Amazon CEO of Worldwide Consumer Jeff Wilke said robots make Amazon's warehouses more efficient, which lets the company pay higher wages.
Despite fears that robots will replace human jobs, Amazon's CEO of Worldwide Consumer Jeff Wilke said robots are helping the company pay higher wages to human workers.Amazon has long been pressured to raise its minimum wage, which it did at the end of last year.Mike Kane | Bloomberg | Getty Imagespay humans higher wages, according to the company's head of worldwide consumer Jeff Wilke.
"We are using robotics and AI to make the job safer and make it easier for people to do what they do best, which is be creative and use their mind," Wilke said in an interview with CNBC'sfrom Amazon's re:MARS conference in Las Vegas. He said small robots bring inventory to workers in the warehouse so they can stay put.
"Those small robots have made the job safer, and they've made it more efficient, which has allowed us to pay higher wages," Wilke said. As artificial intelligence has become more advanced, workers in low-skill jobs have feared their roles could be filled by robots. A recent report by the Brookings Institution found that
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Marriott CEO on consumer confidence, the trade war impact on tourism and moreThe NYU Hospitality Conference is in full swing with industry leaders discussing the impact of tariffs on tourism and lodging among other topics. Arne Sorenson, president and CEO of Marriott International, joins 'Squawk Box' to discuss the state of the industry and what he's watching in the economy and from the consumer.
Read more »
Big Tech Founders Lose Billions After Government Considers Antitrust ProbeThe net worth of Amazon CEO Jeff Bezos fell the most.
Read more »
Big Tech Founders Lose Billions After Government Considers Antitrust ProbeThe fortunes of the founders of Google, Facebook and Amazon tumbled more than $16 billion dollars combined on Monday after reports surfaced that big tech firms may be the target of several antitrust probes
Read more »
Bezos, Zuckerberg, Brin, Page Lose Billions After Government Considers Antitrust ProbeAmazon CEO Jeff Bezos's net worth fell $6.5 billion on the news that authorities may investigate the company for antitrust concerns
Read more »
Apple's WWDC 2019 Keynote Live: What's Next for the iPhone, iPad and MacLive coverage of Apple WWDC 2019, the iPhone maker's worldwide developer conference, where CEO Tim Cook and other executives unveil what's nexrt for iOS, macOS, tvOS and more.
Read more »
Exxon shareholders reject splitting CEO, board chair rolesExxon Mobil Corp shareholders on Wednesday rejected a proposal that would have s...
Read more »
Nissan CEO sees no big downside to FCA-Renault mergerNissan sees no major downside to partnering with a combined Renault and Fiat Chr...
Read more »
Amazon Removes Books Promoting Bleach As Cure For Autism, CancerThe action follows parents saying they have force-fed their children the toxic chemical as a “miracle cure.”
Read more »
Tesla CEO urges employees to 'catch up' to hit delivery recordTesla Inc has 'a lot of catching up' to do but still can achieve a rec...
Read more »
Disney CEO Bob Iger on Galaxy's Edge: 'You're entering the reality of Star Wars'For Disney CEO Bob Iger, the biggest challenge of creating his company's new Star Wars land, Galaxy's Edge, was 'making sure that this place in every aspect of it is true to what Star Wars is.'
Read more »