Tim Draper likens OpenAI to AOL in AI bubble warning
Veteran venture capitalist Tim Draper compared OpenAI’s current valuation to AOL at the height of the dot-com bubble, warning investors of overvaluation in the AI space. While praising OpenAI’s tech and influence, Draper described the current hype as unsustainable in parts and predicted corrections before a possible accelerated next wave. He shared that he experimented with AI avatars of himself to pitch to founders and students, illustrating his continued enthusiasm amid caution.
cautious
2 days ago
Tim Draper likens OpenAI to AOL in AI bubble warning
Veteran venture capitalist Tim Draper compared OpenAI’s current valuation to AOL at the height of the dot-com bubble, warning investors of overvaluation in the AI space. While praising OpenAI’s tech and influence, Draper described the current hype as unsustainable in parts and predicted corrections before a possible accelerated next wave. He shared that he experimented with AI avatars of himself to pitch to founders and students, illustrating his continued enthusiasm amid caution.
cautious
Tim Draper likens OpenAI to AOL in AI bubble warning
2 days ago
1 min read
72 words
VC Tim Draper warns OpenAI may mirror AOL’s bubble trajectory in AI mania.
Veteran venture capitalist Tim Draper compared OpenAI’s current valuation to AOL at the height of the dot-com bubble, warning investors of overvaluation in the AI space. While praising OpenAI’s tech and influence, Draper described the current hype as unsustainable in parts and predicted corrections before a possible accelerated next wave. He shared that he experimented with AI avatars of himself to pitch to founders and students, illustrating his continued enthusiasm amid caution.
Veteran venture capitalist Tim Draper compared OpenAI’s current valuation to AOL at the height of the dot-com bubble, warning investors of overvaluation in the AI space. While praising OpenAI’s tech and influence, Draper described the current hype as unsustainable in parts and predicted corrections before a possible accelerated next wave. He shared that he experimented with AI avatars of himself to pitch to founders and students, illustrating his continued enthusiasm amid caution.