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Amazon boss Jassy warns: AI will endanger millions of jobs!
Amazon CEO Andy Jassy announces that AI could change the company structure and reduce the number of employees.
Amazon boss Jassy warns: AI will endanger millions of jobs!
In the digital age, there are a lot of things that have a major impact on the world of work. A prominent topic at the moment is the use of artificial intelligence (AI) and how it is changing companies. Things get particularly exciting with the latest news from Amazon CEO Andy Jassy. In a memo to his employees, he announced that advances in AI could lead to “reductions” in headcount over the next few years. Jassy explains that these changes will be based on “efficiency gains through the extensive use of AI.” However, exactly what these changes will look like remains unclear, as no specific figures were given as to how many employees could be affected. That reports The Verge.
Jassy had previously highlighted the transformative power of generative AI. This new technology is seen as key to bringing enormous benefits to both customers and businesses. With a planned investment of almost $100 billion in AI by 2025, Amazon not only wants to increase its own efficiency, but also stay at the forefront of technology development. Jassy encouraged employees to engage with AI and actively integrate it into their work. He sees this knowledge as the future of the company and recommends workshops and training courses for a better understanding of AI. Other major companies like Shopify and Duolingo have taken similar approaches to bringing their workforces into the AI era Benzinga reported.
The impact of AI on the labor market
Advances in AI have huge potential not only for Amazon, but also for the entire job market. According to an analysis based on the findings of the Federal Agency for Civic Education, AI and the associated automation are leading to a fundamental change in job profiles and activities. While some job profiles could disappear, new professions and forms of cooperation are emerging. However, this change could also have negative effects, in particular the fear that numerous jobs will be lost. Nevertheless, there is also hope for new fields of activity, as in the summary bpb.de is set out.
An interesting study has shown that up to 47-56% of work tasks could potentially be influenced by AI, particularly through the use of language models such as ChatGPT. This technology could reduce the time spent on many activities and increase the quality of work. Employees from higher income groups and those with an academic background are particularly hard hit. Different industries will respond differently to AI, and some jobs that rely on human interaction or creativity may be less affected.
In conclusion, it is clear that AI and its implementations are a double-edged sword. While companies can increase efficiency through the use of AI, the social and economic consequences must also be considered. In view of this, the question arises as to how politics and corporate management will react to these developments in the future in order to find a balanced path for everyone.