For-profit companies create significant value to society through their essential services and products, often exceeding the impact of charitable giving, as demonstrated by Amazon's role in daily life and during crises like the pandemic.
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Jeff Bezos: My for-profit companies will benefit society more than my charitable givingAdded:
If I do my job right, >> Right.
the the value to society and civilization from my for-profit companies will be much, much larger Right. than the than the good that I do with my charitable giving.
And I think this is an important point to make because peop- people forget or they sometimes don't see that when, you know, when you create something like Amazon and you're saving I get letters from new mothers all the time that say like I have no idea what I would be doing right now if I didn't have Amazon, thank you. Or what we did in the pandemic when people could really see what an essential service we provided to them. And so, you know, this is uh it we're Amazon creates tremendous value. And by the way, all companies are creating value of some kind. That's That's why people are voluntarily giving them money. Right.
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