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Tuesday, 1 July 2025
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Despite tariffs, Andy Jassy says Amazon hasn’t ‘seen prices appreciably go up,’ so far

Despite tariffs, Andy Jassy says Amazon hasn’t ‘seen prices appreciably go up,’ so far

In Monday’s interview with CNBC Gym crammer, Heroic CEO Andy Jassi said that the tech veteran had not seen significant value growth, and he explained that his company and its vendors are using strategies using.

He said, “We had shopped several months ago, and then many of our vendors, our third party sold partners, deployed a lot of inventory to avoid some issues with further uncertainty, where tariffs are going to settle,” he said. “And we have, so far, not seen prices go commendably.”

chairman Donald Trump Widely wide tariffs on imports from several countries including China have been released, which is a major supplier for Amazon and its vendors, as well as for many major American businesses.

Jassi said that there are about two million vendors in the Amazon market. Even if some sellers move on Tariff spending to customers by increasing prices, he said that there will be many who will not do it and who instead “will take shares and will not increase prices.” Such diversity in the market helps customers, Jassi said.

The way he is widely changing Artificial Intelligence and has called generative AI a “most transformative technique of our lifetime”. When AI -like “is a really unusual transformative technique”, Jassi said, there are two options – to embrace the new technology and “to remove it, and then it happens to you.” Amazon, he said, East has chosen – which he said that has been a historically better option.

Recently recently Memorandum For employees, Jassi said that it will be shrink Amazon’s workforce. He told Craermer that AI means less work for employees and they make their work more interesting, saying that they all can “start every task in a more advanced initial place.” He said that robotics and AI -related time would be hired with even more work.

AI will change dynamics not only for workers, but for customers, Jassi continued. He suggested that the broad consumer use of robots could not be so far away.

“I think many, perhaps most, consumers will have robots at home for some time in the next ten years,” Jassi said. “I think you will see that great personal assistants like Alexa will be inside these robots, and she will be able to help you a lot inside your house.”

Amazon CEO Andy Jassi says AI will change the workforce

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