The AI industry is ramping up in size and offerings, and with each passing day, CEOs and business leaders are giving their opinions on what the new technology could mean for the economy and world at large.
While an overwhelming majority is bullish on the benefits of innovating with this technology, some have pointed out that AI could disrupt businesses, tighten the prospects for job seekers, lead to poor investment decisions, and potentially create a bubble.
Jeff Bezos
Speaking at the Italian Tech Week 2025, Bezos has called AI an ‘industrial bubble’, saying there is a market boom and a strong trend of funding prospective companies that are in the AI sector. He also said that as the pattern continues, investors could have a hard time distinguishing between good and bad AI projects.
Amazon is ramping up its financial commitment to the AI sector, as per multiple announcements of planned investments, such as a $20 billion investment in Pennsylvania, a $13 billion investment in Australia, and a Q2 report that suggested a stronger focus on Artificial Intelligence.
Cathie Wood
The founder of investment fund ARK Invest, Cathie Wood, was extremely bullish on the possibilities of AI in an exclusive interview with CNBC at the FII Summit in Saudi Arabia.
“I know a lot of people are worried about all AI hype, but as we’re looking to the future, especially within embodied AI, which is all about robo-taxis and transforming the world of transportation completely and healthcare which is probably one of the most profound applications of AI. We think that this investment will pay off and I think the chaser is going to be humanoid robots and I think that is going to be the biggest of all robotic AI opportunities,”
For purposes of investment, ARK Invest has actively managed equity funds in autonomous tech and robotics, alongside funds focused on cryptocurrency, venture funds, and fintech.
Bill Gates
Bill Gates has also given his opinion on whether there is an AI bubble in global markets in an exclusive interview with CNBC.
“We need to define bubble….if you mean its like internet bubble where in the end something very profound happens, the world was very different…some companies succeeded but a lot of the companies were…left behind, burning capital….there’s a ton of these investments that will be dead ends,”
He also said AI is the most technical thing in his lifetime and that it is “so profound” and its influence would be hard to overstate.
When it comes to AI products, Microsoft has developed a feature called Co-Pilot, a generative artificial intelligence search engine that pulls information from the internet based on user intent and aggregates it into a legible, conversational answer. The technology company has integrated it into Microsoft 365 but faced backlash in Australia over lack of clarity on pricing.
Jensen Huang
NVIDIA is heavily involved in artificial intelligence with a focus on chips and infrastructure, and CEO Jensen Huang has repeatedly voiced his positive outlook for the sector.
Compared to instances where Bill Gates and Jeff Bezos have agreed with the idea that AI could be or is a bubble, but gave a positive spin, Jensen Huang has flat-out denied the possibility of an AI bubble.
“I don’t believe we’re in an AI bubble, and the reason for that is we’re going through a natural transition from an old computing model based on general-purpose computing to accelerated computing. We also know that AI has become good enough because of reasoning, capability research, its ability to think, its now generating tokens and now generating intelligence that’s worth paying for,” said Huang in an exclusive interview with Bloomberg.
Jamie Dimon
While JP Morgan CEO Jamie Dimon was initially skeptical about cryptocurrency and shifted his stance later on, he has been identified as being bullish on AI from the beginning. His comments in multiple interviews circle around the inevitable possibility that artificial intelligence will create major but good disruptions.
In an exclusive interview with Fortune, Dimon said “It (AI) will eliminate jobs, I think people should stop sticking their head in the sand….we, society, government, and businesses, should figure outhow we can save jobs, save people, retrain, income-assist.”
He also said J.P. Morgan invests $2 billion annually in AI, and that the company has been seeing the same quantifiable benefits when measured against costs.