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Anand Rao, an AI consultant at PwC, said that initially, North America will experience productivity gains faster than China, for the former is better prepared to adopt AI and jobs in the region are highly fragmented, making them susceptible to replacement by more-productive technologies.

An update posted to the AWS Service Health Dashboard just before 10 a.m. PT detailed an issue with the Kinesis Data Streams API affecting the US-East-1 Region. Amazon Kinesis help companies process large amounts of real-time data including video, audio, application logs, and more. The problem “has also affected our ability to post updates to the Service Health Dashboard,” AWS said.

Analysts surveyed by Thomson Reuters?had predicted?quarterly?net sales of .55 billion, up 27 percent, and earnings?of .11 per share. Amazon itself had forecast second-quarter net sales between billion and .5 billion and operating income of between 5 million and 5 million. The company’s big Prime Day sale took place after the quarter ended, so?those numbers weren’t?included in the latest results.

Analysts are also bullish on the company’s prospects.?This week, Wedbush analyst Michael Pachter upgraded its rating on Amazon to “outperform” from “neutral” and increased its price target to 5 from 5.

And so that’s why you see this. It’s a profound problem across local newspapers all around the country and in fact the world. So I had to do some soul searching and I said, is this something I want to get involved in? If I’m going to do it, I’m going to put some heart into it and some work into it. I decided I would only do that if I really believed it was an important institution. I said to myself, if this were a financially upside down salty snack food company, the answer would be no. But as soon as I started thinking about that way, I was like, this is an important institution. It is the newspaper in the capital city of the most important country in the world. The Washington Post has an incredibly important role to play in this democracy. There’s just no doubt in mind about that.