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

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: info@youreverydayai.com Connect with Jordan on LinkedIn Topics Covered in This Episode: Amazon AI-Driven Job Cuts Overview Workforce Reduction: 14,000 Confirmed, 30,000 Targeted Generative AI's Impact on Corporate Structure Middle Management Roles Eliminated by AI Amazon Robotics: 600,000 Warehouse Hires Avoided Shift from Operational to Capital Expenditures Amazon's AI Productivity Gains Case Study Wall Street Response to AI Job Cuts Big Tech Layoffs: Microsoft, Salesforce, Meta 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