Business Wire
BusinessEli Lilly’s reported $2.9B Merida acquisition sparks M&A chatter as SLS and IBRX rebound after AugustThe Apex TimesBusinessElon Musk’s chip preference spotlights Nvidia’s edge over AMD, but investors still watch executionThe Apex TimesBusinessTesla shares outpaced Rivian and Chinese EV rivals in August as Robotaxi rollout inched higher, traders looked ahead to the next Cybercab pushThe Apex TimesBusinessModerna shares surge 156% in August as investors bet on clinical progressThe Apex TimesBusinessMing-Chi Kuo says Nvidia has revived Rubin CPX after it seemingly vanished from the AI roadmapThe Apex TimesBusinessApple’s next CEO arrives with a different kind of power: money, and an AI testThe Apex TimesBusinessTesla and Einride set first 2026 delivery timeline for 500 Semi trucksThe Apex TimesBusinessZonPrep buys inbound-inventory software and services, betting on Amazon logistics automationThe Apex TimesBusinessNvidia pauses part of its AI customer financing after a strong quarter, raising questions about timingThe Apex TimesBusinessBoeing Teams With Thailand’s Civil Aviation Authority to Roll Out Competency-Based Pilot Training Across the CountryThe Apex TimesBusinessApple CEO transition hands AI test to John Ternus as AAPL slipsThe Apex TimesBusinessAnthropic reportedly signs $35 billion cloud deal involving Nvidia-backed Lambda and a Texas data-center leaseThe Apex TimesBusinessEli Lilly’s reported $2.9B Merida acquisition sparks M&A chatter as SLS and IBRX rebound after AugustThe Apex TimesBusinessElon Musk’s chip preference spotlights Nvidia’s edge over AMD, but investors still watch executionThe Apex TimesBusinessTesla shares outpaced Rivian and Chinese EV rivals in August as Robotaxi rollout inched higher, traders looked ahead to the next Cybercab pushThe Apex TimesBusinessModerna shares surge 156% in August as investors bet on clinical progressThe Apex TimesBusinessMing-Chi Kuo says Nvidia has revived Rubin CPX after it seemingly vanished from the AI roadmapThe Apex TimesBusinessApple’s next CEO arrives with a different kind of power: money, and an AI testThe Apex TimesBusinessTesla and Einride set first 2026 delivery timeline for 500 Semi trucksThe Apex TimesBusinessZonPrep buys inbound-inventory software and services, betting on Amazon logistics automationThe Apex TimesBusinessNvidia pauses part of its AI customer financing after a strong quarter, raising questions about timingThe Apex TimesBusinessBoeing Teams With Thailand’s Civil Aviation Authority to Roll Out Competency-Based Pilot Training Across the CountryThe Apex TimesBusinessApple CEO transition hands AI test to John Ternus as AAPL slipsThe Apex TimesBusinessAnthropic reportedly signs $35 billion cloud deal involving Nvidia-backed Lambda and a Texas data-center leaseThe Apex TimesBusinessEli Lilly’s reported $2.9B Merida acquisition sparks M&A chatter as SLS and IBRX rebound after AugustThe Apex TimesBusinessElon Musk’s chip preference spotlights Nvidia’s edge over AMD, but investors still watch executionThe Apex TimesBusinessTesla shares outpaced Rivian and Chinese EV rivals in August as Robotaxi rollout inched higher, traders looked ahead to the next Cybercab pushThe Apex TimesBusinessModerna shares surge 156% in August as investors bet on clinical progressThe Apex TimesBusinessMing-Chi Kuo says Nvidia has revived Rubin CPX after it seemingly vanished from the AI roadmapThe Apex TimesBusinessApple’s next CEO arrives with a different kind of power: money, and an AI testThe Apex TimesBusinessTesla and Einride set first 2026 delivery timeline for 500 Semi trucksThe Apex TimesBusinessZonPrep buys inbound-inventory software and services, betting on Amazon logistics automationThe Apex TimesBusinessNvidia pauses part of its AI customer financing after a strong quarter, raising questions about timingThe Apex TimesBusinessBoeing Teams With Thailand’s Civil Aviation Authority to Roll Out Competency-Based Pilot Training Across the CountryThe Apex TimesBusinessApple CEO transition hands AI test to John Ternus as AAPL slipsThe Apex TimesBusinessAnthropic reportedly signs $35 billion cloud deal involving Nvidia-backed Lambda and a Texas data-center leaseThe Apex TimesBusinessEli Lilly’s reported $2.9B Merida acquisition sparks M&A chatter as SLS and IBRX rebound after AugustThe Apex TimesBusinessElon Musk’s chip preference spotlights Nvidia’s edge over AMD, but investors still watch executionThe Apex TimesBusinessTesla shares outpaced Rivian and Chinese EV rivals in August as Robotaxi rollout inched higher, traders looked ahead to the next Cybercab pushThe Apex TimesBusinessModerna shares surge 156% in August as investors bet on clinical progressThe Apex TimesBusinessMing-Chi Kuo says Nvidia has revived Rubin CPX after it seemingly vanished from the AI roadmapThe Apex TimesBusinessApple’s next CEO arrives with a different kind of power: money, and an AI testThe Apex TimesBusinessTesla and Einride set first 2026 delivery timeline for 500 Semi trucksThe Apex TimesBusinessZonPrep buys inbound-inventory software and services, betting on Amazon logistics automationThe Apex TimesBusinessNvidia pauses part of its AI customer financing after a strong quarter, raising questions about timingThe Apex TimesBusinessBoeing Teams With Thailand’s Civil Aviation Authority to Roll Out Competency-Based Pilot Training Across the CountryThe Apex TimesBusinessApple CEO transition hands AI test to John Ternus as AAPL slipsThe Apex TimesBusinessAnthropic reportedly signs $35 billion cloud deal involving Nvidia-backed Lambda and a Texas data-center leaseThe Apex Times
Back to front
Amazon Web Services CEO Matt Garman argues AI won’t erase white-collar jobs as the company ramps up hiring
The Apex Times

THE APEX TIMES

Business/The Apex Times/Jun 24, 2:46 PM EDT

Amazon Web Services CEO Matt Garman argues AI won’t erase white-collar jobs as the company ramps up hiring

Speaking as Amazon prepares for a new wave of college talent, Matt Garman, CEO of AWS, pushed back against forecasts of an entry-level “job bloodbath,” while describing rapid growth in its developer base.

Amazon Web Services CEO Matt Garman said artificial intelligence will not eliminate white-collar jobs outright, countering a familiar warning that automation will hit office workers first. Garman’s remarks come as Amazon expands its early-career recruiting efforts, aiming to bring in thousands of graduates and interns.

Garman said AWS is hiring about 11,000 graduates and interns, describing the program as evidence that the company expects demand for new talent rather than a near-term collapse in junior roles. The recruiting effort is framed as part of Amazon’s broader strategy to keep building out its technology and services workforce as AI adoption accelerates across industries.

In the same context, Garman pointed to AWS’s developer ecosystem as another indicator of momentum. He said AWS has more developers than it had two years earlier, using that growth to argue that AI is pulling new people and skills into the cloud economy instead of displacing them across desk-based functions.

The statements were reported by Yahoo Finance, which characterized Garman as rejecting predictions that AI will eliminate many white-collar positions, especially those aimed at entry-level workers. The report also linked the hiring push to a more optimistic outlook for the job market among newer workers entering technology roles.

While the company did not provide, in the reported account, detailed breakdowns of which job families would be created or how many roles are directly tied to AI product work versus core cloud operations, the hiring figure suggests Amazon is betting that it can absorb increased AI-related demand through a mix of new graduates and interns.

Garman’s argument fits a broader industry debate. Cloud providers and enterprise software companies have increasingly positioned AI as a driver of new workloads, new automation services, and new platforms that require engineering, operations, data, and customer-facing skills. In that view, AI changes tasks more than it ends careers, though the transition can still be uneven across occupations and geographies.

Even so, AI’s effect on hiring is likely to vary by role. Garman’s comments, as described in the report, address a directional question about whether AI will “wipe out” white-collar jobs, but they do not quantify likely net job gains or explain what specific roles might be reduced as others expand. The company also did not outline any measurable timetable for how AI adoption might shift compensation levels, training requirements, or headcount across different business units.

Going forward, investors and workers will be watching whether Amazon’s recruiting plans translate into sustained operating leverage in AWS and whether the company ties AI-related hiring to concrete product launches, customer adoption metrics, or changes in how it staffs major engineering and support functions. Any follow-up disclosures about the types of roles targeted and the regions involved would help clarify what “more hiring” means in practice.

Why It Matters

  • AWS’s posture toward hiring can shape how cloud and AI labor markets perceive the near-term impact of automation on desk-based work.
  • A stated hiring target of 11,000 graduates and interns suggests Amazon expects ongoing demand for entry-level talent, even as AI adoption reshapes workflows.
  • Growth in the developer base is often treated as a leading indicator of platform engagement and future cloud consumption, particularly for AI-enabled workloads.
  • Whether Amazon provides more granular staffing and AI adoption details could influence how analysts model AWS’s ability to scale.

Sources

Key Facts

  • Matt Garman, CEO of Amazon Web Services (AWS), argued that AI will not wipe out white-collar jobs.
  • Garman said AWS is hiring about 11,000 graduates and interns.
  • In the reported discussion, Garman cited growth in AWS’s developer base, saying it has more developers than two years ago.
  • The remarks were reported by Yahoo Finance in connection with Amazon’s early-career recruiting plans.
  • The report did not specify which job functions or geographies are included in the hiring count in the information available here.

Technology Related

Sep 1, 12:07 AM EDT
The Apex Times

Apple CEO transition hands AI test to John Ternus as AAPL slips

John Ternus takes over as Apple’s chief executive role as Phil Schiller steps back, with market attention focused on how leadership changes could affect ongoing work on artificial intelligence initiatives. Apple shares slid in early trading following the transition reports.

Apple CEO transition hands AI test to John Ternus as AAPL slips
The Apex Times
Amazon Web Services CEO Matt Garman argues AI won’t erase white-collar jobs as the company ramps up hiring | The Apex Times