Rockefeller

Economics of AI

Amazon to Retrain Its Employees. Why That’s Big Deal.

Recently, Amazon announced that it will spend $700 Million (USD) to retrain its employees. Why are they doing this? Simple: automation. They know that a displaced workforce would be bad political mojo at a time when the giant is facing increasing calls for regulation, even potential anti-trust action.Anti-trust laws in the US were made largely […]

Read More