Close Menu
  • Home
  • Market News
    • Crude Oil Prices
    • Brent vs WTI
    • Futures & Trading
    • OPEC Announcements
  • Company & Corporate
    • Mergers & Acquisitions
    • Earnings Reports
    • Executive Moves
    • ESG & Sustainability
  • Geopolitical & Global
    • Middle East
    • North America
    • Europe & Russia
    • Asia & China
    • Latin America
  • Supply & Disruption
    • Pipeline Disruptions
    • Refinery Outages
    • Weather Events (hurricanes, floods)
    • Labor Strikes & Protest Movements
  • Policy & Regulation
    • U.S. Energy Policy
    • EU Carbon Targets
    • Emissions Regulations
    • International Trade & Sanctions
  • Tech
    • Energy Transition
    • Hydrogen & LNG
    • Carbon Capture
    • Battery / Storage Tech
  • ESG
    • Climate Commitments
    • Greenwashing News
    • Net-Zero Tracking
    • Institutional Divestments
  • Financial
    • Interest Rates Impact on Oil
    • Inflation + Demand
    • Oil & Stock Correlation
    • Investor Sentiment

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

What's Hot

Winter getting shorter in 80% of major US cities, new data shows | US weather

February 27, 2026

OpenAI’s Record Funding Is All About Google Rivals Joining Forces

February 27, 2026

Germany Plans to Scrap Subsidy for Small-Scale Rooftop Solar

February 27, 2026
Facebook X (Twitter) Instagram Threads
Oil Market Cap – Global Oil & Energy News, Data & Analysis
  • Home
  • Market News
    • Crude Oil Prices
    • Brent vs WTI
    • Futures & Trading
    • OPEC Announcements
  • Company & Corporate
    • Mergers & Acquisitions
    • Earnings Reports
    • Executive Moves
    • ESG & Sustainability
  • Geopolitical & Global
    • Middle East
    • North America
    • Europe & Russia
    • Asia & China
    • Latin America
  • Supply & Disruption
    • Pipeline Disruptions
    • Refinery Outages
    • Weather Events (hurricanes, floods)
    • Labor Strikes & Protest Movements
  • Policy & Regulation
    • U.S. Energy Policy
    • EU Carbon Targets
    • Emissions Regulations
    • International Trade & Sanctions
  • Tech
    • Energy Transition
    • Hydrogen & LNG
    • Carbon Capture
    • Battery / Storage Tech
  • ESG
    • Climate Commitments
    • Greenwashing News
    • Net-Zero Tracking
    • Institutional Divestments
  • Financial
    • Interest Rates Impact on Oil
    • Inflation + Demand
    • Oil & Stock Correlation
    • Investor Sentiment
Oil Market Cap – Global Oil & Energy News, Data & Analysis
Home » Amazon CEO: Many Jobs Won’t Need As Many Humans Due to AI
U.S. Energy Policy

Amazon CEO: Many Jobs Won’t Need As Many Humans Due to AI

omc_adminBy omc_adminFebruary 27, 2026No Comments2 Mins Read
Share
Facebook Twitter Pinterest Threads Bluesky Copy Link


Is the AI job-pocalypse here? Amazon’s CEO doesn’t think so.

White-collar workers are worried. On Thursday, Block CEO Jack Dorsey announced plans to cut nearly half the company, bringing its staff of over 10,000 down to just under 6,000. On the company’s earnings call, Dorsey said that more companies would follow by using AI for efficiency gains.

In a Friday interview with CNBC’s Andrew Ross Sorkin, Amazon CEO Andy Jassy said that he hadn’t “really digested” the news from Block. Still, he had thoughts on the future of work with AI.

“I do believe that a lot of the jobs that we’ve thrown human beings at for the last 20 or 30 years, you won’t need as many human beings doing those same jobs,” he said.

Jassy has previously signaled AI would lead to white-collar job cuts at Amazon.

In a June memo to employees, the Amazon CEO wrote that “in the next few years, we expect that this will reduce our total corporate workforce as we get efficiency gains from using AI extensively across the company.” In the wake of the memo, three internal Amazon Slack channels lit up with criticism from employees, Business Insider previously reported.

It’s not just larger companies trimming staff in the AI era. Take the AI coding startup Vercel, for example, which trained an agent to do sales and then cut its 10-person sales team down to one.

Jassy struck an optimistic tone in his Friday interview.

“I also think there are going to be other jobs created, and that has always happened in every technology shift,” he said.

He gave the example of the cloud solutions architect. That job didn’t exist 15 years ago, he said; now, there are tens of thousands of them.

What new jobs will AI bring? It’s not yet clear. Some proposals — like the idea of the role of an AI prompt engineer — seem to have fizzled out. But AI has certainly driven higher demand for specific types of engineering roles and created a new market for training data.

Jassy acknowledged that the business world was going through a “transition” period in the interview.

“We’ll all work through it together,” he said.



Source link

Share. Facebook Twitter Pinterest Bluesky Threads Tumblr Telegram Email
omc_admin
  • Website

Related Posts

OpenAI’s Record Funding Is All About Google Rivals Joining Forces

February 27, 2026

OpenAI Just Closed a $110 Billion Funding Round

February 27, 2026

Google Executive Says He Spends 20+ Hours a Week Experimenting With AI

February 27, 2026
Add A Comment
Leave A Reply Cancel Reply

Top Posts

Federal Reserve cuts key rate for first time this year

September 17, 202513 Views

Inflation or jobs: Federal Reserve officials are divided over competing concerns

August 14, 20259 Views

Oil tanker rates to stay strong into 2026 as sanctions remove ships for hire – Oil & Gas 360

December 16, 20258 Views
Don't Miss

Venezuela cancels Halliburton asset sale after U.S. intervention to support oil sector restart

By omc_adminFebruary 27, 2026

(Bloomberg) – Venezuela canceled an auction of assets seized from Halliburton Co. after the Trump…

Equinor explores sale of offshore Angola assets as Brazil and U.S. output grows

February 27, 2026

Italy Calls for Suspension of EU Carbon Market as ETS Debate Intensifies Across Europe

February 27, 2026

Air Liquide, Holcim Target 1.1 Million Tons of Annual CO₂ Capture at Belgium Cement Plant

February 27, 2026
Top Trending

Winter getting shorter in 80% of major US cities, new data shows | US weather

By omc_adminFebruary 27, 2026

Trump officials move to kill system that protects US from chemical disasters | US Environmental Protection Agency

By omc_adminFebruary 27, 2026

LEGO Group Invests in Nature and Technology-Based Carbon Removal Projects

By omc_adminFebruary 27, 2026
Most Popular

The 5 Best 65-Inch TVs of 2025

July 3, 202515 Views

AI’s Next Bottleneck Isn’t Just Chips — It’s the Power Grid: Goldman

November 14, 202514 Views

The Layoffs List of 2025: Meta, Microsoft, Block, and More

May 9, 202510 Views
Our Picks

Venezuela cancels Halliburton asset sale after U.S. intervention to support oil sector restart

February 27, 2026

Why Is the Oil Price Rising Today?

February 27, 2026

Tanker Carrying Russian Oil Diverts From Cuba

February 27, 2026

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Facebook X (Twitter) Instagram Pinterest
  • Home
  • About Us
  • Advertise With Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions
© 2026 oilmarketcap. Designed by oilmarketcap.

Type above and press Enter to search. Press Esc to cancel.