John Coogan

We've talked to multiple founders that have been trying to build new plane designs for decades and haven't really been able to scale them up, although they've made incredible progress.

gains and traction and demos, actually getting new planes on the runway safely approved has been far too long.

If AI speeds it up by 10%, that's like years.

It's crazy.

The Amazon and Blue Origin co-founder joins a group of long-time technology leaders that have jumped into the AI fray.

You got Uber co-founder Travis Kalanick, Coinbase co-founder Brian Armstrong, Robinhood co-founder Vlad Tenev, also Brian Chesky over at Airbnb.

These folks are all building new companies around the AI boom, among others.

Prometheus, which said it is valued at about $41 billion, has raised $12 billion from investors, including Bezos, JP Morgan, Chase, Goldman Sachs, and BlackRock.

Went straight to the big banks.

Like invest VCs are just like, yeah.

Yeah, totally.

Yeah, that is IPO numbers.

Yeah, that's a crazy amount of money.

Yeah, you got to go to the banks for this.

They've hired 150 people across San Francisco, London, and Zurich.

Interesting.

Despite Silicon Valley's enthusiasm for AI's promise, the broader population has become very wary, fearing widespread job losses.

Some of the pessimism about AI among young people is the opposite of reality, Bezos said.

And we've been seeing this in the jobs numbers, like the job

The economy is running hot, inflation is high, but also unemployment is very low, lower than expected.