{"id":4531,"date":"2025-08-15T17:56:02","date_gmt":"2025-08-15T17:56:02","guid":{"rendered":"https:\/\/musictechohio.online\/site\/sam-altman-admits-ai-bubble\/"},"modified":"2025-08-15T17:56:02","modified_gmt":"2025-08-15T17:56:02","slug":"sam-altman-admits-ai-bubble","status":"publish","type":"post","link":"https:\/\/musictechohio.online\/site\/sam-altman-admits-ai-bubble\/","title":{"rendered":"Sam Altman Says the Quiet Part Out Loud, Believes We\u2019re in an AI Bubble"},"content":{"rendered":"
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\"OpenAI<\/div>\n

OpenAI CEO Sam Altman just admitted to what the rest of the AI industry won’t: that the entire thing could be a big, fat bubble, ready to burst<\/a>.<\/span><\/p>\n

Though it’s a fiercely debated topic \u2014 with many experts saying the writing’s on the wall<\/a> \u2014 the OpenAI CEO was unwavering in his conviction.<\/span><\/p>\n

“When bubbles happen, smart people get overexcited about a kernel of truth,” Altman told a small group of reporters on Thursday, <\/span>as quoted by <\/span>The Verge<\/span><\/i><\/a>. “Are we in a phase where investors as a whole are overexcited about AI? My opinion is yes.”<\/span><\/p>\n

It’s a striking admission to make for Altman, whose company is <\/span>eyeing an astronomical $500 billion valuation<\/a><\/span>. OpenAI has received tens of billions of dollars in investment from Microsoft, Softbank, and Nvidia. And as a flag-bearer of the industry with its mega-popular chatbot ChatGPT, it’s under immense pressure to demonstrate a profitable business model.<\/span><\/p>\n

Is Altman speaking out of turn, or is he trying to get ahead of what feels like an inevitable decline for the industry?<\/span><\/p>\n

To support his claims, Altman drew on a recent example: the dot-com bubble in the 90s.<\/span><\/p>\n

“If you look at most of the bubbles in history, like the tech bubble, there was a real thing,” Altman elaborated, per The<\/em> <\/span>Verge<\/span><\/i>. “Tech was really important. The internet was a really big deal. People got overexcited.”<\/span><\/p>\n

The dot-com bubble in many ways parallels<\/a> the fervor surrounding AI. During this period, companies rushed to build telecom infrastructure while investors poured loads of money into internet-based businesses \u2014 only for it to pop when it became apparent that these companies couldn’t generate profit.<\/span><\/p>\n

Today, you could swap telecom infrastructure with “data centers” and internet companies with “AI startups” and argue much the same thing.<\/span><\/p>\n

Some of Altman’s other comments suggest that the reason he’s comfortable with acknowledging a bubble on the horizon is that he believes OpenAI will survive it \u2014 if not come out stronger. Amazon, for example, weathered the dot-com implosion and became one of the biggest companies in the world.<\/span><\/p>\n

For one, Altman boasted that “Pretty soon, billions of people a day will be talking to ChatGPT.”<\/span>\u00a0The chatbot has over <\/span>700 million users per week<\/span><\/a>, which is four times as many as a year ago. <\/span><\/p>\n

“We’re the fifth biggest website in the world right now,” he added. “I think we’re on the clear path to the third.”<\/span><\/p>\n

Most telling of all is his forecast for OpenAI’s plans. <\/span><\/p>\n

“You should expect OpenAI to spend trillions of dollars on data center construction in the not very distant future,” Altman told reporters \u2014 which is not the talk of a company bracing for severe economic hardships.<\/span><\/p>\n

He also blew off the valid concerns this might raise regarding the sustainability of such spending. <\/span><\/p>\n

“And you should expect a bunch of economists to wring their hands and be like, ‘Oh, this is so crazy, it’s so reckless,'” Altman said, as quoted by Wired<\/em><\/a>. “And we’ll just be like, ‘You know what? Let us do our thing.'”<\/span><\/p>\n

Altman acknowledged that “someone” will lose a “phenomenal amount of money,” but “we don’t know who,” he said.<\/p>\n

But not OpenAI, of course.<\/p>\n

“My personal belief, although I may turn out to be wrong, is that on the whole, this will be a huge net win for the economy,” Altman predicted.<\/span><\/p>\n

More on AI: <\/strong>Beneath the AI Bubble, the Economy Looks Bleak<\/a><\/em><\/p>\n

The post Sam Altman Says the Quiet Part Out Loud, Believes We\u2019re in an AI Bubble<\/a> appeared first on Futurism<\/a>.<\/p>\n<\/div>\n

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OpenAI CEO Sam Altman just admitted to what the rest of the AI industry won’t: that the entire thing could be a big, fat bubble, ready to burst. Though it’s…<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2834,182,177,183,179],"tags":[],"class_list":["post-4531","post","type-post","status-publish","format-standard","hentry","category-ai-bubble","category-ai-chatbots","category-artificial-intelligence","category-generative-ai","category-openai"],"_links":{"self":[{"href":"https:\/\/musictechohio.online\/site\/wp-json\/wp\/v2\/posts\/4531","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/musictechohio.online\/site\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/musictechohio.online\/site\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/musictechohio.online\/site\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/musictechohio.online\/site\/wp-json\/wp\/v2\/comments?post=4531"}],"version-history":[{"count":0,"href":"https:\/\/musictechohio.online\/site\/wp-json\/wp\/v2\/posts\/4531\/revisions"}],"wp:attachment":[{"href":"https:\/\/musictechohio.online\/site\/wp-json\/wp\/v2\/media?parent=4531"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/musictechohio.online\/site\/wp-json\/wp\/v2\/categories?post=4531"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/musictechohio.online\/site\/wp-json\/wp\/v2\/tags?post=4531"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}