of us than behind us."

Filmed Feb 2003

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