{"id":21318,"date":"2025-09-14T22:19:59","date_gmt":"2025-09-14T22:19:59","guid":{"rendered":"https:\/\/naijaglobalnews.org\/?p=21318"},"modified":"2025-09-14T22:19:59","modified_gmt":"2025-09-14T22:19:59","slug":"openai-board-chair-bret-taylor-says-were-in-an-ai-bubble-but-thats-okay","status":"publish","type":"post","link":"https:\/\/naijaglobalnews.org\/?p=21318","title":{"rendered":"OpenAI board chair Bret Taylor says we\u2019re in an AI bubble (but that\u2019s okay)"},"content":{"rendered":"<p>\n<\/p>\n<p id=\"speakable-summary\" class=\"wp-block-paragraph\">Bret Taylor, board chair at OpenAI and CEO of AI agent startup Sierra, was asked in a recent interview with The Verge whether he agreed with OpenAI CEO Sam Altman\u2019s declaration that \u201csomeone is going to lose a phenomenal amount of money in AI.\u201d<\/p>\n<p class=\"wp-block-paragraph\">Taylor echoed Altman\u2019s sentiments, suggesting that we are indeed in an AI bubble \u2014 but like Altman, he didn\u2019t sound too worried about it.<\/p>\n<p class=\"wp-block-paragraph\">\u201cI think it is both true that AI will transform the economy, and I think it will, like the internet, create huge amounts of economic value in the future,\u201d Taylor said. \u201cI think we\u2019re also in a bubble, and a lot of people will lose a lot of money. I think both are absolutely true at the same time, and there\u2019s a lot of historical precedent for both of those things being true at the same time.\u201d<\/p>\n<p class=\"wp-block-paragraph\">Specifically, Taylor compared today\u2019s AI landscape to the dot-com bubble of the late \u201890s. While many companies failed when the bubble burst, he argued that \u201call the people in 1999 were kind of right.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bret Taylor, board chair at OpenAI and CEO of AI agent startup Sierra, was asked in a recent interview with The Verge whether he agreed with OpenAI CEO Sam Altman\u2019s declaration that \u201csomeone is going to lose a phenomenal amount of money in AI.\u201d Taylor echoed Altman\u2019s sentiments, suggesting that we are indeed in an<\/p>\n","protected":false},"author":1,"featured_media":21319,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[52],"tags":[1286,11749,904,2431,1430,3611],"class_list":{"0":"post-21318","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-technology","8":"tag-board","9":"tag-bret","10":"tag-bubble","11":"tag-chair","12":"tag-openai","13":"tag-taylor"},"_links":{"self":[{"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=\/wp\/v2\/posts\/21318","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=21318"}],"version-history":[{"count":0,"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=\/wp\/v2\/posts\/21318\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=\/wp\/v2\/media\/21319"}],"wp:attachment":[{"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=21318"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=21318"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=21318"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}