Bezos is right that AI will spark a labor shortage, not mass unemployment. When productivity gains are dramatic enough, workers gain the leverage to exit low-value roles voluntarily. History consistently shows major technological shifts reshape work rather than eliminate it, with new job categories absorbing displaced workers. With 5.5 million new business applications filed in 2023, entrepreneurship is booming alongside AI adoption.
Bezos preaching that AI creates labor shortages while Amazon plans to replace 600,000 projected workers with robots is a contradiction too glaring to ignore. Spending $200 billion on AI and robotics while launching a $41 billion startup to automate jet engine manufacturing tells the real story. The banks backing these ventures are simultaneously laying off 200,000 people — the optimism doesn't hold up.
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