Jeff Bezos joined Sam Altman in admitting the existence of an AI bubble—but Amazon’s founder sees upside.

Recently, many AI-related companies have seen voracious optimism and spikes in valuations . In August, the OpenAI CEO told reporters the AI market was in a bubble. When bubbles happen, “smart people get overexcited about a kernel of truth,” Altman warned, drawing parallels with the dot-com boom. Still, he said his personal belief is “on the whole, this would be a huge net win for the economy.”

Now Bezos too is saying an AI bubble exists, and has an even more positive outlook.

The similarity between this bubble and the dot-com bubble in the late 1990s worries investors and comes with high financial risks. But Bezos said the difference in nature of the current AI bubble shou

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