$TAO
Amazon founder Jeff Bezos has likened the AI boom to the dot-com bubble of the late 1990s
He warned that speculators risk losing their shirts if this industrial bubble bursts, given that intense excitement is causing both sound and dreadful ideas to be funded without distinction
However, Bezos stressed that the technology itself will endure, even if corporate valuations collapse
$AMZN
He noted that genuine inventions do not vanish when a bubble pops, arguing that society will ultimately benefit from real breakthroughs that will transform every industry and boost productivity
He explained that such industrial bubbles, unlike purely financial ones, can actually prove beneficial in the long run as they channel investment into world-changing technologies—much like what happened with the internet and life-saving pharmaceuticals
$AAVE
#Aİ #Market_Update
Amazon founder Jeff Bezos has likened the AI boom to the dot-com bubble of the late 1990s
He warned that speculators risk losing their shirts if this industrial bubble bursts, given that intense excitement is causing both sound and dreadful ideas to be funded without distinction
However, Bezos stressed that the technology itself will endure, even if corporate valuations collapse
$AMZN
He noted that genuine inventions do not vanish when a bubble pops, arguing that society will ultimately benefit from real breakthroughs that will transform every industry and boost productivity
He explained that such industrial bubbles, unlike purely financial ones, can actually prove beneficial in the long run as they channel investment into world-changing technologies—much like what happened with the internet and life-saving pharmaceuticals
$AAVE
#Aİ #Market_Update