Jeff Bezos predicts AI will create a labor shortage, not replace human workers across the economy

Amazon founder Jeff Bezos said that the rise of artificial intelligence (AI) won't lead to the replacement of humans in the workforce and will instead create labor shortages.

Bezos spoke at the VivaTech technology conference in Paris on Wednesday and offered an optimistic outlook on the impact of AI on the workforce amid concerns about its impact on the role of human workers across the economy.

"I know there's a lot of concern that many people have, including many smart people, that AI is going to make humans redundant and so on," Bezos said.

"I totally disagree with that point of view. And I think, in fact, AI is going to create a labor shortage," the Amazon founder added. "We have an endless set of things to invent… We are limited not by our imaginations but by what we can actually do."