Jeff Bezos predicts AI will create labor shortages, not job loss, at VivaTech conference

AI will lead to labour shortages, Bezos says in optimistic talk

PARIS, June 17 (Reuters) - Artificial Intelligence will lead to labour shortages, not the replacement of humans, Amazon (AMZN.O), opens new tab founder Jeff Bezos predicted in a highly optimistic appearance at the VivaTech technology conference in Paris on Wednesday. Bezos put forward a rosy vision of how technology will help humanity, speaking about projects including his space venture Blue ⁠Origin and his new AI startup Prometheus, which is aimed at speeding up physical manufacturing. "I know there's a lot of concern that many people have, including many smart people, that AI is going to make humans redundant and so on," Bezos said. "I totally disagree with this point of view. And I think, in fact, AI is going to create a labor shortage." Half of Americans fear the rise of AI could put them or someone in their household out of work, a Reuters/Ipsos poll found this month. Bezos, the world's fourth-richest person with a net worth around $250 billion, argued that people have "endless" things ⁠to do, and are currently limited by barriers that he said AI would lower. One goal of space exploration is to move polluting industries off Earth, said Bezos, whose Blue Origin aims to compete with trillionaire Elon Musk's SpaceX (SPCX.O), opens new tab in rockets. "If space travel gets reliable enough and inexpensive enough, and we can get materials from ⁠asteroids and near-Earth objects and the moon, then this garden planet can be returned to its pre-Industrial Revolution state," Bezos said. Appearing together with Bezos was Blue Origin CEO David Limp, who said reconstruction of the firm's ⁠launch pad for New Glenn rockets has begun in Florida following a dramatic explosion in May. Musk has also put forward a lofty vision for space ahead of last week's SpaceX IPO, including plans ⁠to create cities on the moon and Mars. In an interview with JPMorgan CEO Jamie Dimon last week, he talked about firing AI data centres into space and having vacations on the moon. Reporting by Gianluca Lo Nostro, Toby Sterling and Louise Heavens Editing by Peter Graff Our Standards: The Thomson Reuters Trust Principles., opens new tab

Jeff Bezos says AI will cause "labor scarcity," not job loss

"I know there's a lot of concern in general about AI and job loss," Bezos said in a recent CNBC interview. "I have a very different view. I think what's actually going to happen is we're going to have labor scarcity as a result. People are going to have to work hard." "I know why people are pessimistic. They're pessimistic because a bunch of smart people are telling them to be pessimistic, but those people are wrong," Bezos added. "When you have productivity -- and this could be very significant productivity in the economy -- that is going to raise the standard of living." Bezos has been staunch in his belief that AI will result in the opposite of job loss, instead resulting in a shortage of human labor. In May, he said that AI pessimists were "dead wrong," adding that the tech would "elevate" young workers and allow people to get work done at "a higher level."

AI will lead to labour shortages, Jeff Bezos says in optimistic talk

Bezos put forward a rosy vision of how technology will help humanity, speaking about projects including his space venture Blue Origin and his new AI startup Prometheus, ⁠which ⁠is aimed at speeding up physical manufacturing. Bezos, the world's fourth-richest person with a net ⁠worth around $250 billion, argued that people have "endless" things to do, and are currently limited by barriers that he said AI would lower. Artificial Intelligence will lead to labour shortages, not the replacement of humans, Amazon founder Jeff Bezos predicted in a highly optimistic appearance at the VivaTech technology conference in Paris on Wednesday. Bezos put forward a rosy vision of how technology will help humanity, speaking about projects including his space venture Blue Origin and his new AI startup Prometheus, ⁠which ⁠is aimed at speeding up physical manufacturing. "I know there's a lot of concern that many people have, including many smart people, that AI is going to make humans redundant and so on," Bezos said. "I totally disagree with this point of view. And I think, in fact, AI is going to create a labor shortage." Half of Americans fear the rise of AI could ⁠put them or someone in their household out of work, a Reuters/Ipsos poll found this month. Bezos, the world's fourth-richest person with a net ⁠worth around $250 billion, argued that people have "endless" things to do, and are currently limited by barriers that he said AI would lower. One goal of space exploration is to move polluting industries off Earth, said Bezos, whose Blue Origin aims to compete with trillionaire Elon Musk's SpaceX in rockets. "If space travel gets reliable enough and inexpensive enough, and we can get materials from asteroids and near-Earth objects and the moon, then this garden planet can be returned to its pre-Industrial Revolution state," Bezos said. Appearing together with Bezos was Blue Origin CEO David Limp, who ⁠said reconstruction of the firm's launch pad for New Glenn rockets has begun in Florida following a dramatic explosion in May. Musk has also put forward a lofty vision for space ahead of last week's SpaceX IPO, including plans to create cities on the moon and Mars. In an interview with JPMorgan CEO Jamie Dimon last week, he talked about firing AI data centres into space and having vacations on the moon.

AI will lead to labour shortages, Bezos says in optimistic talk

PARIS -- Artificial Intelligence will lead to labour shortages, not the replacement of humans, Amazon founder Jeff Bezos predicted in a highly optimistic appearance at the VivaTech technology conference in Paris on Wednesday. Bezos put forward a rosy vision of how technology will help humanity, speaking about projects including his space venture Blue Origin and his new AI startup Prometheus, which is aimed at speeding up physical manufacturing. "I know there's a lot of concern that many people have, including many smart people, that AI is going to make humans redundant and so on," Bezos said. "I totally disagree with this point of view. And I think, in fact, AI is going to create a labour shortage." Half of Americans fear the rise of AI could put them or someone in their household out of work, a Reuters/Ipsos poll found this month. Bezos, the world's fourth-richest person with a net worth around US$250 billion, argued that people have "endless" things to do, and are currently limited by barriers that he said AI would lower. One goal of space exploration is to move polluting industries off Earth, said Bezos, whose Blue Origin aims to compete with trillionaire Elon Musk's SpaceX in rockets. "If space travel gets reliable enough and inexpensive enough, and we can get materials from asteroids and near-Earth objects and the moon, then this garden planet can be returned to its pre-Industrial Revolution state," Bezos said. Appearing together with Bezos was Blue Origin CEO David Limp, who said reconstruction of the firm's launch pad for New Glenn rockets has begun in Florida following a dramatic explosion in May. Musk has also put forward a lofty vision for space ahead of last week's SpaceX IPO, including plans to create cities on the moon and Mars. In an interview with JPMorgan CEO Jamie Dimon last week, he talked about firing AI data centres into space and having vacations on the moon.

AI will lead to labour shortages, Bezos says in optimistic talk

PARIS, June 17 (Reuters) - Artificial Intelligence will lead to labour shortages, not the replacement of humans, Amazon founder Jeff Bezos predicted in a highly optimistic appearance at the VivaTech technology conference in Paris on Wednesday. Bezos put forward a rosy vision of how technology will help humanity, speaking about projects including his space venture Blue Origin and his new AI startup Prometheus, which is aimed at speeding up physical manufacturing. "I know there's a lot of concern that many people have, including many smart people, that AI is going to make humans redundant and so on," Bezos said. "I totally disagree with this point of view. And I think, in fact, AI is going to create a labor shortage." Half of Americans fear the rise of AI could put them or someone in their household out of work, a Reuters/Ipsos poll found this month. Bezos, the world's fourth-richest person with a net worth around $250 billion, argued that people have "endless" things to do, and are currently limited by barriers that he said AI would lower. One goal of space exploration is to move polluting industries off Earth, said Bezos, whose Blue Origin aims to compete with trillionaire Elon Musk's SpaceX in rockets. "If space travel gets reliable enough and inexpensive enough, and we can get materials from asteroids and near-Earth objects and the moon, then this garden planet can be returned to its pre-Industrial Revolution state," Bezos said. Appearing together with Bezos was Blue Origin CEO David Limp, who said reconstruction of the firm's launch pad for New Glenn rockets has begun in Florida following a dramatic explosion in May. Musk has also put forward a lofty vision for space ahead of last week's SpaceX IPO, including plans to create cities on the moon and Mars. In an interview with JPMorgan CEO Jamie Dimon last week, he talked about firing AI data centres into space and having vacations on the moon. (Reporting by Gianluca Lo Nostro, Toby Sterling and Louise HeavensEditing by Peter Graff)