On September 15, during an interview with The Verge, Brett Taylor, Chairman of OpenAI, stated that the AI industry is currently in a bubble phase, and many entities within it are poised to incur substantial losses. As the CEO of Sierra, an AI agent startup, Taylor echoes the sentiment of OpenAI CEO Sam Altman, who has also expressed concerns that significant financial losses will be experienced by some in the AI sector. Taylor is of the belief that AI, akin to the transformative power of the internet, will revolutionize the economy and generate immense value. However, he acknowledges the existence of a bubble in the present market landscape, which will inevitably lead to considerable financial setbacks for many. He drew parallels to historical instances where transformation and bubbles have coexisted, citing the dot-com bubble of the late 1990s as a prime example. Despite the widespread collapse of numerous companies during that period, the internet ultimately demonstrated its vast potential. Taylor underscored the importance of discerning between the validity of the overall direction and the success rate of individual ventures, asserting that the AI bubble and the ongoing transformation can indeed coexist harmoniously.