Amazon News

6 articles in amazon

eBay bans illicit automated shopping amid rapid rise of AI agents

eBay bans illicit automated shopping amid rapid rise of AI agents

New policy requires "buy for me" AI tools and chatbots to obtain permission before accessing the platform.

arstechnica.com
Jan 22
AIBiz & ITagentic AI
‘We could hit a wall’: why trillions of dollars of risk is no guarantee of AI reward

‘We could hit a wall’: why trillions of dollars of risk is no guarantee of AI reward

Progress of artificial general intelligence could stall, which may lead to a financial crash, says Yoshua Bengio, one of the ‘godfathers’ of modern AI Will the race to artificial general intelligence (AGI) lead us to a land of financial plenty – or will it end in a 2008-style bust? Trillions of dollars rest on the answer. The figures are staggering: an estimated $2.9tn (£2.2tn) being spent on datacentres , the central nervous systems of AI tools; the more than $4tn stock market capitalisation of Nvidia, the company that makes the chips powering cutting-edge AI systems; and the $100m signing-on bonuses offered by Mark Zuckerberg’s Meta to top engineers at OpenAI, the company behind ChatGPT. Continue reading...

theguardian.com
Jan 17
AI (artificial intelligence)ComputingTechnology
AWS re:Invent was an all-in pitch for AI. Customers might not be ready.

AWS re:Invent was an all-in pitch for AI. Customers might not be ready.

AWS is releasing a lot of new AI tech, but the cloud infrastructure giant's enterprise customers may not be ready for it yet.

techcrunch.com
Dec 5, 2025
AIEnterpriseHardware
More than 1,000 Amazon workers warn rapid AI rollout threatens jobs and climate

More than 1,000 Amazon workers warn rapid AI rollout threatens jobs and climate

Workers say the firm’s ‘warp-speed’ approach fuels pressure, layoffs and rising emissions More than 1,000 Amazon employees have signed an open letter expressing “serious concerns” about AI development, saying that the company’s “all-costs justified, warp speed” approach to the powerful technology will cause damage to “democracy, to our jobs, and to the earth.” The letter, published on Wednesday, was signed by the Amazon workers anonymously, and comes a month after Amazon announced mass layoff plans as it increases adoption of AI in its operations. Continue reading...

theguardian.com
Nov 28, 2025
AmazonArtificial intelligence (AI)E-commerce
How Amazon turned our capitalist era of free markets into the age of technofeudalism | Yanis Varoufakis

How Amazon turned our capitalist era of free markets into the age of technofeudalism | Yanis Varoufakis

Amazon Web Services owns the basic infrastructure for other businesses to operate online, turning even governments into its serfs. But now some people are fighting back For the past six years, every Black Friday – that made-up carnival of consumption – Amazon workers and their allies have mobilised across the world in coordinated strikes and protests . At first glance, these disputes look like the standard struggle between a giant capitalist employer and the people who keep it running. But Amazon is no ordinary corporation. It is the clearest expression of what I call technofeudalism: a new economic order in which platforms behave like lords owning the fiefs that have replaced markets. To appreciate Amazon’s extraordinary power, we must recall the system it is helping to bury. Capitalism relied on markets and profit. Firms invested in productive capital, hired workers, produced commodities and lived or died by profit and loss. But the emerging order is one in which the most powerful capitalist firms have exited that market altogether. They own the digital infrastructure that everyone else must use to trade, work, communicate and live. Yanis Varoufakis is the leader of MeRA25 and the author of Technofeudalism: What Killed Capitalism Continue reading...

theguardian.com
Nov 27, 2025
AmazonSurveillanceWorkers' rights
With a new company, Jeff Bezos will become a CEO again

With a new company, Jeff Bezos will become a CEO again

He stepped down at Amazon in 2021 and doesn't hold a CEO title at Blue Origin.

arstechnica.com
Nov 17, 2025
AITechAmazon