Solve the following math problem efficiently and clearly:

- For simple problems (2 steps or fewer):
Provide a concise solution with minimal explanation.

- For complex problems (3 steps or more):
Use this step-by-step format:

## Step 1: [Concise description]
[Brief explanation and calculations]

## Step 2: [Concise description]
[Brief explanation and calculations]

...

Regardless of the approach, always conclude with:

Therefore, the final answer is: $oxed{answer}$. I hope it is correct.

Where [answer] is just the final number or expression that solves the problem.

Problem: The figure shows two concentric circles. If the length of chord AB is 80 units and chord AB is tangent to the smaller circle, what is the area of the shaded region? Express your answer in terms of $\pi$.

[asy]
defaultpen(linewidth(.8pt));
dotfactor=4;
filldraw(circle((0,0),50),gray);
filldraw(circle((0,0),30),white);
dot((0,0));

draw((-40,30)--(40,30));

label("$A$",(-40,30),W);
label("$B$",(40,30),E);
[/asy]
user