Amazon.com Inc (NASDAQ:AMZN) is among the companies investing heavily in artificial intelligence, with $200 billion committed to 2026 to help the growth of many of the company's business lines.
Amazon founder Jeff Bezos doesn't see an AI bubble forming yet and was quick to dismiss the notion that AI will take everyone's jobs during a recent interview.
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Job Cuts Vs. Labor Shortage
The rise of artificial intelligence use cases and productivity has led to outcry that jobs could be replaced, putting thousands of people out of work.
