People should be more excited and less dispirited about artificial intelligence, according to billionaire Amazon founder Jeff Bezos.

“I don’t see how anybody can be discouraged who is alive,” said Bezos, 61, during a panel at Italian Tech Week 2025 on October 3. ”[AI will make every business’] quality go up and their productivity go up ... Every manufacturing company, every hotel, every consumer products company ... That’s hard to fathom, but it’s real.”

Bezos said he didn’t have a timeline prediction, because different industries will likely embrace AI at different rates. Currently, AI is in an “industrial bubble,” with inflated stock prices and investors who struggle to distinguish between “the good ideas and the bad ideas,” he said. Eventually, the “winners” who successfully use the technology to advance research and development — in any industry — will provide “gigantic” benefits to society, he added.

“There’s never been a better time to be excited about the future,” said Bezos.

DON’T MISS: How to use AI to be more productive and successful at work