Hasty Briefsbeta

Is the AI bubble about to pop? Sam Altman is prepared either way

2 days ago
  • #market bubble
  • #AI investment
  • #enterprise AI
  • OpenAI CEO Sam Altman warns that investors are overexcited about AI models, predicting significant financial losses.
  • Altman compares the current AI market hype to the dot-com crash of the 1990s.
  • OpenAI is negotiating a secondary share sale at a $500 billion valuation, up from $300 billion.
  • Altman predicts OpenAI will spend trillions on data centers and ChatGPT will serve billions daily.
  • MIT research shows 95% of enterprise AI pilots fail to deliver rapid revenue acceleration.
  • The study attributes failures to implementation issues, not model quality, highlighting a 'learning gap'.
  • Purchased AI tools succeed 67% of the time, while internally built systems succeed only 22%.