OpenAI CEO warns about the bubble around AI: comparison with dot-coms.

OpenAI's CEO and one of its founders, Sam Altman, believes that the current hype around artificial intelligence shows signs of a financial bubble. In an interview with The Verge, he compared this situation to the dot-com boom of the 1990s, when the value of internet startups surged sharply and then plummeted.

'When bubbles arise, smart people get overly excited about a grain of truth,” Altman said. - “The technologies were really important. The internet was really a big deal. People got overly excited.'

He also noted that valuations of startups with just a few employees and only an idea are irrational: 'This is dangerous behavior; someone could get seriously hurt.'

Despite the risks, Altman is confident that the development of artificial intelligence will be beneficial for the economy, and while some may pay a financial price, many will also gain immense profits. He believes OpenAI will be resilient to a potential collapse, even planning to invest trillions of dollars in building data centers in the near future.

A local AI infrastructure will be established in Ukraine

It should be noted that earlier reports indicated Meta's investment in creating 'superintelligence.'