
A New Power is Rising!
Hmph! A baleful wind blows from the West and not the kind that fills your sails with promise! Young Master Jassy of Amazon it seems has been peering into his palantír and what he sees isn't entirely heartening. He speaks of generative AI a force as potentially helpful as it is... well like the One Ring perhaps? Powerful yes but with a nasty habit of enslaving its user. Apparently this AI promises to one day reduce the need for as many employees. Less 'Many Meetings' and more 'Many Machines,' I daresay.
Not All Who Wander are Lost... But Some Are Likely to be Laid Off
Jassy assures us that new jobs will arise like mushrooms after a spring rain in fields like AI and robotics. But I wonder will these new roles be enough to offset the losses? He even confessed that the corporate workforce will shrink as Amazon wrings more efficiencies out of the technology. As I've said before 'I have no memory of this place,' and I fear many fine folk will soon be saying the same about their desks at Amazon!
One Does Not Simply Walk Into a New Job
It seems this technological tremor isn't confined to Amazon. Benioff of Salesforce claims AI is doing a significant portion of the work there. Even Shopify and Microsoft are urging employees to embrace the machine. It's a worrying trend like seeing Saruman consorting with Orcs. The CEO of Klarna even boasted of a 40% headcount reduction thanks in part to AI. Are we to become redundant like old Bilbo after his eleventy first birthday party?
Rote Work? Or the Very Fabric of Our Being?
Jassy paints a rosy picture claiming AI will free us from "rote work" and make our jobs more interesting. More interesting perhaps than watching paint dry but less so than a proper fireworks display courtesy of yours truly? He insists it will enable us to invent better services more quickly. But at what cost I wonder? Is this progress or merely a gilded cage?
Layoffs: The Shadow Deepens
Amazon has already wielded the axe cutting over 27,000 jobs since 2022. Smaller layoffs continue to plague the retail and devices units. It's a grim reminder that even the mightiest kingdoms can crumble. Is this the beginning of a new Dark Age where machines rule and men merely serve (or more likely are unemployed)?
The Market's Verdict: Neither Here Nor There
The stock market ever fickle seems unimpressed. Amazon shares are merely flat underperforming the Nasdaq. Perhaps even the market senses the unease the potential for a future where human endeavor is valued less than the cold logic of a machine. Let us hope that this AI doesn't turn out to be another Nazgûl in disguise for then all hope truly will be lost... or at least your stock options.
lachlan
What about second breakfast... I mean, second job?