Amazon’s Cloud Chief Draws Hilarious Parallel Between AI Mania and the Dotcom Bubble Fiasco

“Amazon’s Cloud Boss Likens Generative AI Hype to the Dotcom Bubble”

“Last year, Amazon Web Services hired a fresh leader to take over from Andy Jassy, who’d run AWS since its launch in 2006 and had just been promoted to CEO of the ecommerce giant. The new boss, Adam Selipsky, started last May, and while he has some ideas about expanding AWS, he also seems impressed with what’s been accomplished so far.”

So here we have a classic case of the new guy on the block, Mr. Adam Selipsky, who recently stepped into the role previously held by Amazon’s numero uno, Andy Jassy. There’s nothing like inheriting the mantle of earth’s most customer-centric company’s cloud division, right? The fun part, Selipsky isn’t blind to his predecessor’s accomplishments nor is he shy about harboring expansionist thoughts for the services under his jurisdiction.

Selipsky, noticeably smitten by Jassy’s artistry at AWS, generously lauds the achieved milestones and is quick to rephrase the classic “If it ain’t broke, don’t fix it” without missing a beat. AWS’s contribution to Amazon’s bottom line, about 60% of the total operating income as of fourth quarter 2021, seems to have got our new boss’s attention.

Now, who wouldn’t be? But it’s not all about stargazing at AWS’s shining performance where Selipsky is concerned. He has bigger, bolder plans – so much for the modest beginning.

The new man at the helm has shifted gears and plans to expand AWS into areas less charted. It’s a convergence of new opportunities and rising customer demands in the tech space; think about the exciting blend of 5G and edge computing, AI’s ever-expanding frontiers, and where AWS stands amid all the hype.

Talk about a topic that’s on everyone’s mind – AI-generated work, or ‘generative AI,’ as our fearless leader Selipsky calls it, has certainly drawn the spotlight. Who wouldn’t like to listen to Beethoven’s never-heard-before tenth symphony, composed by an AI system? And all that corresponds well with Selipsky’s broader vision of integrating AI tools across AWS’s service platform.

Although Selipsky remains skeptical of ‘hyped up’ applications of generative AI, the excitement of untapped possibilities seems to be worth the eyebrow raise and furrowed foreheads. The cloud scales and, in this golden age of digitalization, where AWS stands, nothing seems impossible.

So, dear readers, the dance of the titanic tech companies continues, with players like Selipsky taking the center stage. He has taken on a task that could mold the future of tech companies and the burgeoning world of cloud. How successful Selipsky’s reign at AWS will be is anyone’s guess. But rest assured, the battles of cloud supremacy are nothing but optimistic endeavors in the mysterious realms of the technological cosmos.

Read the original article here: https://www.wired.com/story/amazons-cloud-boss-selipsky-generative-ai-hype/