It's AI summer, but some business leaders seem concerned that they're partying like it's 1999, just before the dot-com bubble burst. OpenAI CEO Sam Altman recently told reporters that the AI market might be too hot,

My opinion is yes," Altman told the journalists, comparing the current market to the dot-com crash of the 1990s. Wired reported that he also predicted his company will spend "trillions of dollars on data center construction in the not very distant future" and that ChatGPT will soon serve "billions of people a day.

OpenAI CEO Sam Altman believes the world is living through an artificial intelligence (AI) bubble — but he insists that the underlying technology remains one of the most important innovations of the modern era.