REED COWAN:
00:01:36
That's sure to be a headline. Also, there's a headline I wanted to ask you about today, Kelly, and that's Amazon making it very clear that they're going to cut 14,000 jobs. But you have some pretty important perspective and context on who this will affect, who it won't affect. And, also, I'm pretty fascinated about your thoughts about how AI could impact our future and how this could be sort of a calling card about that. So whenever you hear layoffs, especially something of that magnitude, 14,000, it's never good. But this is also happening at the same time that Amazon is adding 250,000 holiday seasonal workers. So this, by no means, does it mean that Amazon is in trouble or that consumers aren't spending. Amazon came out today and said, look, this is coming from the corporate area. They say that they have too many layers of bureaucracy, and they want to get rid of some of that and then invest some of those resources into areas that they see as growth platforms for them. So think artificial intelligence. I went to-- I think, actually, some of the video that's on the screen right now-- one of the most technologically advanced Amazon warehouses in the country, and they told me that, yes, AI, Artificial Intelligence; automation, it's going to take some jobs, but it's also going to create new opportunities that didn't exist before. So, Reed, to your point of, What does this mean for the overall job market and what AI might do? this is sort of a watershed moment where you are seeing companies like Amazon, like others come out in those corporate roles, those roles that could be impacted by AI. I think this is just the beginning of the iceberg, but the hope is that that does create new opportunities that we'll need to upskill for but that will be available in the future. Important reporting. Kelly O'Grady not only giving us all of that data but going to where the sausage is made, so to speak. Thank you so much. Good to talk to you, friend.
