CNBC January 22, 2026
Ashley Capoot

Key Points

– Bret Taylor said AI is “probably” a bubble, and he expects to see a correction over the next few years.

– Taylor, who serves as the chairman of OpenAI’s board and co-founded the AI startup Sierra, said he is an AI optimist.

– He said the free market will ultimately determine where the value is and which AI players have the best products.

Bret Taylor, co-founder of the artificial intelligence startup Sierra, said Thursday that AI “probably” is a bubble that is causing both “smart money” and “dumb money” to fund competitors at every layer of the tech stack.

Taylor, who also serves as the chairman of OpenAI‘s board, said the free market will ultimately determine where...

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Topics: AI (Artificial Intelligence), Technology
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