I think that A.I. and generative A.I. specifically is the most transformative technology of our lifetime, which is saying a lot, given that we have had the Internet,” he told CNBC.

Amazon has laid off hundreds of employees in its AWS cloud division as part of a broader restructuring effort driven by the growing adoption of generative AI and CEO Andy Jassy's push to streamline operations.

Ring founder Jamie Siminoff has returned to the Amazon doorbell business and is reinstating its crime-fighting mission while emphasizing AI efficiency

Amazon CEO Andy Jassy said that while the company continues to hire for AI, some jobs will require fewer employees because of automation.

What Happened: The new policy was announced by Jamie Siminoff, the founder of Ring, on Wednesday, according to a Fortune report. It mandates that all promotion applications within Amazon’s RBKS organization must now include details on how AI is utilized in their roles.

Amazon CEO Andy Jassy says advancements in AI will “reduce” the company’s corporate headcount over the next few years. In a memo to employees on Tuesday, Jassy writes that Amazon expects the change due to “efficiency gains from using AI extensively across the company,

A recent move codifies and formalizes what was previously implied: that Amazon managers should evaluate employees in part on how well their actions live up to the company’s 16 Leadership Principles

Insiders tell The Register that a company-wide automation push means jobs are disappearing Amazon.com CEO Andy Jassy's predictions that automation would cost jobs at the company have proven accurate at Amazon Web Services.