In a distant interview, Altman compared the market reaction with AI with a dot bubble in the 90s, when the value of online startups increased before the failure in 2000. “When the bubbles occurred, intelligent people will pass over the truth of the truth,” said Altman. “If you look at most bubbles in history, like a technological bubble, there was a real thing. The technology was really important. The internet was really great.
He added that he thought it was “crazy”, that some AI startups with “three people and an idea” receive funds for such high valuations. “This is not a rational behavior,” said Altman. “I think someone has burned there.” Over the past year, we’ve seen several AI startups, including Safe overintensionrun by the co -founder of Opeli, Ilya SUTSKEVER, and thinking machinesfounded by the former technology director of the former-Openai Mura Murati, Collect billions of dollars.
“Someone will lose a phenomenal amount. We don’t know who, and many people earn a phenomenal amount,” said Altman. “My personal belief, although I may be wrong, is that it would generally be a huge net win for the economy.”
Even if we can be in the AI bubble, it seems that Altman expects Opeli to survive the explosion. “You should expect Opeli to spend billions of dollars on the construction of a data center in a not very distant future,” said Altman. “You should expect a group of economists to shoot their hands.”
Additional reports of Alex Heath.