Wall Street Breakfast Amazon swapping humans for AI
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Oct 15, 2025 Amazon is planning significant layoffs in its HR department while pouring over $100 billion into AI and cloud technologies. Daily use of generative AI has surged to 39%, with Google's Gemini leading the charge. Meanwhile, Walmart introduces its AI assistant, Sparky, to enhance shopping experiences. As excitement grows, fund managers identify a potential AI bubble as a major market risk. Plus, Waymo gears up for its driverless cab launch in London. The AI landscape is rapidly evolving!
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AI Will Reshape White‑Collar Work
- Amazon plans to cut up to 15% of its human resources division while increasing AI investment.
- CEO Andy Jassy warns automation and AI will likely shrink some white-collar roles and employees must adapt.
Big Capital Backs AI Infrastructure
- Industry players are pooling capital to dominate AI infrastructure, including a $40 billion data center deal.
- Intel and others are launching energy‑efficient AI chips and GPUs for inference and data center workloads.
Generative AI Use Is Accelerating
- Consumer adoption of generative AI is rising quickly, with daily use climbing from 32% to 39% in one quarter.
- Google's Gemini leads usage at 35%, slightly ahead of ChatGPT at 32%.