Amazon.com first started as an online bookseller, and in just two decades it has branched into a global e-commerce operation that sells every kind of consumer product imaginable.

Though it may not have been the world’s first online retailer, Amazon has become one of the most successful by integrating e-commerce and online shopping into countless Americans’ daily lives.

Larry speaks with Jitendra Waral, an analyst at Bloomberg Intelligence who looks at the ecommerce industry, to talk about the impact of Amazon and ecommerce on our lives, ranging from the environment to the economy and entrepreneurship.

Guest:

Jitendra Waral, an analyst with Bloomberg Intelligence that focuses on the Internet industry, including e-commerce; his latest report focuses on Amazon’s growth