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Business

Jeff Bezos predicts AI will create labor shortages, not exchange employees

Editor
Last updated: June 21, 2026 5:53 am
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Published: June 21, 2026
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Jeff Bezos predicts AI will create labor shortages, not exchange employees


Amazon founder Jeff Bezos predicts synthetic intelligence will result in labor shortages, not human job substitute. GOP Strategist Chris Johnson provides that AI drives power manufacturing and superior manufacturing, reindustrializing the U.S.

Amazon founder Jeff Bezos mentioned the rise of synthetic intelligence (AI) will not result in the substitute of people within the workforce and can as an alternative create labor shortages.

Bezos spoke on the VivaTech expertise convention in Paris Wednesday and supplied an optimistic outlook on the influence of AI on the workforce amid considerations about its influence on the position of human employees throughout the economic system.

“I do know there’s a variety of concern that many individuals have, together with many good folks, that AI goes to make people redundant and so forth,” Bezos mentioned.

“I completely disagree with that viewpoint. And I feel, in truth, AI goes to create a labor scarcity,” the Amazon founder added. “We’ve got an limitless set of issues to invent. … We’re restricted not by our imaginations however by what we are able to really do.

AI REMAINS TOP REASON FOR US JOB CUTS FOR THIRD STRAIGHT MONTH AS EMPLOYERS AXED 97,000 WORKERS IN MAY

Amazon founder Jeff Bezos mentioned AI will result in a labor scarcity, reasonably than pushing people out of the workforce. (Stefano Rellandini/AFP by way of Getty Pictures)

“I promise you each single individual on this viewers has had an concept for a brand new enterprise or a new product or a brand new system that they want they might manufacture, and that concept stayed in your head and went nowhere,” Bezos defined. “And the explanation it stayed in your head and went nowhere is as a result of it is too arduous to do, and it wasn’t value it.

“If we are able to speed up the dream construct loop, all the concepts will then turn into attainable. After which we find yourself being restricted not by our capabilities, however by our imaginations.”

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AMZN AMAZON.COM INC. 244.39 +6.89 +2.90%

Bezos’ feedback come as firms are reevaluating their workforces in gentle of the developments in AI, with hundreds of job cuts following firms’ investments within the rising tech.

A report by international outplacement and govt teaching agency Challenger, Grey & Christmas discovered that about 40% of the 97,006 job cuts introduced by firms in Might had been attributed to AI.

The 38,579 cuts attributed to AI in Might marked the very best month-to-month whole linked to that since Challenger started monitoring it in 2023.

AMAZON TO CUT 16,000 ROLES AS IT LOOKS TO INVEST IN AI, REMOVE ‘BUREAUCRACY’

“The labor market is being reshaped by expertise in actual time. AI is now the main motive firms give for chopping jobs, and the first business citing it’s expertise,” mentioned Andy Challenger, the agency’s chief income officer and a labor and office professional.

Exterior view showing the Amazon logo mounted on the building housing the company’s German headquarters in Munich.

Amazon introduced layoffs in January because it ramps up AI investments. (Matthias Balk/image alliance by way of Getty Pictures)

The tech sector introduced 38,242 job cuts in Might, the very best for the sector since August 2024. Companies inside the sector have introduced 123,653 cuts in 2026 up to now, which is a rise of 66% from the identical interval in 2025 and leads different sectors in job cuts this 12 months by a large margin.

“AI is not but the jobpocalypse some predicted. Like spreadsheets and e-mail earlier than it, the expertise will in the end make employees extra productive, however our knowledge reveals firms are already appearing on it, citing AI for extra cuts than every other motive,” Challenger defined. “The open query is not whether or not AI adjustments the workforce, however how briskly.”

GET FOX BUSINESS ON THE GO BY CLICKING HERE

Amazon is among the tech companies that has minimize jobs amid its investments in AI, with the corporate saying 16,000 cuts in January.

Reuters contributed to this report.

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