Close Menu
Fin Street NewsFin Street News
  • Home
  • Business
  • Finance
    • Banking
    • Stocks
    • Commodities & Futures
    • ETFs & Mutual Funds
    • Funds
    • Currencies
    • Crypto
  • Markets
  • Investing
  • Personal Finance
    • Loans
    • Credit Cards
    • Dept Management
    • Retirement
    • Mortgages
    • Saving
    • Taxes
  • Fintech
  • More Articles

Subscribe to Updates

Get the latest finance and business news and updates directly to your inbox.

Trending
I’m a full-time interior designer with a side hustle selling eco-friendly household products. I make up to £2,000 a month from it.

I’m a full-time interior designer with a side hustle selling eco-friendly household products. I make up to £2,000 a month from it.

July 2, 2026
I quit my job at 53 and feel like I can breathe again. My advice to older job hunters: Know your value.

I quit my job at 53 and feel like I can breathe again. My advice to older job hunters: Know your value.

July 2, 2026
Do You Have to Report Inheritance on Your Taxes? Rules for Beneficiaries

Do You Have to Report Inheritance on Your Taxes? Rules for Beneficiaries

July 2, 2026
I tried 4 patriotic fast food promotions, and the best one captured the spirit of America’s 250th birthday

I tried 4 patriotic fast food promotions, and the best one captured the spirit of America’s 250th birthday

July 2, 2026
What Is the Credit for Other Dependents?

What Is the Credit for Other Dependents?

July 2, 2026
Facebook X (Twitter) Instagram
  • Privacy Policy
  • Terms of use
  • Press Release
  • Advertise
  • Contact
July 2, 2026 6:05 am EDT
|
Facebook X (Twitter) Instagram
  Market Data
Fin Street NewsFin Street News
Newsletter Login
  • Home
  • Business
  • Finance
    • Banking
    • Stocks
    • Commodities & Futures
    • ETFs & Mutual Funds
    • Funds
    • Currencies
    • Crypto
  • Markets
  • Investing
  • Personal Finance
    • Loans
    • Credit Cards
    • Dept Management
    • Retirement
    • Mortgages
    • Saving
    • Taxes
  • Fintech
  • More Articles
Fin Street NewsFin Street News
Home » Jeff Bezos says AI is like a knife that can be used for good or bad, and the solution isn’t ‘no more data centers’
Jeff Bezos says AI is like a knife that can be used for good or bad, and the solution isn’t ‘no more data centers’
Finance

Jeff Bezos says AI is like a knife that can be used for good or bad, and the solution isn’t ‘no more data centers’

News RoomBy News RoomJune 11, 20264 ViewsNo Comments

The way Jeff Bezos sees it, AI and the data centers that support the novel technology are like knives.

“You don’t want to accidentally outlaw the knife because it can be used in a bad way,” the Amazon cofounder said on CNBC on Thursday.

“Knives are important tools and yes, every once in a while they get misused by someone, but you don’t say the solution to that isn’t to say, ‘OK, no more data centers, right? No more knives.’ That’s not a smart approach to regulation.”

Bezos said that government regulation has a lot of “reasonable” purposes, pointing to federal regulatory agencies like the FAA and the FDA ensuring public safety when people board planes or take prescription drugs.

“There’s lots to be said for healthy government regulation to improve safety and products and so on,” he said. “And I don’t see why that won’t be applied at some point to the kinds of new tools that are being built by AI.”

The balance, Bezos said, is not going too far.

“You want to regulate the application level,” he added.

Bezos, in addition to advising Amazon on AI as executive chairman, is taking on his first CEO role since stepping down from his post as Amazon’s CEO in 2021. Bezos is serving as co-CEO of Prometheus, a physical AI startup that he launched with Vikram “Vik” Bajaj, who helped create Google’s life sciences company, Verily. Prometheus raised $12 billion in a Series B round.

“That is a big chunk of the funding we’ve raised,” he said. “And one of the reasons we’ve had to raise a significant amount of funding is because what we’re doing is very compute intensive.”

Addressing speculation about what Prometheus will do, Bezos said the startup is not building robots. Instead, the company wants to build AI models that change the future of engineering and manufacturing, ultimately achieving Bezos’ goal of creating an “artificial general engineer.”

“It’s really a set of tools that will give those engineers the ability to turn their dreams into reality much, much more quickly than is possible,” said Bajaj, who was interviewed alongside Bezos.

AI regulation is top of mind

The debate around AI regulation has heated up in the last year amid wider backlash against the technology. Meanwhile, AI companies are spending big on lobbying efforts as various states weigh potential regulations.

President Donald Trump recently signed an executive order that allows frontier AI model makers to voluntarily submit models for federal review up to 30 days before their public release.

On Wednesday, Trump said he expects leading AI companies to agree to “giving back” to the public, a reference that came after news outlet NOTUS reported that the White House is considering whether the US government should hold equity in AI firms.

Bezos did not directly address Trump’s order, nor did Anthropic CEO Dario Amodei, who on Wednesday suggested that “models above a threshold of compute” should undergo mandatory third-party testing by the government or private organizations. Amodei also wrote in an essay that the government should have the power to block the release of AI models if such testing showed they would “present unacceptable risks.”

Read the full article here

bad Bezos centers data good isnt Jeff Knife solution
Share. Facebook Twitter LinkedIn Telegram WhatsApp Email

Keep Reading

I’m a full-time interior designer with a side hustle selling eco-friendly household products. I make up to £2,000 a month from it.

I’m a full-time interior designer with a side hustle selling eco-friendly household products. I make up to £2,000 a month from it.

The father of the internet says its biggest lessons are about to become AI’s 3 biggest challenges

The father of the internet says its biggest lessons are about to become AI’s 3 biggest challenges

My 8 and 12-year-old kids often want to use my phone to play around on Snapchat. I’m trying to set boundaries.

My 8 and 12-year-old kids often want to use my phone to play around on Snapchat. I’m trying to set boundaries.

Washington DC airport will shut down for 15 hours for America250 celebrations

Washington DC airport will shut down for 15 hours for America250 celebrations

How Trump’s new Air Force One, a luxury jet from Qatar, compares to the outgoing presidential plane

How Trump’s new Air Force One, a luxury jet from Qatar, compares to the outgoing presidential plane

Retailers are calling on AI to stop customer return fraud

Retailers are calling on AI to stop customer return fraud

Alex Karp rips into AI labs: ‘These models have been completely, irresponsibly, oversold’

Alex Karp rips into AI labs: ‘These models have been completely, irresponsibly, oversold’

The engineer who became Anthropic’s political secret weapon

The engineer who became Anthropic’s political secret weapon

I work at Google, but my 8-year-old is mostly offline. I want her to learn to be intentional about AI use.

I work at Google, but my 8-year-old is mostly offline. I want her to learn to be intentional about AI use.

Add A Comment
Leave A Reply Cancel Reply

Editors Picks

I quit my job at 53 and feel like I can breathe again. My advice to older job hunters: Know your value.

I quit my job at 53 and feel like I can breathe again. My advice to older job hunters: Know your value.

July 2, 2026
Do You Have to Report Inheritance on Your Taxes? Rules for Beneficiaries

Do You Have to Report Inheritance on Your Taxes? Rules for Beneficiaries

July 2, 2026
I tried 4 patriotic fast food promotions, and the best one captured the spirit of America’s 250th birthday

I tried 4 patriotic fast food promotions, and the best one captured the spirit of America’s 250th birthday

July 2, 2026
What Is the Credit for Other Dependents?

What Is the Credit for Other Dependents?

July 2, 2026
Will Ferrell says the ‘best showbiz advice’ he ever received came from his dad

Will Ferrell says the ‘best showbiz advice’ he ever received came from his dad

July 2, 2026

Latest News

2026 Child and Dependent Care Tax Credit: What Will You Receive?

2026 Child and Dependent Care Tax Credit: What Will You Receive?

July 2, 2026
Disrupted Russian supply routes are forcing its troops to walk 18 miles to the front lines, Fedorov says

Disrupted Russian supply routes are forcing its troops to walk 18 miles to the front lines, Fedorov says

July 2, 2026
Tax Implications of Buy-to-Let Investments: Rules and Requirements

Tax Implications of Buy-to-Let Investments: Rules and Requirements

July 2, 2026

Subscribe to News

Get the latest finance and business news and updates directly to your inbox.

Advertisement
Demo
Facebook X (Twitter) Pinterest TikTok Instagram
2026 © Prices.com LLC. All Rights Reserved.
  • Privacy Policy
  • Terms
  • For Advertisers
  • Contact

Type above and press Enter to search. Press Esc to cancel.