Amazon founder Jeff Bezos may have agreed with Sam Altman over ‘AI Bubble’ warning but says technology is real and…

Amazon founder Jeff Bezos has said that the current surge of investment in artificial intelligence (AI) constitutes an “industrial bubble” but stressed that the underlying technology is “real” and will bring immense societal benefits. Similar comments have been previously made by OpenAI CEO Sam Altman who reportedly said earlier this year that he believes AI could be in a bubble but it’s “the most important thing to happen in a very long time”.

“This is a kind of industrial bubble,” the Amazon founder said while speaking at Italian Tech Week.