Amazon founder Jeff Bezos on why all the companies building datacentres are ‘wrong’: It is much better to just…

Jeff Bezos thinks the current rush to build private data centers for AI is a massive waste of resources—and he’s drawing parallels to a 110-year-old mistake. Speaking at the 2026 New York Times DealBook Summit, the Amazon founder argued that companies like Meta and OpenAI constructing their own massive computing facilities mirror early 20th-century factories that generated their own electricity before power grids existed.

“Right now, everybody is building their own data center, their own generators essentially.