Technology

Jeff Bezos outlines plan for reviving the world economy

Jeff Bezos world economy

The world is locked down, there is panic, there is uncertainty and there is a mess – people are still trying to figure out the impact of the Covid-19 pandemic. The economy has gone for a toss and there is no clarity about what the repercussions will be. Amazon CEO Jeff Bezos, currently the richest man in the world, however seems to have a plan.

In an annual letter to Amazon shareholders, Bezos wrote that testing people on a large scale could help in keeping the economy up and running and it will also keep a check on the patients.

“Regular testing on a global scale, across industries, would both keep the people safe and help the economy back up and running,” Bezos wrote.

“If every person could be tested regularly, it would make a huge difference in how we fight this virus. Those who test positive could be quarantined and cared for, and everyone who tests negative could re-enter the economy with confidence,” Bezos wrote.

Amazon has also started building its own lab and Bezos spoke about the same – “We’ve begun the work of building incremental testing capacity. A team of Amazonians – from research scientists and program managers to procurement specialists and software engineers – moved from their normal day job onto a dedicated team to work on this initiative”.

“We’ve begun the work of building incremental testing capacity. A team of Amazonians—from research scientists and program managers to procurement specialists and software engineers—moved from their normal day jobs onto a dedicated team to work on this initiative. We have begun assembling the equipment we need to build our first lab and hope to start testing small numbers of our frontline employees soon. We are not sure how far we will get in the relevant timeframe, but we think it’s worth trying, and we stand ready to share anything we learn,” Bezos said.

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