Under Andy Jassy’s watch Amazon really just missed the boat on AI big time. Alexa was a huge missed opportunity. They had a huge foothold and then basically did nothing with it. AWS doesn’t really have compelling AI offerings. Bedrock should be good but is a mess. The GPU offerings struggle to keep pace with competitors.

The rambling answer to the “why are you behind” question on the last earnings call indicates it’s a sore spot for leadership, but at this point it’s too little too late. The best talent has already settled elsewhere. The only real saving grace is that if/when the AI bubble pops being so far behind might not be a terrible thing.