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Amazon CEO Andy Jassy announced that AI will lead to job reductions at the company as it increases efficiency. Amazon is investing $100 billion in AI this year to expand services and data centers. Jassy expects AI agents to revolutionize work and innovation, while acknowledging potential job displacement. This follows similar AI-driven workforce reductions at other companies like Crowdstrike, Shopify, and Duolingo, highlighting a broader trend in corporate America.

Prepared by Christopher Adams and reviewed by editorial team.