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Significant move by Amazon, aiming to save $3.5 billion annually by cutting 14,000 managerial positions.

The rise of AI and automation is indeed be a contributing factor. Companies like Amazon have been increasingly leveraging AI to streamline operations, optimize decision-making, and reduce the need for human oversight in certain managerial roles. AI systems can handle data analysis, resource allocation, and even some supervisory tasks more efficiently than humans in some cases.

Regrettably, this may only be the start of a broader transition. Prepare accordingly! Invest in AI in every way to stay competitive and robustify your bags, or risk being outpaced by its advancements.

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Paul O

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Adil Rehman

Amazon is safest to invest instead of keeping cash?