OpenAI CEO Sam Altman Believes We're in an AI Bubble
"Are we in a phase where investors as a whole are overexcited about AI? My opinion is yes," said Altman. "Is AI the most important thing to happen in a very long time? My opinion is also yes."
Other revelations include his regrets over the sudden rollout of GPT-5, worries about the parasocial relationship some people have with his AI chatbot and how he doesn't want ChatGPT to become a sex robot.
"I think we totally screwed up some things on the rollout, " Altman said of the launch of GPT-5, the companiy's latest AI model. When it launched earlier this year, it replaced all previous models, including GPT-4o. This led to protests by fans who preferred the more conversational nature of 4o. In response, OpenAI once again gave Plus users access to 4o.
700 million users and growing
Altman also revealed that ChatGPT has 700 million weekly users, making it the fifth most popular website in the world. He predicts that ChatGPT will jump up to the third spot soon, beating Instagram and Facebook but behind Google and YouTube.
The popularity means OpenAI's servers are at capacity. The load is so great that Altman admits OpenAI can't release better models it has already developed because there isn't enough server capacity to keep up. Altman says OpenAI will spend a trillion dollars on data centers in the "not very distant future."
Altman also took a slight dig at Elon Musk's Grok, which released an AI companion that leaned more into risqué territory.
"You will definitely see some companies go make Japanese anime sex bots," said Altman, arguing that OpenAI wants to make useful apps and to not exploit those in fragile mental states.
Investment into AI development is at an all-time high. Capital expenditure in AI added more to the US GDP in the last two quarters than all consumer spending, according to Renaissance Macro Research. Considering that US consumers like spending money, it's a staggering statistic, and the firs time such a stat has ever been recorded.
Google, Amazon, Meta and Microsoft plan on spending $364 billion in AI in 2025 alone. The problem is that AI capital expenditure is boosting the economy overall, and any changes to it could have major external effects.
The ongoing global tariffs placed by the Trump administration means investors are looking to software companies as a bit of a safe haven, because they deal less with importing and exporting of goods. Analysts worry that AI is creating a massive economic bubble, and if it were to pop, the reverberations could be massive, potentially crashing the economy.
Altman also said that OpenAI will make a brain-computer interface to take on Elon Musk's Neuralink, more apps beyond ChatGPT are on their way and that OpenAI is interested in buying Chrome if the government forces Google to sell the popular web browser.
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