{"id":476477,"date":"2025-10-05T19:00:38","date_gmt":"2025-10-05T19:00:38","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/476477\/"},"modified":"2025-10-05T19:00:38","modified_gmt":"2025-10-05T19:00:38","slug":"jeff-bezos-agrees-with-openais-sam-altman-were-in-an-ai-bubble-but-amazons-founder-says-the-benefits-will-be-gigantic","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/476477\/","title":{"rendered":"Jeff Bezos agrees with OpenAI\u2019s Sam Altman: We\u2019re in an AI bubble. But Amazon’s founder says the benefits will be \u2018gigantic\u2019"},"content":{"rendered":"

Jeff Bezos joined Sam Altman<\/a> in admitting the existence of an AI bubble\u2014but Amazon\u2019s founder sees upside.<\/p>\n

Recently, many AI-related companies have seen voracious optimism<\/a> and spikes in valuations<\/a>.\u00a0In August, the OpenAI CEO told<\/a> reporters the AI market was in a bubble. When bubbles happen, \u201csmart people get overexcited about a kernel of truth,\u201d Altman warned, drawing parallels with the dot-com boom. Still, he said his personal belief is \u201con the whole, this would be a huge net win for the economy.\u201d<\/p>\n

Now Bezos too is saying an AI bubble exists, and has an even more positive outlook.<\/p>\n

The similarity between this bubble and the dot-com bubble in the late 1990s worries investors<\/a> and comes with high financial risks. But Bezos said the difference in nature of the current AI bubble should provide investors some solace.<\/p>\n

\u201cThis is a kind of industrial bubble, as opposed to financial bubbles,\u201d he said<\/a> at Italian Tech Week on Friday.<\/p>\n

Ultimately, industrial bubbles can be positive, Bezos added, pointing out that the biotech and pharmaceutical bubble in the 1990s led to the development of life-saving drugs\u2014though in the process, many public companies that IPO\u2019d during the boom went bankrupt or were acquired at a fraction of their starting value by the end. The cumulative net losses to public biotech companies\u2019 bottom lines piled up to more than $40 billion, The Wall Street Journal reported<\/a> in 2004.<\/p>\n

But, Bezos said industrial bubbles are \u201cnot nearly as bad\u201d as other bubbles.<\/p>\n

\u201cIt can even be good, because when the dust settles and you see who are the winners, societies benefit from those investors,\u201d Bezos said. \u201cThat is what is going to happen here too. This is real, the benefits to society from AI are going to be gigantic.\u201d<\/p>\n

And during bubbles, everything gets funded, he noted. When these periods of excitement come along, investors have a hard time distinguishing the good ideas from the bad, he said, adding this is \u201cprobably happening today\u201d with AI investments.<\/p>\n

Meta<\/a> CEO Mark Zuckerberg recently made similar comments, saying<\/a> an AI bubble is possible but that he would rather see his company \u201cmisspend a couple hundred billion dollars\u201d than be late to superintelligence.<\/p>\n

But whether AI is in a bubble or not is separate from its transformative potential, Bezos pointed out: \u201cThat doesn\u2019t mean anything that is happening isn\u2019t real. AI is real, and it is going to change every industry.\u201d\n<\/p>\n

Fortune Global Forum<\/strong> returns Oct. 26\u201327, 2025 in Riyadh. CEOs and global leaders will gather for a dynamic, invitation-only event shaping the future of business. Apply for an invitation.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Jeff Bezos joined Sam Altman in admitting the existence of an AI bubble\u2014but Amazon\u2019s founder sees upside. Recently,…\n","protected":false},"author":2,"featured_media":476478,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3163],"tags":[323,324,1942,5490,125563,51,17112,132223,98778,1197,3327,12767,597,598,1318,20208,22508,53,16,15],"class_list":{"0":"post-476477","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-artificial-intelligence","8":"tag-ai","9":"tag-amazon","10":"tag-artificial-intelligence","11":"tag-biotech","12":"tag-bubble","13":"tag-business","14":"tag-chief-executive-officer-ceo","15":"tag-enterprise-technology","16":"tag-investing-strategy","17":"tag-investment","18":"tag-investment-strategy","19":"tag-jeff-bezos","20":"tag-mark-zuckerberg","21":"tag-meta","22":"tag-openai","23":"tag-sam-altman","24":"tag-tech-stocks","25":"tag-technology","26":"tag-uk","27":"tag-united-kingdom"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/115323104340009643","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/476477","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=476477"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/476477\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/476478"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=476477"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=476477"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=476477"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}