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Amazon Web Services CEO Matt Garman warned business leaders against replacing junior employees with AI, calling it “one of the dumbest things" he's ever heard. On the “Matthew Berman” podcast Tuesday, Garman said junior employees are the most cost-effective and adaptable to AI integration. He warned that replacing them risks leaving companies without skilled workers in the future. Garman emphasized that long-term career value in an AI-driven market will not come from narrow degrees or single-skill expertise. He advised students to focus on critical reasoning, creativity, and adaptability as technology advances. The remarks follow Amazon CEO Andy Jassy’s June announcement that AI will shrink the corporate workforce, which drew mixed employee reactions. Amazon has committed over $100 billion to AI infrastructure, including $13 billion for Australian data centers through 2029, while freezing retail hiring budgets.

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00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Amazon Web Services CEO Matt Garvin warned business leaders against replacing junior
00:06employees with AI, calling it one of the dumbest things he's ever heard. On the Matthew Berman
00:10podcast Tuesday, Garvin said junior employees are the most cost-effective and adaptable to AI
00:15integration. He warned that replacing them risks leaving companies without skilled workers in the
00:19future. Garvin emphasized the long-term career value in an AI-driven market will not come from
00:24neurodegrees or single-skill expertise. He advised students to focus on critical reasoning,
00:28creativity, and adaptability as technology advances. Remarks follows the Amazon CEO Andy
00:34Jassy's June announcement that AI will shrink the corporate workforce and strew mixed employee
00:38reactions. Amazon has committed over $100 billion to AI infrastructure, including $13 billion for
00:44Australian data centers through 2029, while freezing retail hiring budgets.
00:48For all things money, visit Benzinga.com.

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