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Jeff Bezos Willing to Work With Trump to Remove Regulatory Barriers

Dec 04, 2024 - variety.com
Amazon founder Jeff Bezos expressed his willingness to work with President-elect Donald Trump to dismantle government regulations that hinder economic growth, during his speech at the New York Times’ DealBook Summit. Bezos, who is optimistic about Trump's energy towards reducing regulation, also addressed the backlash he received for deciding not to endorse a candidate in the U.S. presidential election through the Washington Post, which he owns. He defended the decision as not being cowardly and stated that he was proud of it.

Bezos, who is also the founder of aerospace company Blue Origin, spoke about his involvement with Amazon and his focus on artificial intelligence. He sees a future where humanity extends beyond Earth and believes that Blue Origin could eventually be a bigger business than Amazon. In 2022, Bezos pledged to donate most of his wealth to charitable causes within his lifetime, establishing the Bezos Earth Fund to fight climate change, with $10 billion in total grants targeted to be disbursed by 2030.

Key takeaways:

  • Jeff Bezos, founder of Amazon, expressed his willingness to work with President-elect Donald Trump to reduce government regulations that impede economic growth.
  • Bezos also addressed the backlash he received for deciding not to endorse a candidate in the U.S. presidential election through the Washington Post, which he owns.
  • Despite being the second-richest person in the world, Bezos continues to be actively involved in Amazon, focusing on artificial intelligence, and also runs Blue Origin, a company aimed at making spaceflight more affordable and safe.
  • Bezos has pledged to donate most of his wealth to charitable causes within his lifetime, establishing the Bezos Earth Fund to combat climate change, with $10 billion in total grants to be disbursed by 2030.
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