John Coogan

Well, being able to raise that much capital to buy businesses with that little dilution is a pretty remarkable feat that pretty much only Jeff Bezos could pull off.

Yeah.

So the Wall Street Journal has some more details and mostly it just gives you, takes you a little bit more inside the mind of Jeff Bezos and where he's thinking, like how he's thinking about the shape of the AI impact.

The headline is very clear.

Bezos bats down AI job loss fears while launching new venture.

New startup Prometheus seeks to build an artificial general engineer.

A-G-E is the new buzzword.

You thought we were running out of them.

We got AI, A-G-I, A-S-I, R-S-I, A-I-F-D-E, personal super intelligence, meta super intelligence, TBD, continual learning.

Standard intelligence.

Yep.

Irregular intelligence.

Non-standard, ineffable intelligence.

The irregular super intelligence company.

Of the dog patch.

The dog patch.

Something like that.

But artificial general engineer is the new phrase, the new term.

And he wants it to be able to design and manufacture complex physical products.

So Jeff Bezos expects artificial intelligence to create a labor shortage in the economy.