“Someone will lose a phenomenal amount of money,” says CEO while fundraising at record prices.

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OpenAI CEO Sam Altman warns that investors are overexcited about AI, predicting someone will lose a "phenomenal amount of money" in what he compares to the dot-com bubble. This comes as OpenAI seeks a $500 billion valuation, up from $300 billion months earlier. Meanwhile, new MIT research shows 95% of enterprise AI pilots fail to deliver rapid revenue acceleration, though purchased AI tools succeed 67% of the time compared to internally built systems. The failures are attributed to implementation problems and learning gaps rather than AI model quality itself.

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

Somehow, there is a selected lists of people that never looses money nor jobs, no matter if they fail or they win and strangely they higher level of CEOs the ones that should take the most responsibility… Yet always ends with tens of thousands loosing their money or their jobs. No matter if IA succeeds on its promises or not.

he is becoming self-aware… who’s next Zuck Markerberg? Cause he’s losing a lot from that dream team he was building.

He and many like him have such a punchable face…