Jeff Bezos strongly rejects the narrative that A.I. technology will cause permanent mass unemployment.  Instead, he predicts that the massive productivity gains brought on by AI will actually act as a deflationary force, driving down the costs of goods and services and lowering the overall cost of living.

However, he warned that regulators must not stifle the technology prematurely with heavy-handed guardrails. 

 He compares the AI transition to upgrading workers from “a shovel to a tractor.” The work changes, but productivity sky-rockets.