Amazon founder Jeff Bezos said that artificial intelligence is showing signs of being in an "industrial bubble."

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Jeff Bezos describes the current AI industry as an "industrial bubble" where both good and bad ideas receive funding, and investors struggle to distinguish between them. Despite the bubble characteristics—inflated valuations and excessive excitement—he emphasizes that AI technology is real and will transform every industry. Drawing parallels to the 1990s biotech bubble, Bezos argues that industrial bubbles can ultimately benefit society by producing valuable innovations, even if many companies fail. Other business leaders, including OpenAI's Sam Altman and Goldman Sachs CEO David Solomon, have echoed similar concerns about AI market valuations.

Jeff Bezos says AI is in an industrial bubble but society will get ‘gigantic’ benefits from the tech

Just a reminder: AI is NOT good for the average person. It is good for elites and high earners that are already significantly “capable” people. Menial jobs will be replaced, and we will have massive strife fighting for UBI (rich subsidizing poor so they can live) and even then, UBI welfare state will create dumb, lazy slaves of citizens (unless a massive culture shift away from constant pleasure &amp; immediate gratification takes place).

Agree… People thinking AI is going away, now is the time to take of your silverfoil hats before it starts to look stupid!
We finally found THE math, and sapiens will adjust the shit out of it! :D

Currently at the point: “Yes it’s a bubble, but it’s a good one!”