logo
Andy Jassy says AI will eliminate some Amazon jobs — but create more in at least 2 areas

Andy Jassy says AI will eliminate some Amazon jobs — but create more in at least 2 areas

Business Insider10 hours ago
AI isn't all doom and gloom for jobs, said Amazon's Andy Jassy.
In an interview with CNBC published on Monday, the Amazon CEO deemed AI "the most transformative technology in our lifetime." He said that it would change things not only for Amazon customers but also for its employees.
Jassy said that AI technologies would create jobs in at least two areas of the company.
"With every technical transformation, there will be fewer people doing some of the jobs that the technology actually starts to automate," he said. "Are there going to be other jobs? We're going to hire more people in AI and more people in robotics, and there are going to be other jobs that the technology wants you to go higher that we'll hire over time too."
Jassy said that AI agents, which do tasks like coding, research, analytics, and spreadsheet work, would also change the nature of every employee's job.
"They won't have to do as much rote work," he said. "Every single person gets to start every task at a more advanced starting spot."
On LinkedIn, Amazon has added at least 500 open roles worldwide with the keyword "robotics" in the job title in the past month. Roles span internships to senior applied scientist positions.
The Amazon robotics senior applied scientist job description includes tasks like "developing machine-learning capabilities and infrastructure for robotic perception and motion" and "building visualization tools for analyzing and debugging robot behavior."
Jassy's comments came in response to a question about his June 17 memo, which outlined how AI would changethe company's workforce.
"It's hard to know exactly where this nets out over time, but in the next few years, we expect that this will reduce our total corporate workforce as we get efficiency gains from using AI extensively across the company," he wrote.
Some Amazon employees were not happy with Jassy's message. In internal Slack channels, some called for leadership to share in the fallout, while others saw it as a layoff warning, Business Insider reported.
"There is nothing more motivating on a Tuesday than reading that your job will be replaced by AI in a few years," one person wrote in Slack.
Amazon employs about 1.5 million workers, according to its website, and has cut almost 28,000 jobs since the start of 2022, per Layoffs.fyi.
From Jassy's memo and Monday's interview, it is unclear which or how many Amazon employees would be affected by AI-driven job changes.
Other tech CEOs have raised the alarm on AI-related job cuts, especially for white-collar and entry-level roles.
In April, Micha Kaufman, the CEO and founder of the freelance-job site Fiverr, wrote in an email to employees that: "It does not matter if you are a programmer, designer, project manager, data scientist, lawyer, customer support rep, salesperson, or a finance person — AI is coming for you."
In late May, Anthropic's CEO, Dario Amodei, suggested AI could wipe out half of all entry-level white-collar jobs.
"We, as the producers of this technology, have a duty and an obligation to be honest about what is coming," Amodei told Axios in an interview. "I don't think this is on people's radar."
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Amazon Prime Day 2025 Is A Week Away—Here Are The Best Early Deals
Amazon Prime Day 2025 Is A Week Away—Here Are The Best Early Deals

Forbes

time29 minutes ago

  • Forbes

Amazon Prime Day 2025 Is A Week Away—Here Are The Best Early Deals

Amazon Prime Day 2025 is almost here. This year's sale will run from Tuesday, July 8 through Friday, July 11, making it a four-day-long affair—double the event's usual length. 'Prime Day 2025 is looking promising. I anticipate that we'll see a lot of first-time deals and all-time lows from a lot of brands as they try to encourage shopping in the face of economic uncertainty,' says supervising deals and coupons editor Kara Cuzzone. Amazon Prime Day 2025 is shaping up to be a major sales event—here are the best deals we've found so ... More far. ILLUSTRATION: FORBES / PHOTOS: RETAILER. You don't have to wait until next week to start shopping impressive discounts, though. There are already plenty of early Prime Day deals live, and some products are already at their lowest prices ever. Here, our deals editors have rounded up the best early deals you can shop right now and outlined everything you need to know about next week's sale. Amazon has been updating its selection of early deals on a daily basis. We did price history research to uncover the best offers you can shop today. With three speed and temperature settings, this Wavytalk tool lets you dry your strands efficiently without creating excess damage. Plus, the compact design makes it easy to travel with. Why It's A Good Deal: At $65, this is just $4 more than the hair tool's lowest price ever. Water flossers make it a little easier to stay on top of your dental hygiene. Not only is this cordless design great for travel, but it comes with four flossing tips, two water pressure settings, a dishwasher-safe water reservoir and a USB charger. Why It's A Good Deal: This discount matches the best price we've seen this year—and it's only $2 shy of its lowest price ever. Get three styling tools in one with this Shark SpeedStyle system. Designed specifically for those with wavy or straight hair, it smooths down flyaways and creates sleek styles effectively and quickly. Why It's A Good Deal: This is the lowest recorded price it's ever dropped to at Amazon. If you're planning to spend a lot of time outdoors this summer, consider investing in a neck fan. They're a hands-free way to stay comfortable in the heat, whether you're lounging by the pool or headed to a music festival. Right now, this one's on sale for under $30. Why It's A Good Deal: This is a match for the fan's lowest price since January. This electric shaver comes with an assortment of accessories, including four different guide comb lengths and an adjustable sideburn comb to groom the face, beard, mustache, nose and groin. Each 90-minute charge provides 90 minutes of battery life. Why It's A Good Deal: This is the lowest recorded price we've found. MOST POPULAR This TV will let you catch every second of your favorite sports games in high resolution. It has an AI Sports Mode that sharpens and boosts the quality of whatever you're watching, including fast-moving action. It also has a gaming mode that allows for lag-free play. Why It's A Good Deal: This is the TV's lowest price ever at Amazon. This smartwatch improves on the previous iteration by offering more health and fitness features, including better heart rate tracking, wellness tips and more. Speaking of sleep: We also named this model our favorite smartwatch for sleep tracking. Why It's A Good Deal: This is the second lowest price we've seen on this Samsung smartwatch. Those looking for a practical laptop for work or school will enjoy this design's helpful features, like a slim and lightweight build for carrying on-the-go, a FHD display for clear visuals and an HD webcam with background noise reduction for important calls. Why It's A Good Deal: This is the lowest recorded price it's dropped to at Amazon. This set of two outdoor security cameras deliver crisp 2K video quality, color night vision and two-way audio. Its motion sensors offer real-time notifications through the Arlo app, so you can safely monitor your home throughout the day. Why It's A Good Deal: This is the second lowest price it's dropped to this year. If you live in a smaller space with hard floors, check out this Dyson stick vacuum. The V8 Plus is lightweight and maneuverable, and comes with several attachments to tackle a variety of cleaning needs, like stairs and upholstery. Why It's A Good Deal: This discount matches the second lowest price we've seen on this model in 2025. This highly rated model uses a dual-hose system that cools rooms of up to 500 square feet efficiently. It also takes up less floor space than other comparable models. If you're looking to quickly cool a medium-size space, this is an excellent option. Why It's A Good Deal: This discount is the best price we've seen on this model since December 2024. Cordless stick vacuums are convenient and great for smaller spaces, but you can't beat the cleaning power of a good canister model. This best-selling Miele design has six power settings and comes with three attachable accessories to tackle a variety of surfaces, including upholstery. Why It's A Good Deal: This discount is the second best we've come across on this well-rated vacuum in 2025. This memory foam pillow is ideal for back and stomach sleepers who want to feel cradled by their pillow. It's supportive, responsive and comes with a removable and washable cover. If you're a dedicated side sleeper, consider checking out our other recommendations for more customized support. Why It's A Good Deal: This is the lowest price we've seen for this pillow since September 2024. Not only does this vacuum suck up dirt, pet hair and more from surfaces around your home, but it has stain-removing capabilities to eliminate unwanted messes from your carpets and upholstery. Why It's A Good Deal: This is the second best price we've seen on this vacuum this year. If you're looking for a safer candle alternative for a dorm or a kid's room, this is a nice deal on a popular candle warmer. The lamp gently warms candles beneath a light, releasing their scent without the need for a flame. The light has three dimming levels and comes in a variety of styles, though this is currently the best-priced combination. Why It's A Good Deal: This is the second lowest price we've seen for this candle warmer. This robot vacuum is a daily luxury that's worth the splurge. The machine vacuums, mops and self-empties for a truly hands-free experience. It also has useful features like mapping and obstacle avoidance, so it doesn't aimlessly bounce around your home. Why It's A Good Deal: This model has dropped as low as $460 before, but this is one of the better deals we've seen this year. Sun shelter is a must for long days at the beach. This lightweight tent pops up quickly, delivers UPF 50+ sun protection and has mesh windows to let the breeze in. Reviewers say it's easy to assemble and surprisingly spacious, even in the smaller three-person size. Why It's A Good Deal: This discount matches the second best price we've seen for this beach tent this year. Get ready for backyard gatherings or park hangouts this summer with this spacious, insulated cooler. Its 65 quart capacity can hold up to 97 cans (without ice) and its durable wheels are built to handle a variety of terrains. Why It's A Good Deal: This is the best price we've seen for the cooler in 2025. When it comes to drinkware and coolers, Yeti is near impossible to beat. This classic design is on the pricier end of the spectrum, but our gear editors found it to be the best cooler for insulation after testing many models. If you spend long days outdoors over the summer, the Yeti is a worthwhile investment that will keep your drinks and food cooler longer. Why It's A Good Deal: If you don't mind the bright Key Lime color, this is the best price you can find for this cooler online right now. This Coleman tent takes about a minute to set up, so you can get straight to enjoying the outdoors. It's spacious enough to sleep six people, and features a durable, double-thick Polyguard fabric to keep the elements out. Why It's A Good Deal: This is the lowest price the tent has dropped to in 2025. A nightlight, sound machine and alarm clock in one, the Dreamegg is a handy little sleep tool for your baby. The machine includes 34 sounds and a handful of lighting features and settings to help your young one wind down in the evening and wake up blissfully in the morning. Why It's A Good Deal: This matches the best price we've seen yet. We named the Amacool our favorite stroller fan overall for its effectiveness, simplicity and versatility. It has flexible legs that let you attach the fan wherever you need it, offers 360 degrees of rotation, and features a rechargeable battery and a built-in night light. Why It's A Good Deal: The current discount is only a few dollars shy of the best price we've seen for this design in over a year. From toddler age through elementary school, kids will love playing with these super tactile toys during bath or shower time. Parents will appreciate them, too—especially if their child is typically averse to bathing. Why It's A Good Deal: This is the best discount we've seen for these bath toys in 2025. This balance bike is suitable for use by kids as young as 10 months old. Once they can safely stand and take some steps, they can hop in the saddle and start mastering their balance. Why It's A Good Deal: While this balance bike goes on sale often, this is the best price we've seen all year. Amazon Prime Day is a summer sale that was first introduced in 2015. At its start, Prime Day was a single-day event meant to celebrate the company's 20th anniversary. Over the years, it's expanded into a 48-hour event, but this year it's getting another extension: Amazon Prime Day 2025 will be four days long. Amazon Prime Day 2025 will start at 12:01 p.m. PDT on July 8 and run through 11:59 p.m. PDT on July 11. That said, there are already some early deals worth browsing if you want to get a head start on shopping. How Many Times A Year Does Prime Day Take Place? Technically, there's only one Prime Day each year. However, for the past three years, Amazon has run a similar savings event in October: Prime Big Deal Days. In recent years, it has also started running annual sales that are open to the general public (not just Prime members) including the Big Spring Sale, Amazon Pet Day and the Summer Beauty Event. Time will tell if Amazon will continue to add to its annual sale schedule. Is Everything Discounted For Prime Day? No, Amazon Prime Day isn't a sitewide sale. That said, you can still find hundreds of thousands of discounts across nearly all product categories from brands like Sony, EltaMD and, of course, Amazon itself. Just keep in mind that you have to be a Prime member to take advantage of the deals. Is Prime Day Worth It? The answer to this question largely depends on what you're shopping for. If you're in the market for Amazon devices, tech and small appliances, you'll likely find some great deals over Prime Day. The same goes for beauty and personal care essentials—Amazon has really stepped up its game in these categories over recent years. That said, there will inevitably be plenty of lackluster offers as well. We always recommend checking the price history of an item by using tools like CamelCamelCamel or checking other sites for price comparison before adding it to your cart. Our editors research the price history of every item we feature in our content, so shopping a Forbes Vetted Prime Day deals lists is another way to ensure you're getting a good deal. How Do I Become An Amazon Prime Member? You can sign up for an Amazon Prime membership at any time. The annual membership costs $139 (after a 30-day free trial). A membership gets you access to the sale as well as a slew of Prime member perks, like access to special offers, free shipping (including same-, one- and two-day shipping options depending on the product and your zip code), Grubhub+, Prime Video services and more. Some users may also qualify for discounted memberships, including students and eligible government assistance recipients. Why Trust Forbes Vetted The Forbes Vetted deals team has over a decade of combined experience covering major sale events and holidays, including Amazon Prime Day. Forbes Vetted's assistant deals editor Jordan Thomas has over five years of experience covering consumer shopping and sales. She has been writing for Forbes Vetted for the past three years, producing daily deals content and tracking prices and product trends all year long. Maya Gandara, Forbes Vetted's deals editor, has over six years of experience in the e-commerce space. She regularly tracks sales across countless retailers in order to share the best deals with our readers. This story was originally edited by supervising deals and coupons editor Kara Cuzzone. She has over seven years of experience researching and reporting on deals, and has been leading the Forbes Vetted deals team for over four years.

Amazon $20 Prime Hike: The Stealth Move Set to Unlock Billions
Amazon $20 Prime Hike: The Stealth Move Set to Unlock Billions

Yahoo

time29 minutes ago

  • Yahoo

Amazon $20 Prime Hike: The Stealth Move Set to Unlock Billions

July 1 - Amazon (NASDAQ:AMZN) may be gearing up for its next Prime fee increase, potentially unlocking billions in additional revenue, according to Wall Street speculations. Analysts point to rising delivery and content costs as key drivers behind an expected jump from the current $139 annual rate. J.P. Morgan's Doug Anmuth estimates that a $20 U.S. price bump, to $159, could generate about $3 billion more each year, without materially denting membership growth. Warning! GuruFocus has detected 4 Warning Sign with AMZN. Prime's perceived value has climbed sharply since its 2005 debut at $79. Unbundling today's benefits, from expedited shipping to streaming and exclusive deals, yields an estimated $1,430 of annual worth, more than double the $544 valuation projected in 2016. Historically, Amazon has lifted Prime fees roughly every four years: to $99 in 2014, $119 in 2018 and $139 in 2022. Despite potential pushback, analysts believe customer retention will remain strong, given Prime's broad service mix and fast delivery speeds. If Amazon follows its usual cadence and implements a fee hike in 2026, the boost could further strengthen its services segment, which already posted $44.4 billion in revenue last fiscal year in the face of heightened competition and costs. Such a move may prove pivotal as Amazon continues to balance growth with profitability. This article first appeared on GuruFocus.

Oklo Just Announced a New Nuclear Fuel Deal. Is OKLO Stock a Buy Here?
Oklo Just Announced a New Nuclear Fuel Deal. Is OKLO Stock a Buy Here?

Yahoo

time33 minutes ago

  • Yahoo

Oklo Just Announced a New Nuclear Fuel Deal. Is OKLO Stock a Buy Here?

Last week, Oklo (OKLO) announced a strategic partnership with Hexium and TerraPower to develop domestic High-Assay Low-Enriched Uranium (HALEU) production, addressing a critical shortage for advanced nuclear reactors. The collaboration will evaluate laser isotope separation technology that could revolutionize uranium enrichment. Investors are optimistic about Oklo's widening nuclear capabilities given the shift toward nuclear energy over the next two decades. The Department of Energy estimates that demand for HALEU will hit 40 metric tons by the early 2030s, whereas only 700 kilograms have been produced domestically since 2023. This massive supply-demand imbalance represents a market opportunity. Jeff Bezos Unloads $5.4B in Amazon Shares: Should You Buy or Sell AMZN Stock Now? Elon Musk's Tesla Makes History With 'First Time That a Car Has Delivered Itself to Its Owner' This Defense Stock Could Be the Next Palantir. Should You Buy It Now? Get exclusive insights with the FREE Barchart Brief newsletter. Subscribe now for quick, incisive midday market analysis you won't find anywhere else. OKLO stock has surged more than 500% in the last 12 months, valuing the company at a market cap of $7.7 billion. Let's see if OKLO stock is still a good buy right now. Oklo is working to develop advanced fission power plants to provide clean, reliable, and affordable energy at scale. It also is aiming to commercialize nuclear fuel recycling technology that could convert nuclear waste into usable fuel for its reactors. Oklo reported significant operational progress during its first-quarter earnings call, positioning the nuclear technology company to capitalize on growing government support and surging AI-driven energy demand. It completed crucial site preparation work at Idaho National Laboratory, wrapping up drilling and geophysical studies that will support its combined license application to the Nuclear Regulatory Commission. This represents the final technical siting step before submitting Phase 1 of its application for the Aurora powerhouse, with commercial operations targeted for late 2027 to early 2028. The regulatory environment appears favorable, with the current administration under President Donald Trump prioritizing nuclear energy through multiple executive orders. Potential future orders could quadruple the U.S. nuclear fleet by 2050 and establish data centers as defense-critical infrastructure, directly benefiting Oklo's mission. Oklo reported a first quarter operating loss of $17.9 million, with cash and marketable securities totaling $260.7 million. Management indicated potential capital needs due to expanded reactor designs and growing customer demand, although it emphasized that any fundraising would be strategic rather than reactive. With over 14 gigawatts in its customer pipeline spanning data centers and defense applications, Oklo appears well-positioned as nuclear energy gains unprecedented federal backing. Oklo is still pre-revenue and is forecast to increase sales from $13.33 million in 2027 to $94 million in 2029. Out of the nine analysts covering OKLO stock, five recommend 'Strong Buy,' one recommends 'Moderate Buy,' and three recommend 'Hold.' The average target price for OKLO stock is $60, 7.7% above the current price. On the date of publication, Aditya Raghunath did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store