The AI Industry Has a Huge "Credit Card Debt" Issue
Earlier this month, OpenAI CEO Sam Altman said the quiet part out loud, telling reporters that he believes we're in a "phase where investors as a whole are overexcited about AI." Simmering concerns about a growing AI bubble — a word repeatedly invoked by Altman himself during the appearance — have gripped the industry, with spooked investors triggering a major tech sell-off in the wake of the CEO's remarks. Also fueling these fears was an MIT investigation that found a staggering 95 percent of