Bloomberg Businessweek USA - 02.09.2019

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In July, Amazon said it will spend $700 million to retrain one-third

of its U.S. workforce. That has more companies thinking about

employee training.

Today’s enterprises can’t stop to innovate. Tomorrow is

real-time progress in motion. At KPMG, we help our clients

balance, evolve and benefit from change.

Anticipate tomorrow. Deliver today.

Brad Fisher

Partner, KPMG

Learn more about the future of AI,

visit:read.kpmg.us/ai

Source: Amazon Commits $700 Million to Retrain Workers in New Skills, Bloomberg, July 11, 2019.

©2019 KPMG LLP, a Delaware limited liability partnership and the U.S. member firm of the KPMG network of independent member firms affiliated with KPMG
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“Clients are coming to grips with the fact that

they might not have the workforce they need in

the AI automation-based world. So which workers

need to go back to school? AI is going to have

a disproportionate impact on any job that has

repetition. It’s not just blue collar jobs. It may well

impact white collar jobs to a much greater extent.”