Amazon is the only big tech has no AI products.
Retail and Cloud prolly doesn't need that AI bandwagon for now. That combination is strong AF
Retail is weaker than many people realize.
What other company can compete with the quantity of distribution centers and low price point Amazon can compete at?
Why does media and social media worship these stupid attention seeking analysts and top shareholders? They donât know much nor contribute anything of value to society except pushing for more middle and lower class people to lose their jobs.
Like anything else there are good ones and bad ones. Look at the effect Altimeter had on Meta - he got Zuck to pivot from metaverse to efficiency and the effect itâs had on the corporate valuation has been dramatic. Sure itâs unfortunate they had to lay off employees but those who are still there had their wealth increase dramatically as a result of the refocus.
Wall St analyst = new tech bro Pushing their "products" which aren't real (futures rate of the future based on fake market caps).
A lot of AI runs on AWS so this is a moot point. They are one acquisition away from a competitive advantage
eBay has become a garbage marketplace riddled with fraud.
I use eBay a lot and save a lot of đ°. Which fraud do you mean?
Why use eBay when you can use Taobao or pinduoduo and buy the same crap for a cheaper price
AWS has a lot of AI/ML servicesâŠ
Who is even sagemaker
SageMaker is just preinstalled open source software like every other AWS managed service.
Analyst (as i singular?) Did this analyst build a better Amazon before? Those charts all going down in the same direction look like something more influenced by macroeconomics, because too many ideas used to be called innovative when in a boom market.
Even Microsoft doesn't have its own AI product isn't it? We just got lucky with OpenAI
Well, todayâs Amazon capitulates to analysts and shareholder whims. Imagine building a $trillion company and just letting stonk ppl tell you to lay off 10âs of thousands of workers because they want quarterly numbers to go up. Now imagine you built that $trillion company and the whole time you said the explicit goal is to never listen to Wall Street on how to run your company.
Amazon listening to wall st would be the grestest irony. They never made a profit for the largest time to invest in their growth and wall st wasn't right about them all that time. Forgetting the lessons of the past, imagine ppl asking Jeff to come back lol
Iâd like Jim Cramer to announce Amazon is doing great by not using AI
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Who gives af about what an analyst thinks? Those AI products that amazon doesnât have yet, will still need AWS.
This^ I seriously dont understand tech companies that literally created an industry taking directions from clueless wall street analysts that dont even understand the business
We benefit by all the desperation to develop AI given the data demands and model development