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Bezos weighs in on AI bubble fears

4 0
04.10.2025
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The Big Story

Bezos weighs in on AI bubble fears

Amazon founder Jeff Bezos suggested Friday there is a bubble in the artificial intellgence market but argued this ultimately could benefit society.

© Photo Credit

During an appearance at Italian Tech Week, the billionaire sought to distinguish what he described as an “industrial bubble.”

“This is a kind of industrial bubble, as opposed to financial bubbles,” Bezos said in a conversation with Ferrari Chair John Elkann in Turin, Italy.

“The ones that are industrial are not nearly as bad,” he continued. “It could even be good because when the dust settles and you see who are the winners, society benefits from those inventions.”

He pointed to a bubble that formed in the biotechnology industry in the 1990s, noting investors “all lost money” when it burst, but society ultimately received several lifesaving drugs as a result.

“That’s what’s going to happen here too,” Bezos said. “This is real. The benefits to society from AI are going to be gigantic.”

Stock market bubbles form when share prices rapidly increase in a way that is disconnected from their underlying value.

Many have raised concerns that

© The Hill