Amazon CEO Andy Jassy has highlighted the potential of generative artificial intelligence (AI) to drive the company's future growth in his annual letter to shareholders. Jassy believes that generative AI could bring significant societal and business benefits and compares it to the cloud and the Internet in terms of technological transformations. He emphasized that this revolution will be built on top of Amazon's existing cloud infrastructure. Jassy also discussed other areas like grocery, Prime Video, and the success of Amazon Web Services (AWS) and logistics operations. The letter highlights Amazon's commitment to cost-cutting and its investments in AI-related initiatives and space endeavors.