Sam Altman Openai says the AI market is in the bubble

Openai CEO Sam Altman believes the artificial intelligence market is in the bubble, reports report from Verge, published on Friday.

“When bubbles happen, reasonable people exceed the core of truth,” Altman said in a small group of journalists last week.

“We are in the phase when investors are generally exceeded about II? My opinion.

Altman appears to compare this dynamics with the infamous Dot-Com-Com-Com Bubble, a stock market oriented online companies, which led to mass enthusiasm for investors in the late 1990s. Between March 2000 and October 2002, NASDAQ lost almost 80% of its value after many of these companies have not received profit and profit.

His comments are raising concern about experts and analysts that investments in II are moving too fast. Co -founder Alibaba Joe Cay, Bridgewater Associates’ Ray Dalio and Chief Economist Global Management Torsten Slok brought similar warnings.

Last month Slot said in report What he believed that AI Bubble today was, really, greater than in the Internet, and the top 10 companies in the S&P 500 are more overwhelming than in the 1990s.

In an e -mail letter CNBC on Monday, Ray van, CEO of Constlaration Research, based in Silicon Valley, said CNBC that he believes that altman’s comments carry some authenticity, but risks dependent on the company.

“In terms of wider investment in II and semiconductors … I do not see it as bubbles. The basics across the supply chain remain strong, and the long-term trajectory of AI tendencies,” he said.

However, he added that the number of speculative pursuit companies with weak basics and only perceived potential that can create reassessment pockets increases.

A lot of fears of the AI bubble hit the fever earlier this year when the Chinese startup Deep-Seepeek released a competitive reflection model. The company claimed that one version of its advanced linguistic models passed for $ 6 million, and the share of billions, which were conducted by US market leaders, such as Openai, although these claims were also made by some skepticism.

Earlier this month Altman said CNBC that the annual repetitive revenue of Openai is going on the way to transfer $ 20 billion this year, but despite this, it remains unprofitable.

Issue of the last Openai GPT-5 The AI model earlier this month was also rocky with some critics complains that he had less intuitive feeling. This has led to the fact that the company resumed access to outdated GPT-4 models for paid customers.

After the release of the model Altman also signaled more caution regarding some Bychny AI industry forecasts.

Speaking before CNBC, he said he believes that the term of artificial general intelligence, or “agi” loses relevance. Asked if the GPT-5 model is closer to reaching AGI.

AGA refers to the concept of form of artificial intelligence, which can perform any intellectual task that a person can, which Openai has been working for years, and that Altman has previously said that he could be achieved in a “reasonable near future.“

No matter this year, the belief in Openai from investors remained strong. CNBC confirmed on Friday The fact that the company was preparing to sell about $ 6 billion in the stock as part of the secondary sale, which estimates it about $ 500 billion.

In March he announced Funding for $ 40 billion To date, the highest amount, which was collected by a private technology company, to date.

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

Altman also said he expects Openai to spend trillion dollars on the construction of the data center in “not a very distant future”, and said companies would be interested in buying Chrome if the US government will force the US government to force the US government to force the US government Google sell it.

Asked if he will be the CEO of Openai for several years, he is quoted: “I mean, perhaps in three years. It is a long time.”