Artificial intelligence is the trendy technology. Everyone wants to adapt her to their companies, and some even use her as a therapist or friend. A priori, anyone could assume that this is a million-dollar business for OpenAI and other developers, and that it can only grow. However, not everyone thinks this way, and Many experts are already talking about a bubble.
They have been doing this for quite some time, but each time they seem to have more arguments in their favor to defend their pessimistic theories. And not just because companies like NVIDIA have seen their shares decline recently. The data is there, and, in different ways, it seems to agree with all those who believe that it is better to be careful.
The worrying bubble of artificial intelligence
According to a recent DiscoveryAlert report, several economists and market analysts are warning that the AI sector is showing unmistakable signs of what they call «overvaluation.» First of all, the study refers to small or modest companies, which are entrusting their future to AI, sometimes too exaggeratedly, in their opinion.
It’s not the first time something like this has happened. Once again, they compare the rise of OpenAI and other similar companies with the dotcoms in the late 90s. Only this time, they warn, the consequences could be much more serious. For whom? For the entire technology sector in general. They say that the situation is already «extreme risk» and that it could be felt globally.
The situation, however, is no different for large companies, experts say. And they give OpenAI itself, responsible for ChatGPT, as an example. Based on the report, Sam Altman’s company would be recording losses of approximately $3.14 for every dollar earned. Or what would be the same, a total of 314%. An outrage.
Of course, this is not a user issue. These grow every month (at least for now, the potential users are not infinite), but the problem is rather in the investment. The cost of maintaining AI and the energy it requires to operate have an astronomical price. It is something that Sam Altman himself has recognized on more than one occasion.
An increasing risk
The risk of the bubble is not exclusive to OpenAI, and the study also points to other large companies. Without going any further, to NVIDIA. For some time now it feels like all eyes are on her. Since it dominates the production of AI chips, it came to represent almost 8% of the market. The experts They say this is «betting everything on one horse.»
The most interesting of all, however, is how clear the specialists are. At the moment it is thought that artificial intelligence is the magical solution to all the problems that human beings have (which are not few). Believing that is not only a mistake, but rather reckless in itself.