GLOBAL CEO, ENTREPRENEUR, PROFESSOR, AND MENTOR

July 13, 2019

Amazon Demonstrates Why Breaking Up Big Tech Won’t Solve The Real Problem

Is Amazon becoming saintly?

Amazon announced on Thursday that it will invest $700 million in retraining 100,000 workers for higher-tech positions that will be more secure and hopefully more satisfying as automation and artificial intelligence continue to encroach on more and more jobs. Workers have good reason to be worried about their future. A McKinsey & Company study concluded that existing technologies “could automate 45 percent of the activities people are paid to perform and that about 60 percent of all occupations could see 30 percent or more of their constituent activities automated, again with technologies available today.”

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