Sam Altman Warns of AI Bubble: "Unsustainable Silliness"

OpenAI CEO Sam Altman said he is "seeing the first signs of what feels to me like unsustainable silliness" in the AI infrastructure buildout, pointing to a wave of new "neoclouds" claiming they'll build massive amounts of compute next year without the revenue or buyers to support it.
"I think people right now are kind of in a 'cost is no object' mode," Altman said. "We're just going to build out crazy amounts of compute and somebody will pay an even higher price for it."
Altman also acknowledged broader economic risk, saying, "If the whole economy blows up, yes, that could impact us."