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Brad Erickson

๐Ÿ‘ค Speaker
32 total appearances

Appearances Over Time

Podcast Appearances

Bloomberg Tech
Amazon Shares Soar on Cloud Growth

Rufus is really intended to sort of, you know, add a, we'll call it a tailwind to your shopping experience and your conversions.

Bloomberg Tech
Amazon Shares Soar on Cloud Growth

So literally get you to buy more stuff.

Bloomberg Tech
Amazon Shares Soar on Cloud Growth

So that's that part of it.

Bloomberg Tech
Amazon Shares Soar on Cloud Growth

The headcount thing is tricky because you're right.

Bloomberg Tech
Amazon Shares Soar on Cloud Growth

Like initially, you kind of follow the fact pattern and then what we know of some other companies and the efficiencies they're getting.

Bloomberg Tech
Amazon Shares Soar on Cloud Growth

Clearly, generative AI, it is very likely that it is contributing to job losses right now.

Bloomberg Tech
Amazon Shares Soar on Cloud Growth

And some companies are overtly saying it.

Bloomberg Tech
Amazon Shares Soar on Cloud Growth

Last night, Andy Jassy, the CEO, said that largely it was kind of a function of over-hiring middle management, trying to sort of flatten the organization a little bit more, so not related to generative AI.

Bloomberg Tech
Amazon Shares Soar on Cloud Growth

But I think by all intent and purposes, you have to think that

Bloomberg Tech
Amazon Shares Soar on Cloud Growth

trend is going to continue.

Bloomberg Tech
Amazon Shares Soar on Cloud Growth

And yeah, it's a little concerning from a deflationary standpoint, I would say.

Bloomberg Tech
Amazon Shares Soar on Cloud Growth

But, you know, that's what we know so far.

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