Amazon's Bezos argues AI will enhance worker productivity rather than displace jobs, as company plans $200 billion in AI capital expenditures

In a CNBC interview, Amazon Chairman Jeff Bezos rejected predictions of widespread job displacement from artificial intelligence, stating that AI is more likely to increase worker productivity and create new opportunities.

Bezos predicted that AI advances could contribute to lower costs across products and services through productivity gains, though he cautioned that restrictive government regulations imposed before the technology's full potential is understood could limit its benefits.

Amazon plans to allocate about $200 billion in capital expenditures toward AI technologies, while the company has announced approximately 16,000 corporate job reductions this year as it seeks operational efficiencies.