AI Hype: Is It a Bubble or a Boom?

The AI world is buzzing with excitement. Many AI companies are seeing their value shoot up quickly. Some people think this is a bubble, like the dot-com boom in the late 1990s. But others believe the benefits will be huge. Jeff Bezos, the founder of Amazon, thinks there is an AI bubble. But he also believes the benefits will be "gigantic. " He said this bubble is different from others. It's more like the biotech bubble in the 1990s. That bubble led to life-saving drugs, even though many companies failed. Bezos said industrial bubbles can be good. They fund many ideas, both good and bad. But when the dust settles, society benefits from the winners. He believes AI will change every industry, bubble or not. Mark Zuckerberg, the CEO of Meta, agrees. He said an AI bubble is possible. But he would rather invest too much than miss out on superintelligence. The question is: Is AI in a bubble? And does it matter? Bezos says yes to both. He believes AI is real and will change everything.