AWS CEO Sees AI's Potential But Calls for Regulation While Expanding Investments Despite Scrutiny

AWS CEO says AI has "potential for tremendous good" but also "potential for misuse" so regulations needed.

Amazon investing billions into AI like $4B deal with Anthropic, despite lawmakers scrutinizing its dominance.

AWS infrastructure investments total $108B since 2011, contributed $37B to US economy.

AWS CEO disagrees with Sanders that Amazon pays no taxes, citing study on jobs created.

AWS growth slowed to 12% last quarter but CEO sees "significantly more" long-term potential especially with innovations like Generative AI.