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Ep 643: Amazon Cuts 30,000 jobs in AI push. What this means for the the U.S. economy.

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Manage episode 516702539 series 3470198
Content provided by Everyday AI. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Everyday AI or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

In an AI push, Amazon has already axed 14,000 jobs and that total is reportedly going to hit 30,000. 🪓

Is this because Amazon overhired during the pandemic?

Or, is this a sign that AI is now capable enough that most enterprises will cut thousands of jobs.

Tune in as we discuss.

Amazon Cuts 30,000 jobs in AI push. What this means for the the U.S. economy -- An Everyday AI Chat

Newsletter: Sign up for our free daily newsletter
More on this Episode: Episode Page
Join the discussion: Thoughts on this? Join the convo and connect with other AI leaders on LinkedIn.
Upcoming Episodes: Check out the upcoming Everyday AI Livestream lineup
Website: YourEverydayAI.com
Email The Show: [email protected]
Connect with Jordan on LinkedIn
Topics Covered in This Episode:

  1. Amazon AI-Driven Job Cuts Overview
  2. Workforce Reduction: 14,000 Confirmed, 30,000 Targeted
  3. Generative AI's Impact on Corporate Structure
  4. Middle Management Roles Eliminated by AI
  5. Amazon Robotics: 600,000 Warehouse Hires Avoided
  6. Shift from Operational to Capital Expenditures
  7. Amazon's AI Productivity Gains Case Study
  8. Wall Street Response to AI Job Cuts
  9. Big Tech Layoffs: Microsoft, Salesforce, Meta
  10. Future of Work: Specialist vs. Generalist Roles

Timestamps:
00:00 AI-Driven Job Cuts at Amazon

03:34 AI's Impact: Job Loss Crisis

10:12 Amazon Automation Cuts Workforce Expansion

13:02 "AI Restructuring Drives Tech Success"

15:43 Amazon Layoffs Target HR, AI Shapes Future

20:03 "AI Streamlines Management Tasks"

22:11 "Wall Street Favors AI Over Jobs"

26:34 Corporate AI Cuts Workforce

28:21 "AI Replacing Humans in Jobs"

32:51 "Unlearn for Future Work"

35:21 "Future-Proofing Roles in AI"

37:59 Amazon Restructures: Move Faster

Keywords:
Amazon job cuts, AI-driven workforce reduction, 30,000 layoffs, 14,000 layoffs, corporate restructuring, generative AI, artificial intelligence efficiency, middle management elimination, organizational structure flattening, automation, robotics, Amazon queue, developer productivity, knowledge workers, white collar jobs, administrative roles, PXT department, people experience and technology, AWS, Amazon Web Services, cloud competition, Microsoft Azure, Google Cloud, OPEX to CAPEX shift, operational expenditure reduction, capital expenditure, AI hardware investment, data centers, CapEx spending, layoffs in big tech, Microsoft layoffs, Salesforce customer support automation, AI agent, Meta AI jobs,

Send Everyday AI and Jordan a text message. (We can't reply back unless you leave contact info)

Ready for ROI on GenAI? Go to youreverydayai.com/partner

  continue reading

643 episodes

Artwork
iconShare
 
Manage episode 516702539 series 3470198
Content provided by Everyday AI. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Everyday AI or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

In an AI push, Amazon has already axed 14,000 jobs and that total is reportedly going to hit 30,000. 🪓

Is this because Amazon overhired during the pandemic?

Or, is this a sign that AI is now capable enough that most enterprises will cut thousands of jobs.

Tune in as we discuss.

Amazon Cuts 30,000 jobs in AI push. What this means for the the U.S. economy -- An Everyday AI Chat

Newsletter: Sign up for our free daily newsletter
More on this Episode: Episode Page
Join the discussion: Thoughts on this? Join the convo and connect with other AI leaders on LinkedIn.
Upcoming Episodes: Check out the upcoming Everyday AI Livestream lineup
Website: YourEverydayAI.com
Email The Show: [email protected]
Connect with Jordan on LinkedIn
Topics Covered in This Episode:

  1. Amazon AI-Driven Job Cuts Overview
  2. Workforce Reduction: 14,000 Confirmed, 30,000 Targeted
  3. Generative AI's Impact on Corporate Structure
  4. Middle Management Roles Eliminated by AI
  5. Amazon Robotics: 600,000 Warehouse Hires Avoided
  6. Shift from Operational to Capital Expenditures
  7. Amazon's AI Productivity Gains Case Study
  8. Wall Street Response to AI Job Cuts
  9. Big Tech Layoffs: Microsoft, Salesforce, Meta
  10. Future of Work: Specialist vs. Generalist Roles

Timestamps:
00:00 AI-Driven Job Cuts at Amazon

03:34 AI's Impact: Job Loss Crisis

10:12 Amazon Automation Cuts Workforce Expansion

13:02 "AI Restructuring Drives Tech Success"

15:43 Amazon Layoffs Target HR, AI Shapes Future

20:03 "AI Streamlines Management Tasks"

22:11 "Wall Street Favors AI Over Jobs"

26:34 Corporate AI Cuts Workforce

28:21 "AI Replacing Humans in Jobs"

32:51 "Unlearn for Future Work"

35:21 "Future-Proofing Roles in AI"

37:59 Amazon Restructures: Move Faster

Keywords:
Amazon job cuts, AI-driven workforce reduction, 30,000 layoffs, 14,000 layoffs, corporate restructuring, generative AI, artificial intelligence efficiency, middle management elimination, organizational structure flattening, automation, robotics, Amazon queue, developer productivity, knowledge workers, white collar jobs, administrative roles, PXT department, people experience and technology, AWS, Amazon Web Services, cloud competition, Microsoft Azure, Google Cloud, OPEX to CAPEX shift, operational expenditure reduction, capital expenditure, AI hardware investment, data centers, CapEx spending, layoffs in big tech, Microsoft layoffs, Salesforce customer support automation, AI agent, Meta AI jobs,

Send Everyday AI and Jordan a text message. (We can't reply back unless you leave contact info)

Ready for ROI on GenAI? Go to youreverydayai.com/partner

  continue reading

643 episodes

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