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Jeff Bezos Sees AI Cutting Hours, Not Jobs, in US Economy

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2026-06-12 08:42:06
Jeff Bezos said AI is more likely to reduce working hours than eliminate jobs in the US economy, arguing it will boost productivity and living standards. According to BeInCrypto, the Amazon founder told CNBC he expects AI to create labor scarcity, with some households potentially shifting from two earners to one and others opting out of overtime.

Bezos spoke as his physical AI startup Prometheus announced a $12 billion Series B funding round valuing the company at $41 billion. Prometheus launched in November with $6.2 billion in backing; Bezos is co-CEO alongside Vik Bajaj.
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