$6.2 billion which are prob to be invested in amazon to be invested in the startup to be invested in amazon, so I would not assume such an amount actually implies the size where this would be surprising.
There is pretty concrete published data that shows trends in less hiring for roles that are easily replaced by AI such as content writers and front-end developers
Personally I let go a developer I was using because I only had them around for front end work and now I'm much more productive just doing that with Claude Code directly
So the returns for the average business are largely due to less employee and contractors spending
> There is pretty concrete published data that shows trends in less hiring
Is there any concrete evidence that lower hiring is due to AI, and not due to some other factor - such as a stalling economy? I suspect AI growth is the only thing currently staving off a full-blown recession.
There is money going in, but not as much as what these valuations and investments imply. The numbers are inflated and that's common knowledge by this point.