Jeff Bezos says AI could power a return to single-earner households as it turbocharges productivity

Source: Business Insider ·

Jeff Bezos says AI could power a return to single-earner households as it turbocharges productivity

Bezos, the world's third wealthiest person, said more families will need only one parent to work and people will work for three days per week.

From the source

Jeff Bezos says AI could lead to a labor shortage by enabling people to work less.Stacy Revere/Getty ImagesAmazon founder Jeff Bezos says the productivity gains from AI could lead to a labor shortage.Extra productivity may mean families only need one working parent, he said in a Fox News interview.This will take people out of the workforce and make hiring more difficult, Bezos added.Jeff Bezos says many families will return to having just one working parent as AI drives increased productivity.Speaking to Fox News in an interview on Wednesday evening, the Amazon founder said the workplace efficiency gains he believes AI will trigger could lead to a labor shortage.If AI increases economic productivity as he expects it to, "you're not going to need to have a two-earner income household," Bezos told Fox News chief political anchor Bret Baier."If you want to have it, it's fine. You'll have it. But if you don't want to have it, one of the people might drop out," he added.Bezos went on to…

BestAIBroker analysis

Read the original source