By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
TechziTechziTechzi
  • Home
  • Community
    • Our Review
    • Join Our Slack community
    • Referral: Richieee
    • Referral: 6 for 6
  • Publications
    • Special Report: SE Asian Startup Funding
    • Top 30 Most Funded Southeast Asia Startups
  • Agencies
  • About
    • About us
    • Contact
Search
© 2023 Techzi . All Rights Reserved.
Reading: OpenAI Chairman Compares AI Boom to Dot-Com Era
Share
Font ResizerAa
TechziTechzi
Font ResizerAa
Search
  • Home
  • Community
    • Our Review
    • Join Our Slack community
    • Referral: Richieee
    • Referral: 6 for 6
  • Publications
    • Special Report: SE Asian Startup Funding
    • Top 30 Most Funded Southeast Asia Startups
  • Agencies
  • About
    • About us
    • Contact
Have an existing account? Sign In
Follow US
© 2023 Techzi . All Rights Reserved.
AI

OpenAI Chairman Compares AI Boom to Dot-Com Era

Rary Maharani
Last updated: October 9, 2024 1:25 am
Rary Maharani
Share
1 Min Read
SHARE
  • OpenAI chairman likens AI boom to dot-com bubble
  • Taylor predicts emergence of trillion-dollar AI companies
  • Massive investments continue despite ROI concerns

Contents
History rhymes, says Bret TaylorBubble economics 101Money talks in Silicon Valley

History rhymes, says Bret Taylor

OpenAI’s chairman Bret Taylor believes we’re in an AI bubble, but one that could yield massive rewards.

Speaking on “The Twenty Minute VC” podcast, Taylor drew parallels between the current AI frenzy and the dot-com boom of the late 1990s.

Bubble economics 101

Despite acknowledging the excess, Taylor remains optimistic about AI’s long-term potential. He pointed out that many of today’s tech giants emerged from the dot-com era, suggesting that the AI bubble could similarly spawn “brand-defining, likely trillion-dollar” companies.

Money talks in Silicon Valley

The AI sector continues to attract massive investments, exemplified by OpenAI’s recent $6.6 billion funding round at a $157 billion valuation. This comes despite skepticism from some quarters, including a Goldman Sachs report questioning AI’s return on investment.

TAGGED:div5

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook X Copy Link Print
Share
Previous Article Truely Secures $3.5M to Revolutionize Travel Connectivity
Next Article Indonesia Slams Door on Temu to Protect Small Enterprises

Subscribe to our newsletter to get our newest articles instantly

Please enable JavaScript in your browser to complete this form.
=

Stay Connected

XFollow
InstagramFollow
YoutubeSubscribe
TiktokFollow

Latest News

Techzi is Pausing
Media December 24, 2024
Twitch Pioneer Emmett Shear Launches Mysterious AI Venture
AI December 24, 2024
OpenAI CEO Labels Musk a ‘Bully’ in Latest Tech Titan Clash
AI December 24, 2024
AI Revolution Could Spark Live Entertainment Boom
Culture December 24, 2024

You Might also Like

AI

Experts Predict 2024 Will be Hard on OpenAI

February 17, 2024
e-CommerceMobility

GoTo Group Achieves Adjusted Profitability in Q4, Announces $200M Share Buyback

March 22, 2024
Health-TechVC

Richieee Takes a Deep Dive on Impress Health

February 28, 2024
Strategy

Jesse Pujji Profiles Calendly Founder’s Incredible Journey

February 13, 2024
Proptech

Gropyus: The Future of Sustainable Construction?

August 30, 2024
AI

xAI Eyes Massive Funding Round at $40B Valuation

November 4, 2024
Fintech

Digital Banking Dynamo: Tyme Secures $250M in Breakthrough Funding

December 23, 2024
Mobility

Ola Electric’s IPO: Navigating the Curves Ahead

August 14, 2024
Crypto & Web3Startups

Blockchain Privacy Startup BlokID Raises $1.25 Million

February 12, 2024
AI

Grammarly’s Strategic Move: Coda Acquisition Signals Productivity Revolution

December 24, 2024
Social Media

ByteDance’s Indonesia Job Cuts: 450 Employees to Feel the Pinch

June 17, 2024
VC

SBVA Undergoes Transformation with Name Change and Successful Closure of $150M Fund

February 12, 2024

Techzi

SE Asian tech news: Free & Comprehensive. Read more

Quick Links

  • Logistics
  • Marketplace
  • Mobility
  • Startups
  • VC
  • Food tech
  • Gaming
  • Health-Tech
  • Media
  • Social Media
  • SaaS
  • Travel

Quick Links

  • AI
  • Edutech
  • Climate
  • Creators
  • Crypto & Web3
  • Culture
  • Deep Tech
  • e-Commerce
  • FAANG
  • Fashion
  • Fintech

Techzi Tech Newsletter

FREE and Curated by Tech Insiders

Legal

Privacy Policy

Terms & conditions

TechziTechzi
Follow US
© 2024 Techzi . All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?