ClaimsJeff Bezos

“We live in an era of extraordinary increases in available bandwidth, disk space, and processing power, all of which continue to get cheap fast.”

Jeff Bezos, CEO, in shareholder letter 2011 2010 Letter to Shareholders (SEC (Amazon))

Factual AI compute, hardware and data

Available bandwidth, disk space and processing power are increasing extraordinarily and continue to get cheaper quickly.

Mostly true True in substance, wrong in a detail.

Factual: Statements about the present or the past, checked against the record: did they hold up?

The second judge would not resolve this claim; the verdict shown is the first judge's.

Said for an organisation they lead or work for; it counts on both records.

What would count as true or false

Judge as of 2011. True: data from around 2011 (industry or academic cost and capacity trends, such as the falling cost per GB of disk storage, the cost per unit of computing, and bandwidth growth or price per Mbps) shows all three resources growing fast and getting quickly cheaper. Mostly true: the general trend holds, but one of the three was improving more slowly than 'fast'. Mixed: one or two of the three resources show the trend and the others do not. Mostly false: the trend held only weakly, or only for one resource. False: evidence shows these resources were not getting cheaper or growing in that period.

Set before the research began.

Evidence (3)

  1. E1 Broadband, Now Cheaper Than Ever GigaOM (Om Malik) · 2 February 2011

    “The latest data from Point Topic, a broadband research firm, shows that broadband prices are down by 50 percent on per megabit basis from 2008.”
  2. E2 Would you pay $7,260 for a 3 TB drive? Charting HDD and SSD prices over time - Pingdom Pingdom · 19 December 2011

    “The average price of HDD has fallen from $56.03 / GB in 1998 to $0.075 in 2011.”
  3. E3 Cisco Visual Networking Index: Forecast and Methodology, 2011–2016 Cisco (hosted by ITU) · 30 May 2012

    “Global IP traffic has increased eightfold over the past 5 years, and will increase threefold over the next 5 years.”

Reasoning

E1 reports that by early 2011, broadband prices per megabit had fallen by 50 percent since 2008. E3 reports that global IP traffic grew eightfold over the five years before its 2011–2016 forecast, which indicates bandwidth use was rising fast. E2 shows the average hard-disk price falling from $56.03/GB in 1998 to $0.075/GB in 2011. None of the evidence covers processing power or its cost, so only two of the three resources are confirmed and the full claim cannot be rated true.

Cite this claim

Jeff Bezos, “Available bandwidth, disk space and processing power are increasing extraordinarily and continue to get cheaper quickly.” (said 2011). Verdict: mostly true. Reliability API, claim c_5b630b11f0be, method 0.1.0+c876030c, dataset release v1.1.2. https://epistacklabs.com/claims/c_5b630b11f0be

This claim is in dataset release v1.1.2, with the same verdict.

Reply to this claim

For Jeff Bezos, or someone speaking for them: a correction or counter-evidence. Replies are read before anything is shown; an approved reply shows your name, role, date, statement and link. Your email address is never shown and is deleted 30 days after the decision (privacy).

More factual claims by Jeff Bezos

  1. Mixed Factual 6 October 2025
    “But we did get a couple of life saving drugs.”

    A past bubble, in which the companies as a group lost money, still produced a couple of life-saving drugs.

  2. Mostly true Factual 6 October 2025
    “It’s a perfect example that all of that fiber, fiber optic cable that got laid and by the way, the companies who laid all that cable went out of business.”

    The companies that laid fiber optic cable during the Internet bubble went out of business, going bankrupt.

  3. Mostly true Factual 6 October 2025
    “But the fiber optic cable was still there and we got to use it.”

    The fiber optic cable laid by the bankrupt companies remained in place and was later used.

  4. Resolved true Factual 6 October 2025
    “You know, right now computers can easily beat us at chess.”

    Computers can currently easily beat humans at chess.

  5. Resolved true Factual 6 October 2025
    “Amazon stock in a very short period of time went from $113 a share to $6 a share.”

    In 2000, when the Internet bubble burst, Amazon stock fell in a short period from $113 a share to $6 a share.

All of them

Verdicts are made automatically; how verdicts are made.