Jeff Bezos sends a sharp message to the artificial intelligence bubble

The veterans of Wall Street remember the Dot-Com bubble as it was yesterday.

Good times seemed to never end because the markets have witnessed the longest period of economic expansion in the history of the United States between the end of World War II and 2000.

“From October 1998 onwards, the markets chanted with the endless subscriptions of Dot-Com companies without paying attention to their business models.” He says about the age. “It was an amplifying financial bubble.”

There were dangerous signs.

In 1990, the value of the shares traded on the Nasdaq Stock Exchange was 11 % of the value of the shares traded on the New York Stock Exchange. By December 1999, that percentage increased to 80 %.

The Nasdaq Stock Exchange increased by 86 % in 1999 alone, as it peaked on March 10, 2000.

This is when the bubble exploded.

“With the low value of technical stocks, startups online that have been suffering from an amount of value for months and collapsed,” according to GS.

By October 4, 2002, Nasdak decreased by 77 % of its peak.

So when Jeff Bezos, one of the richest people in the world, mentions the word “B”, the markets tend to listen.

Amazon Jeff Bezos founder has been intended extensively in artificial intelligence.

Earlier this year, the BEZOS’s Family, Bezos ExpeedeS Office invested $ 72 million in the Amsterdam Intelligence Intelligence Company.

Last year, Pesus was one of the prominent investors in a $ 400 million financing round for financial intelligence, a robot startup also belongs to Openai as an investor.

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Despite his relationships with industry, bezos is not blind to fleeing assessments that have become common.

“When people are very excited, as they are today about artificial intelligence, for example … every experiment is funded, every company is funded, good ideas and bad ideas,” said Bizos on Friday at the Italian Technology Week in Turin, Italy.

“Investors face a difficult time in the middle of this excitement to distinguish between good ideas and bad ideas.”

Despite the lukewarm appreciation of the current situation of the market, Bezos is still upward in the artificial intelligence sector.

Related: Openai faces another lawsuit

Bezos sees what is happening now as a more similar “industrial bubble” with the biotechnology bubble in the 1990s. While many investors lost a lot of money for that bubble, “we got two life -saving drugs,” he said.

Therefore, even if many artificial intelligence companies that have billion dollars on the side of the road fall, in the mind of Bezos, technological progress will deserve all this trouble, even if some investors are eliminated through the bubble explosion.

For those who pay attention, Bizos’s comments on Friday are not a surprise.

The artificial intelligence industry is a very joke, thanks to hundreds of billions of dollars in investments, and there is a little opportunity for industry’s return to invest any time soon.

“The numbers are not only logical,” according to the industry observer industry Derek Thompson.

“Technology companies are expected to spend about $ 400 billion this year on the infrastructure to train and operate artificial intelligence models. In the nominal dollar amounts, that is, more than any group of companies that have ever spent almost anything,” He said.

“The APollo program allocated about 300 billion dollars from the modified dollars that have been modified to inflation to get America to the moon between the early sixties and the early seventies. Building artificial intelligence requires companies financing the new APOLLO program collectively, not every 10 years, however Every 10 months.“

It is expected that total artificial intelligence expenditures will exceed $ 500 billion in 2026 and 2027.

Related: Openai’s attempt to evacuate Openai is treated for another blow

This story was originally reported Thestreet On October 4, 2025, when it first appeared in Technology business news to divide. Add thestreet as The favorite source of clicking here.