Posted 10/20/2023, 9:15:00 PM
Amazon's Success in E-Commerce and Cloud Computing Driven by Its Embrace of AI
- Amazon relies heavily on AI in e-commerce for personalized recommendations, automation, robotics, and logistics.
- AI enables Amazon Web Services to meet enterprise demand for computing and provide AI services like machine learning.
- AI's future potential will benefit Amazon due to its culture of innovation, data access, resources, and partnerships.
- Amazon stock provides exposure to AI at a reasonable valuation compared to high-risk, unprofitable AI startups.
- Amazon is a well-established, profitable company unlike many emerging AI firms.