Each new robot represents the loss of 1.6 manufacturing jobs on average. Robots are estimated to replace about 20 million manufacturing jobs by 2030, according to a new report. The global stock of ...

Long before the advent of Chat GPT and other AI technology began stirring fears of job obsolescence, Microsoft co-founder Bill Gates proposed a radical idea that, in retrospect, makes sense: taxing ...

A New York Times report recently said that e-commerce giant Amazon plans to replace more than half a million jobs with robots. Quoting the report, X user Jason wrote: “Amazon is gonna replace 600,00 ...

Amazon has been using robots in its warehouses for over a decade, and that's not stopping anytime soon. According to a report Monday from The New York Times, Amazon is seeking to ramp up its robot ...

AI may be reshaping workplaces, but a new McKinsey Global Institute report argues that it won’t replace the workforce—it will ...

TL;DR: Amazon plans to automate 75% of its operations by 2033, potentially replacing 600,000 jobs with robots to save $12.6 billion and reduce shipping costs. Despite internal documents revealing this ...

Elon Musk, CEO of Tesla Inc. (NASDAQ:TSLA), has predicted that the company's humanoid robot Optimus could revolutionize the global economy even if it significantly reduces the need for human labor.

Steven Musil is a senior news editor at CNET News. He's been hooked on tech since learning BASIC in the late '70s. When not cleaning up after his daughter and son, Steven can be found pedaling around ...

It’s hard to think of any other company that has shaped the labor market as much as Amazon has over the past two decades. Now, internal documents and interviews obtained by the New York Times point to ...