Call Me Stormy

Finding righteous currents in turbulent times

Archive for the tag “Jeffrey Bezos”

Amazon AI Shift Threatens Jobs

Amazon, who famously promoted a high hourly rate to gain workers, is now set to eliminate 30,000 jobs in favor of artificial intelligence automation.

This is a prime example of how artificial intelligence can be used in a negative way. Glenn Beck doesn’t think American citizens will take too kindly to this…

Insiders Selling Their Stocks

Insiders are now selling their shares of stocks. Peter Thiel, Jeffrey Bezos and Mark Zuckerberg are leading the parade of corporate insiders selling stock this quarter.

The question becomes: Are they in a panic? Is this a sign that the recent market exuberance could be peaking? Here’s more from The Money GPS.

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