When bubbles occur, smart people get overly excited about a grain of truth. If you look at most bubbles in history, like the technology bubble, there was something real there. Technology was really important. The internet was really a big thing. People got too excited about it.
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About Sam Altman
Sam Altman was a contemporary American entrepreneur and investor. Samuel Harris Altman is an American businessman and entrepreneur who has served as the chief executive officer (CEO) of the artificial intelligence research organization OpenAI since 2019. Having overseen the successful launch of ChatGPT in 2022, he is widely considered to be one of the leading figures of the AI boom. Read more on Wikipedia →