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Tech CEOs advise White House on virus impact

Jeff Bezos and Satya Nadella
Amazon CEO Jeff Bezos and Microsoft CEO Satya Nadella. (Space Foundation / Microsoft Photos)

Amazon CEO Jeff Bezos and President Donald Trump aren’t exactly the best of friends, but that didn’t stop the White House from including the world’s richest individual on a list of industry leaders working with Trump to bring about a “Great American Economic Revival.”

Bezos, Microsoft CEO Satya Nadella and Starbucks CEO Kevin Johnson are among the members of industry groups that were created this week to address the economic impacts of the coronavirus outbreak, the White House said in an April 14 statement.

Nadella and Bezos are on the tech group, alongside the CEOs of Apple, Facebook, Google, IBM, Intel, Oracle, Salesforce and other leading companies. Johnson is listed with a different group, focusing on the food and beverage industry.

There are more than 200 representatives in all on sector-specific teams, ranging from health care industry executives to sports executives and “thought leaders” including trickle-down economist Art Laffer.

“These bipartisan groups of American leaders will work together with the White House to chart the path forward toward a future of unparalleled American prosperity,” the White House said.

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Microsoft’s CEO sees AI’s down side for jobs

Satya Nadella
Microsoft CEO Satya Nadella talks about the “upscaling” effect of AI at the DLD tech conference in Munich. (DLD via YouTube)

Experts on employment trends have long raised concerns about how job markets are being disrupted so quickly by artificial intelligence and automation are disrupting the job market, and now it sounds as if Microsoft CEO Satya Nadella shares those concerns.

Nadella has made AI one of the pillars of Microsoft’s future growth. But during today’s fireside chat at the DLD tech conference in Munich, he acknowledged that the technology comes with moral imperatives attached. It’s not enough to create AI tools that make more money for Microsoft, he said.

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