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Amazon has mostly sat out the AI talent war
Amazon has struggled to recruit top AI talent. An internal document and company insiders reveal the reasons.
Amazon's spokesperson initially told BI that the company continues to "adapt our approach to remain highly competitive, maintaining flexibility in both our compensation packages and work arrangements to attract and retain the best AI talent in this dynamic market." On Amazon's earnings call last month, Morgan Stanley analyst Brian Nowak pressed CEO Andy Jassy on Wall Street's "narrative right now that AWS is falling behind" in AI and fears of losing market share to rivals. "Based on how we run our business and what we have achieved, there are more risks than potential benefits from changing an approach that has been so successful for our shareholders over the past several decades," Amazon wrote this year about executive compensation in its annual proxy statement.
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