Jeff Bezos Declares AI an "Industrial Bubble" with Massive Societal Benefits Coming

Amazon founder Jeff Bezos addressed the status of artificial intelligence during his appearance at the Italian Tech Week 2025 in Turin, Italy.

As artificial intelligence continues its unprecedented global expansion, Bezos has characterized the current AI surge as an "industrial bubble," while emphasizing that the technology itself is genuine and will ultimately deliver substantial benefits to society. He underscored that AI represents a "once-in-a-generation technological shift" that will "change every industry."

"This is kind of an industrial bubble as opposed to financial bubbles," Bezos stated during his presentation in Turin.

He proceeded to clarify the distinction between industrial and financial bubbles: "The banking bubble, the crisis in the banking system, that's just bad, that's like 2008. Those bubbles society wants to avoid. 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."

Bezos concluded with confidence: "That's what is going to happen here too. This is real. The benefits to society from AI are going to be gigantic."

A bubble typically refers to a market phase where speculative purchasing inflates asset values, such as company stocks, far beyond their intrinsic worth. This unsustainable growth inevitably concludes with the bubble bursting, similar to the dot-com crash in 2000 when inflated internet company valuations collapsed dramatically.

While Bezos maintains an optimistic perspective on AI technology, others have expressed serious concerns. Anthropic CEO Dario Amodei has cautioned that AI could eliminate up to 50 percent of entry-level white-collar positions within the next five years.

Amodei suggested that governments worldwide are minimizing the threat when increasing AI adoption could trigger a significant increase in unemployment figures.

"We, as the producers of this technology, have a duty and an obligation to be honest about what is coming. I don't think this is on people's radar," Amodei remarked.

"Most of them are unaware that this is about to happen. It sounds crazy, and people just don't believe it," he added.

Similarly, Mo Gawdat, who departed Google as its chief business officer in 2018, warned that 'hell' could begin as early as 2027 as AI eliminates white-collar jobs across the board, sparing no one—including software developers, CEOs, and content creators.