OpenAI CEO Sam Altman has publicly confirmed what many have speculated: yes, artificial intelligence is in a bubble. In a revealing interview, he likened current investor behaviors to the dot-com boom of the 1990s and cautioned about the risks ahead.
Bubbles Happen When “Smart People Get Overexcited”
Altman explained that while AI is groundbreaking, the same dynamic—getting swept up in excitement over a kernel of truth—is replaying now. He criticized the frenzy where early-stage startups with minimal resources secure sky-high valuations, warning, “Someone’s gonna get burned there.”
Find Opportunity Amid Speculation
Despite his caution, Altman remained optimistic. He believes that overall economic outcomes from continued AI investment will be positive, especially as infrastructure spending ramps up to trillions of dollars on data centers.
Strategic Vision: Riding the Bubble, Building the Future
While acknowledging the inflated valuations, Altman reaffirmed OpenAI’s resilience and long-term bet on innovation. His message: even in speculative bubbles, investing wisely in infrastructure and proven capability can yield long-term wins—even if many startups don’t survive the burst.
