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Bezos Warns AI
- Amazon founder Jeff Bezos told VivaTech that AI will create a labor shortage rather than replace workers.
- AI accounted for 38,579 cuts, or 40 percent of the 97,000 U.S. job cuts announced in May.
- Andy Challenger, chief revenue officer of Challenger, Gray & Christmas, said firms cite AI as the top layoff reason.
- Amazon announced 16,000 cuts in January, bringing total layoffs since the end of last year to about 30,000 employees.
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