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Jeff Bezos says a 3-day workweek and more single-income households are on the way thanks to AI: ‘It’s going to be difficult to hire people’

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Say goodbye to working Fridays—or possibly ever working at all. That’s the future that Amazon founder Jeff Bezos predicts AI could bring.

In contrast to his tech peers like Anthropic CEO Dario Amodei and OpenAI leader Sam Altman, who have warned about the technology’s potential risks, Bezos recently revealed that he sees a not-so-distant world in which AI-driven productivity makes it easier for people to support themselves, in turn requiring fewer working hours.

“Some people will decide, I can support my family working three days a week. That’s what productivity in the economy means,” Bezos told Fox News this week.

He added that the abundance of wealth and resources in the AI era will even likely cause a labor shortage because many families will revert to single-income households, meaning one member won’t have to work if they don’t want to. 

“You’re not going to need to have a two-earner household. If you want it, fine. If you don’t want to have it, one of the people might drop out,” Bezos said. “…It’s going to be difficult to hire people, because the productivity in the economy will make it so that [if] people don’t want to work two jobs, they won’t have to.”

Bezos says AI poses a challenge for investors—but his own companies stand to gain

While Bezos is bullish on AI’s long-term potential, he also acknowledged that investors face a more uncertain path as the technology reshapes the economy.

When asked whether the AI boom is a bubble, Bezos said that it was “hard to know.” The technology itself is real, he argued, even if the rush to capitalize on it means money is flowing to businesses that may not ultimately succeed.

“What I do know is the technology is real. I think this is a good thing for society,” Bezos continued, but added that: “It’s tricky for investors. Every experiment gets funded—the good ideas and the bad ideas. In the moment, in the tussle of this, it’s hard for investors to know the difference between the good ideas and the bad ideas.”

Amazon, the company Bezos founded in his garage back in 1995, is one of many major businesses betting heavily on AI. It plans to spend over $200 billion on capital expenditures this year, largely thanks to investments in data centers. At the same time, Amazon has cut about 30,000 corporate roles since late last year, underscoring the tension between AI’s promise of greater productivity and the uncertainty facing workers as companies restructure.

Bezos also stands to benefit from the AI boom through Blue Origin, his space exploration company, which has ambitions to build data centers in space and eventually expand human activity to the Moon and beyond. The company’s latest funding round reportedly raised $10 billion, valuing the firm at $140 billion—helping Bezos’ net worth soar to $365 billion.

From Jamie Dimon to Elon Musk, leaders predict AI will shorten the workweek—but disagree on how much

Bezos isn’t alone in predicting that AI will boost productivity and give workers more flexibility. But business leaders are split on just how dramatically the technology could reshape the workweek—and whether it could eventually make working optional altogether.

Nvidia CEO Jensen Huang has said that AI will “probably” lead to a 4-day workweek, while JPMorgan Chase boss Jamie Dimon predicted has predicted employees could eventually work just 3.5 days a week. Bill Gates has gone even further, floating the possibility of a two-day workweek.

But perhaps no executive has made more sweeping predictions than Elon Musk. The SpaceX founder has predicted that AI and robotics could usher in an era of “universal high income,” making money less relevant and freeing people from the need to work.

Late last year, Musk said: “In less than 20 years—but maybe even as little as 10 or 15 years—the advancements in AI and robotics will bring us to the point where working is optional.”

Disclaimer : This story is auto aggregated by a computer programme and has not been created or edited by DOWNTHENEWS. Publisher: fortune.com