OpenAI Chairman: The AI Bubble Is Not Without Benefits

Golden Finance reported that OpenAI Chairman Brett Taylor does not naively ignore the significant impact that a tech bubble might bring, but he stated that such a scenario is not without its benefits. Taylor said: "AI will transform the economy, and that is true. I believe it will create tremendous economic value in the future, much like the internet did. That is true. At the same time, I think we are also in a bubble, and many people will lose a lot of money. Both of these things can be true at the same time, and history provides many precedents showing that these two situations can coexist." OpenAI founder Sam Altman expressed a similar view last month, warning that during the hype cycle of AI, there will be both massive winners and massive losers.