Jeff Bezos appeared live on CNBC's Squawk Box on Wednesday, May 20, sitting down with anchor Andrew Ross Sorkin at the Blue Origin Rocket Factory in Merritt Island, Florida.

Over the course of the interview, the Amazon founder and executive chairman addressed artificial intelligence, job losses, his new AI startup Project Prometheus, federal taxes, President Trump, the Washington Post, and his plans for his $269 billion fortune.

Here is every major thing he said.

/1. He Said the AI Bubble Is Nothing to Fear

Bezos dismissed concerns about an AI investment crash, telling Sorkin directly: "Even if it does turn out to be a bubble, you shouldn't worry about it because the bubble is driving investment and a lot of the investment is going to turn out to be very healthy." He compared the current moment to the 1990s biotech bubble, saying that investors lost money when it burst but the world still kept all the life-saving drugs invented during the frenzy. Amazon, Microsoft, and Google are collectively on track to spend more than $700 billion on AI infrastructure this year, according to CNBC.

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