OpenAI’s Sam Altman says AI market is in a bubble

Openai CEO Sam Altman thinks that the artificial intelligence market is a balloon, report From Verge, which was released on Friday.

Altman told a small journalist last week, “When there are blisters, smart people are extremely excited about a real core.” He said.

“Are we at a stage when investors are extremely excited about artificial intelligence as a whole? My opinion is yes. AI is the most important thing that will happen for a long time? My opinion is yes,” he said.

Altman compared this dynamics with the infamous Dot-Com Bubble, a stock market accident that focuses on internet-based companies that led to the enthusiasm of the great investor in the late 1990s. Between March 2000 and October 2002, many of these companies lost about 80% of their value after they could not make income or profit.

His comments contribute to increasing concern among experts and analysts that investment in AI is very fast. Alibaba co -founder Joe Tsai, Bridgewater Associates’ Ray Dalio and Apollo Global Management Chief Economist Torsten Slok also created similar warnings.

Last month, a slok report He believed that today’s AI balloon was actually larger than the internet balloon, the top 10 companies in the S&P 500 are more valuable than the 1990s.

In an e-mail sent to CNBC on Monday, Ray Wang, CEO of the Silicon Valley-based constellation research, said that Altman’s comments are a little valid, but the risks are connected to the company, he said.

“In terms of artificial intelligence and wider investment in semiconductors … I do not see this as a balloon. The foundations on the supply chain remain strong and the long -term trajectory of the AI trend supports the constant investment.” He said.

However, he added that it is a company that has more weaker foundations and has an increasing speculative capital chasing company that has perceived potential, which can form over -valuation pockets.

Many fears of an AI balloon hit the fire site at the beginning of this year, when the Chinese Start-Up Deepseek published a competitive reasoning model. The company claimed that a version of the developed large language models were trained below $ 6 million, although these allegations have been met with some skepticism, some of the billions spent by AI market leaders.

At the beginning of this month, Altman told CNBC that Openai’s annual repetition income would be $ 20 billion this year, but he said that he remained unprofitable.

Openai’s latest GPT-5 AI model was released at the beginning of this month, Rocky, and some critics complained that it was less intuitive feeling. This caused the company to restore access to old GPT-4 models for payment customers.

Following the launch of the model, Altman paid more attention to the higher rise forecasts of the AI industry.

Talking to CNBC, he said he thought the term artificial general intelligence or the term “AGI” has lost their relevance.– When asked whether the GPT-5 model is closer to reaching the world AGI.

AGI states a concept of artificial intelligence that can fulfill any intellectual task that a person can do-that Occupine has worked for years and that Altman said earlier can be “reasonable in the near future”.“

Regardless of the belief in Openai, one of the investors, remained strong this year. On Friday, CNBC confirmed that the company was preparing to sell approximately $ 6 billion stock as part of a secondary sale that would value $ 500 billion.

In March, he announced a funding tour of $ 40 billion in a valuation of $ 300 billion by a private technology company.

In the Verge article on Friday, Openai CEO also discussed the expansion of Openai’s consumer equipment, brain-computer interfaces and social media.

Altman also said that Openai expects trillions of dollars to spend in the data center accumulation in the “too far away” and that the company is interested in buying Chrome if the US government is going to force. Google to sell.

When asked if Openai will be the CEO of Openai in a few years, “So, perhaps a AI in three years. This for a long time.”