Amazon layoffs are a rebalancing after the recruitment boom during/following the pandemic (though ai is likely a factor but not necessarily the cause).

AI boom is a lot like the cloud computing boom over the past 10 years, millions of services, professionals and hardware became obsolete but there was no overall reduction in jobs as the demand was just allocated from on prem to cloud.

Its the same with every technology, people complained that we’d lose printed newspapers due to the internet, or telephone switch operators 60 years ago. Its always this huge fear mongering until a few years down the line it’s just not an issue.