Amazon CEO Andy Jassy admits AI will ‘reduce' corporate workforce
1. Amazon expects generative AI to reduce its corporate workforce significantly. 2. CEO Andy Jassy identifies generative AI as transformative for business operations. 3. Amazon is developing over 1,000 generative AI applications for operational efficiency. 4. AI advancements are predicted to shake up the broader labor market. 5. Job losses in tech sectors may rise significantly in the next few years.