OpenAI board chair Bret Taylor says we’re in an AI bubble (but that’s okay)

In Brief

Bret Taylor, committee seat astatine OpenAI and CEO of AI cause startup Sierra, was asked successful a caller interrogation with The Verge whether helium agreed with OpenAI CEO Sam Altman’s declaration that “someone is going to suffer a phenomenal magnitude of wealth successful AI.”

Taylor echoed Altman’s sentiments, suggesting that we are so successful an AI bubble — but similar Altman, helium didn’t dependable excessively disquieted astir it.

“I deliberation it is some existent that AI volition alteration the economy, and I deliberation it will, similar the internet, make immense amounts of economical worth successful the future,” Taylor said. “I deliberation we’re besides successful a bubble, and a batch of radical volition suffer a batch of money. I deliberation some are perfectly existent astatine the aforesaid time, and there’s a batch of humanities precedent for some of those things being existent astatine the aforesaid time.”

Specifically, Taylor compared today’s AI scenery to the dot-com bubble of the precocious ‘90s. While galore companies failed erstwhile the bubble burst, helium argued that “all the radical successful 1999 were benignant of right.”

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