People are wrong: AI will not take jobs, it will create more jobs, Jeff Bezos says
AI will take jobs and millions of people will lose their source of income. That has been one of the biggest fears since companies such
AI will take jobs and millions of people will lose their source of income. That has been one of the biggest fears since companies such as OpenAI, Anthropic and others launched powerful AI chatbots that are becoming increasingly capable of performing tasks once done by humans. However, Amazon founder Jeff Bezos believes those fears are overblown. He has pushed back against predictions of widespread job losses, arguing that AI will create more opportunities than it eliminates. Read Full Story Speaking to the Financial Times about Prometheus, his new AI venture valued at around $41 billion, Bezos said fears that AI would wipe out jobs across industries were misplaced. Instead, he believes the technology will dramatically boost productivity, unlock new industries and ultimately create more work for people. āThe people who are jumping to the conclusion that the jobs are all going to go away...
I think these people are just wrong,ā Bezos said. The billionaire entrepreneur described AI as part of āmultiple golden agesā that will unfold alongside advances in areas such as space exploration and biotechnology. According to him, the coming decade could bring āa whole bunch of incredible miraclesā driven by technological innovation. What is Prometheus? Prometheus, launched in November last year by Bezos and co-chief executive Vikram Bajaj, a former Google executive, is the first company Bezos has personally led since stepping down as Amazon chief executive in 2021. With Prometheus, the company aims to build what Bezos calls an āartificial general engineerā ā an AI system trained on real-world engineering and manufacturing data that can understand physics and help design complex physical products. Unlike many AI companies focused on chatbots and digital tasks, Prometheus is targeting manufacturing and engineering.
The company hopes its technology can speed up the design and production of products ranging from jet engines and medical devices to consumer electronics by reducing the need for expensive physical prototypes. Bezos said AI would make it easier and faster to invent new products, allowing companies to pursue projects that would previously have been too costly or time-consuming. While some existing jobs may be automated, he believes the broader impact will be positive for employment. āAt root, all civilisational wealth is driven by invention. Six thousand years ago, somebody invented the plough, and we all got wealthier,ā he said, comparing AI to past technological breakthroughs that ultimately expanded economies and created new forms of work. Bezos's comments come at a time when many business leaders and economists are debating AI's impact on employment. Some executives have already warned that advances in generative AI could eliminate large numbers of white-collar jobs.
