Amazon Automation: Plan to Replace 600,000 Workers By 2033

This video discusses internal reports suggesting that Amazon plans to replace up to 600,000 workers with robots by 2033 across its warehouses and corporate offices.

The video warns that this massive shift to automation could cause other major companies to follow suit, leading to widespread job losses. It raises concerns about what the average worker will do when replaced by AI and robotics, ultimately suggesting that only those who invest in these technologies will clearly benefit.

0:00 Amazon plans to replace 600,000 workers by 2033.
0:28 Cuts will hit white-collar roles and warehouse staff.
1:15 Questioning the plan: Will we switch to UBI?
1:40 Debating the 30-cent-per-item saving motivation.
2:25 Warning: Other companies (Target, Walmart) will follow this trend.
2:34 Elon Musk's prediction: All jobs will be eliminated by AI.
3:15 The goal: Reduce prices, but how will people earn income?
4:24 Who benefits? Only those who invest in the AI and robotics companies.
5:14 Expert warning: Amazon could become a "net job destroyer."
6:22 What happens when AI comes for specialized fields like technicians?

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Amazon, Automation, Job Loss, Robotics, Future of Work, AI, Econews, Tech News, Amazon Jobs, Warehouse Jobs, 2033, Unemployment, Knice Finance, Finance, Investing, Economic Future, UBI (Universal Basic Income).