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.