The chairman of “Amazon” Board Jeff Bezos said that spending on artificial intelligence is similar to “industrial bubble” that can lead to investment losses, but it will ultimately benefit society. “If people are very excited because it happens today with artificial intelligence, every experience and every business, whether good or bad,” he said, pointing out that some companies get billions of dollars before offering a product. He continued, “Investors are experiencing problems with this wave of enthusiasm to distinguish between glory and unfair ideas.” However, during his participation in the “Italian Technology Week”, great financing flow over artificial intelligence, but Bizos emphasized that artificial intelligence will cause a shift in all sectors and increase the productivity of “all businesses in the world”. The current situation was compared to an ‘industrial bubble’, similar to the biotechnology bubble in the 1990s, when companies went bankrupt and some investors lost their money, ‘but we have developed some medicines that save lives.’ He also compared it to the Internet bouquet 25 years ago, which was a turbulent investment period, but the world benefits today. (Neocloud, which offers important technology companies, offers additional computer capabilities and specialized chips to operate artificial intelligence applications, get investments before they actually start constructing their infrastructure. Black Rock is negotiating to buy ‘aligned data centers’ in an agreement that can reach the Gic that “a bubble paid by noise” is in formation, especially in the daring capital investments in the early stages of this sector.
Bezos: The surge of spending on artificial intelligence “bubble” will pay its fruit
