Amazon.com Inc. founder Jeff Bezos has argued that the huge surge of investment in artificial intelligence is fuelling a “good” kind of bubble, delivering lasting benefits for society even if share prices collapse as dramatically as his ecommerce company’s did 25 years ago.
“This is kind of an industrial bubble as opposed to financial bubbles,” Bezos said at a tech conference in Turin on Friday, drawing parallels with the dotcom-era investment in fibre-optic cable that outlasted many of the companies who deployed it and the “life-saving drugs” that emerged from the 1990s biotech boom and bust.
“The banking bubble, the crisis in the banking system, that’s just bad, that’s like 2008. Those bubbles society wants to avoid,” he said.
“The ones that are industrial are not nearly as bad, they can even be good. Because when the dust settles and you see who are the winners — society benefits from those inventions,” he continued. “That’s what is going to happen here too. This is real. The benefits to society from AI are going to be gigantic.” […]
Grwat, so let’s replace him with AI. If we’re gonna use it to cut workers and save money, we might as well start with the ones stealing all the money.
Small number of jobs lost, HUGE amount of savings. It’s win:win
Sounds like the Narcissist’s Prayer to me.
Any market bubble is good when you have access to privileged information to know when to sell in time.
He’s not lying. When the AI bubble bursts, it will be for the benefit of all humanity.
Not really. The rich are just going to buy up as much stock as possible at low prices while the poor suffer even more.
Real
hours up in here.Ya boi had some face work done?
Holy cow. I saw the thumbnail and assumed it was one of those misattributed images, but no, that’s him alright. Yeah something is not right with that face.
Definitely but also grew stubble to widen his jaw relative to his ears
Yeah this pic def has him looking like less of a fucking goblin than usual.
He somehow looks more normal and yet also more sinister.
Have you seen his current wife? They must have their own private suite at the plastic surgeon. Mar-a-Lago faces.
That’s what I was thinking. She was like “aw c’mon y’big baby. Everyone does it. It makes you cool!”
He has a head buffer boy.
buffed as well?
Definitely chemically enhanced.
Good Bubble
A regular John Lewis of capitalism…
so says the salesmen of pick axes during a gold rush
Advancements have to be this way, because reasons.
“After all, just look at what AI did for me in this photo!”
His wife looks significantly less real than a Real Doll
Looks like he’s taking the same path based on that article photo.
🙄
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