Jamal Khashoggi
👤 PersonAppearances Over Time
Podcast Appearances
And their revenue has just gone from 283 to 350 billion in basically three years.
And when you look at this Amazon stuff that came out, I just wanted to point out a couple of things.
It's not just that they're not hiring these 600,000 jobs.
It's that they are in full-blown crisis preparation for this.
They have crisis teams writing up how to handle this and be a good corporate citizen.
And they're talking about having parades and paying for toys for tots.
And they're even trying to get the executives to say things like co-bots, as opposed to robots.
Let's not call them that.
Let's call them co-workers and co-bots.
And when you look at this, just to open up the aperture here,
Right now, Walmart and Amazon are the number one and two employers in the US.
2.1 million people work at Walmart, over a million at Amazon, and 3 million people, as we know, work in taxis, Uber, door dashers.
All those jobs are at risk.
And we talked about this back in June when Andy Jassy telegraphed all this in a blog post where he said, the next few years, we expect that this will reduce our total corporate workforce as we get efficiency gains from using AI extensively across the company.
They believe
that they're going to have significant job displacement.
Let's just use the more neutral term here as opposed to job loss or not hiring.
And when you look, I don't know if you saw it today, there were a bunch of MAGA people saying like, oh, these interlopers in the MAGA movement are not taking into account the bottom half of the MAGA movement, the workers, people who don't own equities.
And when we look at electricity,
You were on that story last week, Chamath, or maybe it was even two weeks ago now.