Amazon's robotics ambitions can lead to multibillion-dollar cost cuts for the company, according to Morgan Stanley. Amazon plans to replace 600,000 jobs with robots in the coming years and, ultimately, is working towards its goal of automating 75% of its operations, The New York Times reported on Monday citing several internal strategy documents. The e-commerce giant is planning to add about 40 next-generation robotics warehouses by the end of 2027 and has already begun overhauling old fulfillment centers, per the report. These efforts could wipe out thousands of full-time human jobs across Amazon's warehouses over the next decade — and the money could start rolling in within just a few years. Morgan Stanley analyst Brian Nowak estimated that the shift could translate to between $2 billion

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