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

Posted by Educational_Sun_8813@reddit | LocalLLaMA | View on Reddit | 5 comments

"Someone will lose a phenomenal amount of money," says CEO while fundraising at record prices. Last Thursday, OpenAI CEO Sam Altman told reporters at a private dinner that investors are overexcited about AI models. "Someone" will lose a "phenomenal amount of money," he said, according to The Verge. The statement came as his company negotiates a secondary share sale at a $500 billion valuation—up from $300 billion just months earlier. https://arstechnica.com/information-technology/2025/08/sam-altman-calls-ai-a-bubble-while-seeking-500b-valuation-for-openai/

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5 Comments

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pulse77@reddit

Investors believe in AI much much than people building AI ...

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Lesser-than@reddit

He would not have said this a year ago, which means he knows he can no longer deliver on the hype.

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a_beautiful_rhind@reddit

Sam altman is trying to pop it if anything. He's making statements that the media will amplify and then affect stock prices, elon style. He couldn't get his regulation through, he couldn't beat them legitimately, so now he's fucking up the field.

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Bohdanowicz@reddit

Tulip craze was a bubble. 2008 was a bubble. This is comparable to 2000... but we are in 1996. I don't consider it a bubble in the same sense as it gave us Amazon, Google, meta. The tech changed the world. By 2000 everyone was using the web in some capacity. Any crash that happens in this sector will be after most people see robots in homes either in person or in TikToks. At that point everyone will be dumping money into AI. After they buy no money is coming in behind them to support the pricing. AI will be no more special than the web is today. At that point profits matter. That said, by then we should likely have AGI and recursively self improving models on custom silicon in which case we continue to see exponential growth as labor costs are replaced by AI.

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LagOps91@reddit

that "someone" being his investors?