 |
Sam Altman at an event held in 2023. Photo: X/@sama . |
As economists debate the possibility of the stock market being in an AI bubble, which could soon burst like the "dot-com bubble," OpenAI CEO Sam Altman has just acknowledged this risk.
"Are we in a phase where investors are overly excited about AI? My opinion is yes," Altman said in a lengthy interview with The Verge and other reporters on the evening of August 14.
In an in-depth discussion, Altman compared the market's reaction to AI to the dot-com bubble of the 1990s, when the value of internet startups skyrocketed before collapsing in 2000.
"When a bubble forms, smart people get overly excited about a real core," Altman said. He argued that looking back at the history of failed investment waves, there was always a core element, such as technology or the internet. It was all genuinely important, a groundbreaking advancement; it's just that investors got overly excited.
He argued that it was "crazy" for some AI startups with just "three people and an idea" to receive such high valuations for investment. "That's not reasonable behavior. I think someone will suffer," Altman warned.
Over the past year, the tech world has seen several AI startups, including Safe Superintelligence, led by OpenAI co-founder Ilya Sutskever, and Thinking Machines, founded by former OpenAI CTO Mira Murati, raise billions of dollars.
"Some people will lose a huge amount of money and many others will make enormous profits. We don't know who they are. My personal belief, though it may be wrong, is that overall this will be a major benefit to the economy," Altman added.
The CEO of Open AI expects to weather the potential bubble bursting ahead and looks to the not-too-distant future, when the company behind ChatGPT will spend trillions of dollars building data centers.
Source: https://znews.vn/cha-de-chatgpt-vi-ai-nhu-bong-bong-dot-com-post1577335.html
Comment (0)