Wedbush Securities analyst Dan Ives recently called it the fourth industrial revolution -- the other three were brought on by technologies like steam power, electricity, and the internet -- and he conservatively expects $1 trillion in incremental spending over the next decade.
Amazon has three important growth engines in its e-commerce, digital advertising, and cloud computing businesses. The company already enjoys a strong presence in each market, but strategic investments in artificial intelligence (AI) products and fulfillment infrastructure lay the groundwork for continued share gains in the future.
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