Jeff Bezos says AI could power a return to single-earner households as it turbocharges productivity

What happened: Jeff Bezos told Fox News that AI-driven productivity gains could let families return to a single-earner household, with some people choosing to work three days a week instead of five. Key numbers: US unemployment has stayed between 4.1% and 4.5% over the past two years. A Yale Budget Lab analysis in June found AI's job market impact modest since late 2022. Why it matters: Bezos said the same productivity could create a labor shortage, making hiring harder as more people opt out of working two jobs. He joins Elon Musk in touting an AI-powered "age of abundance.

Jeff Bezos told Fox News that AI-driven productivity gains could let families return to a single-earner household, with some people choosing to work three days a week instead of five.

Bezos said the same productivity could create a labor shortage, making hiring harder as more people opt out of working two jobs. He joins Elon Musk in touting an AI-powered "age of abundance.