Overcoming the 'Day 2' Mindset: Amazon Leaders' Fears

Amazon leaders, including CEO of AWS Adam Selipsky, are concerned that a "Day 2" mindset is creeping into the company, with employees complaining about red tape and bureaucracy. As Amazon has grown into a tech and retail giant, maintaining the "Day 1" mentality of customer focus and bold bets has become more challenging. CEO Andy Jassy is exercising discipline in Amazon's bets due to financial pressures and external scrutiny, including a recent FTC suit. Lazy management is also identified as a problem in the tech industry, with some leaders using the term "fake work" to justify layoffs. San Francisco's downtown struggles, the dedollarization war, and Mexico's rise as America's top trade buddy are also discussed.