OpenAI board chair Bret Taylor says we’re in an AI bubble (but that’s okay)

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Sep 14, 2025 #5G technology, #AI technology, #artificial intelligence, #augmented reality, #best laptops, #best tech apps, #blockchain, #cloud computing, #cryptocurrency, #cybersecurity, #digital transformation, #emerging tech, #future technology, #iOS vs Android, #latest inventions, #latest tech news, #machine learning, #new gadgets, #robotics, #smart home devices, #smartphones, #software updates, #tech, #tech comparisons, #tech industry news, #tech innovations, #tech reviews, #tech startups, #tech tips and tricks, #tech trends, #tech tutorials, #technology, #top tech of 2025, #virtual reality, #wearable tech

Bret Taylor, board chair at OpenAI and CEO of AI agent startup Sierra ^[1], was asked in a recent interview with The Verge ^[2] whether he agreed with OpenAI CEO Sam Altman’s declaration ^[3] that “someone is going to lose a phenomenal amount of money in AI.”

Taylor echoed Altman’s sentiments, suggesting that we are indeed in an AI bubble — but like Altman, he didn’t sound too worried about it.

“I 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,” Taylor said. “I think we’re 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’s a lot of historical precedent for both of those things being true at the same time.”

Specifically, Taylor compared today’s AI landscape to the dot-com bubble of the late ‘90s. While many companies failed when the bubble burst, he argued that “all the people in 1999 were kind of right.”