AI and Job Losses: The Amazon Layoffs

This chapter examines significant layoffs at Amazon and the tech industry at large, revealing 150,000 jobs have been cut across 549 companies due to automation and AI advancements. The discussion highlights the implications of major AI models on job markets, emphasizing the growing reliance on AI for coding tasks and the need for workforce retraining. It also addresses the tension between corporate profit motives and the resulting job losses, advocating for strategic approaches to ensure economic value for the American workforce.