Go Unlimited with Magzter GOLD

Go Unlimited with Magzter GOLD

Get unlimited access to 10,000+ magazines, newspapers and Premium stories for just

$149.99
 
$74.99/Year

Try GOLD - Free

'Future of jobs & shopping will grow together, not collide'

Financial Express Pune

|

December 11, 2025

After Amazon on Wednesday announced its plans to invest over $ 35 billion in India by 2030, Samir Kumar, Amazon India country manager, speaks to Yarughullah Khan & Rishi Raj on the company's future trajectory in the country. He said that fears over job losses from AI are misplaced, as technology has historically expanded employment. He said the same principle applies to quick commerce, which is just an extension of e-commerce rather than any risky bubble. Excerpts:

There's concern that AI adoption at Amazon will trigger job losses. Should people worry?

History shows the opposite. When ATMs were introduced, there were predictions that bank tellers would disappear. In reality, banks ended up hiring more staff. Technology changes how work gets done, but it also creates new tasks and new types of roles. I see AI expanding the scope of what people can do rather than replacing them.

Do you expect your own workforce to grow or shrink?

I can't predict exact numbers. Automation will increase productivity, but I also expect growth in creative and human-centric roles. Human skills will be deployed in new ways as technology evolves.

Some have warned of a quick-commerce bubble. Your views?

MORE STORIES FROM Financial Express Pune

Financial Express Pune

Vi unveils three-year growth plan, lines up ₹45,000 crore

VODAFONE IDEA ON Wednesday outlined a three-year turnaround road map anchored around a ₹45,000-crore investment plan, as it seeks to shift from balance sheet stabilisation to growth.

time to read

1 mins

January 29, 2026

Financial Express Pune

Highest-ever sales in a quarter drive TVS profit up 52%

TVS MOTOR COMPANY'S standalone net profit rose 52% year-on-year to ₹940 crore in the third quarter of FY26, aided by its highest-ever quarterly sales volumes across vehicle categories in both domestic and export markets.

time to read

1 min

January 29, 2026

Financial Express Pune

‘Nutrition is an area of interest for us’

Tata Consumer Products delivered a strong set of December-quarter numbers, aided by lower tea prices, GST cuts that boosted consumption demand, and underlying volume growth of 13% in its India business.

time to read

3 mins

January 29, 2026

Financial Express Pune

Software-led deals deliver profit for Pine Labs in Q3

FINTECH MAJOR PINE

time to read

1 mins

January 29, 2026

Financial Express Pune

ONGC in talks with ExxonMobil for joint bids under OALP rounds

STATE-RUN OIL and Natural Gas Corporation (ONGC) is in discussions with ExxonMobil to jointly bid for hydrocarbon blocks in upcoming rounds under India’s Open Acreage Licensing Policy (OALP), the company’s Director (Exploration) OP Sinha said.

time to read

1 min

January 29, 2026

Financial Express Pune

Budget to tackle external threats

THOUGH THERE WILL be no change in the stated policy to allow the rupee's value to be market-determined, policymakers have taken note of the rising costs of imported machinery and intermediates caused by the weaker local currency, and its dampening impact on the investment climate.

time to read

3 mins

January 29, 2026

Financial Express Pune

Avoiding agentic debt spiral

AFTER A DECADE of racing to the cloud, adopting microservices and automating workflows, Indian enterprises gained efficiency but also accumulated hidden debt. Now a new form is emerging: faster, harder to detect and far more consequential. This time, the debt isn’t technical—it’s cognitive. It’s agentic debt.

time to read

2 mins

January 29, 2026

Financial Express Pune

India comes out on top in trade pact with EU: Greer

THE US IN its first comments on the India-EU Free Trade Agreement (FTA) has said that India has emerged as the winner.

time to read

1 min

January 29, 2026

Financial Express Pune

Excise revenue bucks declining trend, growth seen above 10% this fiscal

AMID FALTERING OVERALL tax collections so far in FY26 (2025-26), Union excise duty collections are poised to reverse the recent declining trend.

time to read

1 mins

January 29, 2026

Financial Express Pune

The silent salesman

LABELBLIND'S PLATFORM HELPS CREATE REGULATORY-COMPLIANT FOOD LABELS

time to read

2 mins

January 29, 2026

Listen

Translate

Share

-
+

Change font size