Jeff Bezos just shocked Amazon investors to the core with this bold prediction:
“I predict one day, Amazon will fail.”
In a recent interview, Bezos explained that he believes “Amazon will be disrupted one day” and eventually “will go bankrupt.”
What might be even more alarming is that Bezos has been dumping roughly $1 billion worth of Amazon stock every year…
But Bezos isn’t just cashing out, he’s reinvesting his money into a fast-emerging technology that he believes will “improve every business.”
What most people don’t know… is that there is a tiny component powering this tech revolution… a component that Amazon doesn’t produce in-house.
That’s because another company (less than 1/6th the size of Amazon)…is producing a component so powerful that it is absolutely annihilating the competition.
He’s not alone in seeing it this way…