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“The reason it’s a test is because we’re still tinkering with the business to try to make the economics acceptable,” Bezos said exactly two years ago. “It’s an expensive service to provide. We’re basically working on it here in Seattle, seeing if we can get it to work. It’s a similar kind of operation to what HomeGrocer did 10 years ago, what Webvan did 10 years ago. We like the idea of it, but we have a high bar on what we expect in terms of the business economics for something like Amazon Fresh in terms of profitability and return on investment capital.”

“It’s way too divisive to say, ‘If you have this opinion, you can’t sit on my board,'” Bezos said Thursday. “That makes no sense.”

“Thank you Jeff for your leadership,” Obama said. “For making such an extraordinary commitment to our veterans and our military spouses today. You are setting the bar high, you are doing a phenomenal job, your team is amazing.”

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“Not yet,” he said. “It will be an exciting world, though, when it happens someday.”

“I’ve looked at doing other businesses purely in AWS, and if you are not ready to be able to spin up and spin down, it is probably not as cost effective as doing it yourself,” said?Joe Specht, senior director of system infrastructure at Tableau Software.

“Technology was not even around at that time. When I first went to China, I didn’t have communication to talk to people back at home or leave a message. Now you look at China, downtown Beijing and Shanghai is about the same as Atlanta. China has moved from an agricultural type of society to an urban society. Those changes were drastic,” Hardman said.

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“It’s also important to understand that e-books are highly price-elastic. This means that when the price goes up, customers buy much less. We’ve quantified the price elasticity of e-books from repeated measurements across many titles. For every copy an e-book would sell at .99, it would sell 1.74 copies if priced at .99. So, for example, if customers would buy 100,000 copies of a particular e-book at .99, then customers would buy 174,000 copies of that same e-book at .99. Total revenue at .99 would be ,499,000. Total revenue at .99 is ,738,000.”

“The details matter a lot,” Goodchild said. “We can’t say as a blanket statement it’s better to shop online than go to the store. We can’t make that kind of conclusion because it depends on where the thing you’re buying came from.”

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“Sitting in the theater is really difficult now, too,” said?Erynne Hundley, also a catalogue specialist. “You’re just like wow, they talk really slow in real life.”

“The aeroponic technology has existed for a while. What we bring to the industry is the technologies to make it more manageable, so it can monitor the plants a lot better and easier,” said Robert Chen, president and CEO of AEssenseGrows.