Sam Altman believes the AI market is experiencing an overexcited phase similar to the dot-com bubble. He noted that smart investors often become overly optimistic about emerging technologies. Altman criticized high valuations for AI startups with minimal resources, predicting irrational financial behavior. Despite the potential bubble, he anticipates OpenAI's strong future, including significant investment in data center construction. He expressed that the overall economic impact of AI might be positive, despite the risks of financial losses for some investors.
"Are we in a phase where investors as a whole are overexcited about AI? My opinion is yes," Altman said during a lengthy interview.
"When bubbles happen, smart people get overexcited about a kernel of truth," Altman said. "Tech was really important. The internet was a really big deal. People got overexcited."
"That's not rational behavior," Altman said. "Someone's gonna get burned there, I think." Over the past year, several AI startups have raised billions.
"Someone is going to lose a phenomenal amount of money. We don't know who, and a lot of people are going to make a phenomenal amount of money," Altman said.
Collection
[
|
...
]