A large part of the success of both of these companies is their innovations in their various business practices, especially with how they manage their inventory and, ultimately, the fulfilment of orders. But when put head-to-head, which company takes the crown, Amazon or Walmart?
The world is currently in what is known as the beginning of the “Fourth Industrial Revolution”, a concept developed by Klaus Schwab for the World Economic Forum. In this coming (some would argue, occurring) paradigm shift, the collective peoples of the earth are moving towards more aspects of automation in their daily lives.
With technological developments only likely to continue shifting upwards exponentially, the United States and Europe can’t afford to fall behind on their own developing, manufacturing, and processing of semiconductors within their own markets.
A key aspect of how companies are able to accelerate their tech so much comes hand-in-hand with the developments in manufacturing technology as well. Without the precision and reliability offered by manufacturing robotics, developing such complicated technologies at the scale we see today is likely impossible.