Amazon CEO Andy Jassy anticipates generative artificial intelligence will reduce its corporate workforce in the next few years as the online giant begins to increase its usage of the technology. “We will need fewer people doing some of the jobs that are being done today, and more people doing other types of jobs,” Jassy said in a message to employees. “It’s hard to know exactly where this nets out over time, but in 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.”...

On a recent episode of “Prof G Markets,” marketing professor and investor Scott Galloway noted that Americans are still eating out, booking trips, and shopping at places like Whole Foods, even though the economy feels increasingly uncertain. In his view, consumer spending habits haven’t yet reflected what he calls “irrational economic policy.” Economy On Pause, Not In Panic “If you didn’t know all of this was going on, I’m not sure you would know what’s going on,” Galloway said, referring to Pre...