OpenAI's Bret Taylor seems to have 'forgotten' the company whose Board he is heading, says: AI is…
OpenAI board chairman Bret Taylor has declared AI is "probably" a bubble, expecting market correction and consolidation in coming years. Speaking at Davos, Taylor—who also founded $10 billion AI startup Sierra—compared the current landscape to the 1999 dot-com bubble. Despite calling himself an AI optimist, he believes both "smart" and "dumb money" are flooding the sector, though he expects the free market to eventually determine real winners.
OpenAI board chairman Bret Taylor has declared AI is "probably" a bubble, expecting market correction and consolidation in coming years. Speaking at Davos, Taylor—who also founded $10 billion AI startup Sierra—compared the current landscape to the 1999 dot-com bubble. Despite calling himself an AI optimist, he believes both "smart" and "dumb money" are flooding the sector, though he expects the free market to eventually determine real winners.
