As automation technology has leapt ahead, workers increasingly worry about losing their jobs to robots and algorithms. Economists dismiss those concerns, by and large, arguing that workers can grab higher-skilled jobs with better wages.
Amazon may soon find out who is right.
The e-commerce giant said Thursday that it planned to spend $700 million to retrain about a third of its American workers to do more high-tech tasks, an acknowledgment that advances in technology are remaking jobs in nearly every industry — and that workers will need to adapt or risk being left behind.