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PC Gamer
PC Gamer
Andy Edser

'Someone is going to lose a phenomenal amount of money' says OpenAI CEO Sam Altman about unwise AI investment. 'When bubbles happen, smart people get overexcited about a kernel of truth'

Sam Altman testifying on capital hill. .

OpenAI CEO Sam Altman spoke to assembled reporters at a dinner in San Francisco late last week on the topic of, you guessed it, AI, the applications of AI, and the vast sums of money moving behind the scenes to fund it. Despite being one of the most vocal advocates of the tech, Altman had some words of caution for investors jumping on the artificial intelligence train.

According to The Verge, Altman said it was "insane" that AI startups consisting of "three people and an idea" are receiving huge amounts of funding off the back of incredibly high company valuations, describing it as "not rational behaviour."

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