Bezos Warns of an AI Bubble – but Sees Long-Term Benefits for Society

Jeff Bezos spoke unusually openly about the current situation in the AI sector at the Italian Tech Week in Turin. The Amazon founder referred to artificial intelligence as "a kind of industrial bubble," where stock prices are disconnected from fundamental data. Investors find it difficult during periods of great euphoria to distinguish between good and bad ideas. Nevertheless, Bezos emphasized that the underlying technology is real and will transform all industries. Lessons from the biotech bubble Bezos drew parallels to the biotech euphoria...