Jeff Bezos agrees with OpenAI’s Sam Altman: We’re in an AI bubble. But Amazon’s founder says the benefits will be ‘gigantic’

Recently, many relevant companies have seen an artificial intelligence optimism and extensions in assessments. In August, Openai CEO told reporters that the artificial intelligence market was in a bubble. When bubbles, “smart people warn of the nucleus of the truth,” Altman warned, which led to similarities with a Dot-Com mutation. However, he said that his personal belief is “in general, this will be a great victory over the economy.”

BEZOS now says the presence of Amnesty International bubble, and has a more positive look.

The similarity between this bubble and the DOT-Com hall in the late 1990s worries investors and comes with high financial risks. But Bezos said that the difference in the nature of the current artificial intelligence bubble should provide investors with some condolences.

“This is a type of industrial bubble, unlike financial bubbles,” he said at the Italian Technology Week on Friday.

Ultimately, industrial bubbles could be positive, which indicated that biotechnology and pharmaceutical bubbles in the nineties led to the development of life-saving drugs-although in this process, many public companies that were bankrupt during the mutation or obtained in a small part of the start value by the end. The cumulative net losses of the lower lines of biotechnology companies accumulated by more than $ 40 billion, Wall Street Magazine It was mentioned in 2004.

But Bezos said industrial bubbles “not very bad” like other bubbles, such as

“It may be good, because when dust settles and see those who are the winners, societies benefit from these investors,” Bizos said. “This is what will happen here too. This is real, the benefits that belong to society will be giant.”

During the bubbles, everything is funded, as indicated. He said that when these excitement periods come, investors face difficulty in distinguishing good ideas from bad, adding that this “may happen today” with artificial intelligence investments.

Mark Zuckerberg, CEO of Meta recently, made similar comments, saying that the Amnesty International bubble is possible, but he prefers to see his company “a few hundred billion dollars” wrongly “instead of delaying the properties.

But whether artificial intelligence is in a bubble or not separate from its transformative potential, Bizus pointed out: “This does not mean that anything happens is not real. Amnesty International is real, and it will change every industry.”

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