Sam Altman characterized the current AI landscape as a bubble driven by over-excitement, despite the technology's substantial importance. He compared the situation to historical bubbles where genuine advancements were overshadowed by hype. Altman believes AI represents a major innovation, comparable to significant tech milestones in the past. He pointed out potential challenges, including a GPU shortage and datacenter limitations, that could lead to the bubble's collapse, but suggests that AI will endure beyond the current wave of startups.
"If you look at most of the bubbles in history, like the tech bubble, there was a real thing. Tech was really important. The internet was a really big deal. People got overexcited."
"Are we in a phase where investors as a whole are overexcited about AI? My opinion is yes. Is AI the most important thing to happen in a very long time? My opinion is also yes."
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