{"id":5795,"date":"2025-10-08T16:24:29","date_gmt":"2025-10-08T16:24:29","guid":{"rendered":"https:\/\/musictechohio.online\/site\/jeff-bezos-ai-bubble-good-eliminate-weak\/"},"modified":"2025-10-08T16:24:29","modified_gmt":"2025-10-08T16:24:29","slug":"jeff-bezos-ai-bubble-good-eliminate-weak","status":"publish","type":"post","link":"https:\/\/musictechohio.online\/site\/jeff-bezos-ai-bubble-good-eliminate-weak\/","title":{"rendered":"Jeff Bezos Says AI Bubble Is Good Because It Will Eliminate the Weak"},"content":{"rendered":"
\n

Many investors<\/a> and financial experts<\/a> are concerned<\/a> that a looming AI bubble could wreak havoc on the economy \u2014 but Amazon founder Jeff Bezos can\u2019t wait for it to burst.<\/p>\n

During a tech conference in Italy last week, Bezos conceded that the AI industry is in a \u201ckind of industrial bubble,\u201d as CNBC<\/em> reports<\/a>.<\/p>\n

Besides companies\u2019 valuations becoming \u201cdisconnected from the fundamentals\u201d of a business, Bezos argued that \u201cpeople get very excited like they are today about artificial intelligence.\u201d<\/p>\n

But to the fourth-richest person in the world, a collapse of the AI industry could eventually be a positive development \u2014 because, in his mind, it could eliminate the weak from the market.<\/p>\n

\u201cThe [bubbles] that are industrial are not nearly as bad, it can even be good, because when the dust settles and you see who are the winners, societies benefit from those inventions,\u201d he argued. \u201cThat is what is going to happen here, too.\u201d<\/p>\n

\u201cThis is real, the benefits to society from AI are going to be gigantic,\u201d the billionaire said.<\/p>\n

Bezos\u2019 comments highlight tech leaders\u2019 and investors\u2019 continued insistence that the tech will eventually \u201cusher in an era of abundance<\/a>\u201d marked by a boost in productivity, cheaper goods, and people living healthier lives. That kind of optimism has played a key part in an industry that has poured astronomical amounts of resources into a tech that still has a lot to prove.<\/p>\n

Experts have become increasingly skeptical<\/a> of the industry\u2019s claims, though, as it becomes clear that AI isn\u2019t yet ready to replace workers<\/a>. A landmark MIT study<\/a> earlier this year found that a whopping 95 percent of generative AI pilots at companies are falling flat, failing to drive rapid revenue growth.<\/p>\n

Bezos isn\u2019t alone in arguing that an AI bubble could ultimately be a positive development.<\/p>\n

\u201cWhen bubbles happen, smart people get overexcited about a kernel of truth,\u201d OpenAI CEO Sam Altman told a small group of reporters<\/a> in August,\u00a0as quoted by\u00a0The Verge<\/em><\/a>. \u201cAre we in a phase where investors as a whole are overexcited about AI? My opinion is yes.\u201d<\/p>\n

At the time, Altman argued that \u201csomeone\u201d will lose a \u201cphenomenal amount of money,\u201d seemingly implying that OpenAI could survive largely unscathed.<\/p>\n

\u201cMy personal belief, although I may turn out to be wrong, is that on the whole, this will be a huge net win for the economy,\u201d he added, closely echoing Bezos\u2019 latest comments.<\/p>\n

More recently, Altman reiterated<\/a> that \u201cpeople will overinvest and lose money, and underinvest and lose a lot of revenue,\u201d during a tour of one of his firm\u2019s data centers being built in Abilene, Texas, earlier this month, as quoted by\u00a0The Associated Press<\/em><\/a>.\u00a0<\/p>\n

\u201cWe\u2019ll make some dumb capital allocations,\u201d he added, but \u201cover the arc that we have to plan over, we are confident that this technology will drive a new wave of unprecedented economic growth.\u201d<\/p>\n

Bezos and Altman\u2019s optimism highlights a growing divergence between their lofty promises and actual expectations.<\/p>\n

\u201cWhen [investors are] excited, they tend to think about the good things that can go right, and they diminish the things you should be skeptical about that can go wrong,\u201d said Goldman Sachs CEO David Solomon at the same tech conference in Italy last week, as quoted by CNBC<\/em>. \u201cI think that there will be a lot of capital that\u2019s deployed that will turn out to not deliver returns.\u201d<\/p>\n

\u201cThere will be a reset, there will be a check at some point, there will be a drawdown,\u201d he added. \u201cThe extent of that will depend on how long this [bull run] goes.\u201d<\/p>\n

More on the AI bubble:<\/strong> Bank of England Warns of Impending AI Disaster<\/em><\/a><\/p>\n

The post Jeff Bezos Says AI Bubble Is Good Because It Will Eliminate the Weak<\/a> appeared first on Futurism<\/a>.<\/p>\n<\/div>\n

<\/div>","protected":false},"excerpt":{"rendered":"

Many investors and financial experts are concerned that a looming AI bubble could wreak havoc on the economy \u2014 but Amazon founder Jeff Bezos can\u2019t wait for it to burst.…<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[177,3841,3842],"tags":[],"class_list":["post-5795","post","type-post","status-publish","format-standard","hentry","category-artificial-intelligence","category-ethics","category-future-society"],"_links":{"self":[{"href":"https:\/\/musictechohio.online\/site\/wp-json\/wp\/v2\/posts\/5795","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/musictechohio.online\/site\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/musictechohio.online\/site\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/musictechohio.online\/site\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/musictechohio.online\/site\/wp-json\/wp\/v2\/comments?post=5795"}],"version-history":[{"count":0,"href":"https:\/\/musictechohio.online\/site\/wp-json\/wp\/v2\/posts\/5795\/revisions"}],"wp:attachment":[{"href":"https:\/\/musictechohio.online\/site\/wp-json\/wp\/v2\/media?parent=5795"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/musictechohio.online\/site\/wp-json\/wp\/v2\/categories?post=5795"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/musictechohio.online\/site\/wp-json\/wp\/v2\/tags?post=5795"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}