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CEO warns of AI market bubble as stocks decline, despite sector's crucial role in tech advancements.
OpenAI's CEO, Sam Altman, warns of an AI market bubble due to overly enthusiastic investors, while major AI companies face stock declines. Despite these concerns, AI remains crucial in tech advancements, with some companies like OpenAI on track for significant revenue growth. The sector's rapid growth and high valuations have raised fears of a dot-com era-type crash, with experts cautioning about the sustainability of current investments.
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