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Show Notes:
Amazon's growth and third-party sales. 0:00
Amazon's third-party sales have grown from 3% to 58% of total gross merchandise sales, outpacing first-party growth.
Amazon's success and innovation culture. 1:43
Amazon invested in tools and programs to help independent sellers compete with its own first-party business, leading to significant growth.
Speaker 2 emphasizes the importance of customer obsession and invention in business.
Innovation and customer-centric approach at AWS. 5:18
AWS co-founder Jeff Bezos emphasizes the importance of innovation and customer focus in creating successful products.
AWS CEO: Democratizing AI with Sage Maker, $30B annual run rate business.
Innovation and risk-taking at Amazon. 8:52
Amazon aims to eliminate checkout lines with Amazon Go, delighting customers with a seamless shopping experience.
Amazon's Echo debuted in 2014, powered by Alexa, with over 100 million Alexa-enabled devices sold since.
Employee benefits and training at Amazon. 12:57
Amazon's CEO challenges competitors to match its $15 minimum wage and employee benefits.
Amazon pledges $50 million to support STEM education and upskill 50,000 employees.