ON JANUARY 26TH, ACCORDING TO CNNOpenAI Chairperson of the BoardAI First-time company, Sierra, co-founder Bret Taylor WHICH MEANS THAT AI "PROBABLY" ISFoamThe bubble is expandingMotivating “smart money” and “blind money” to fund competitors at every level of technology.
This post is part of our special coverage Global Voices 2011The free market eventually makes decisions,To determine which areas are really of value,WHICH AI COMPANIES HAVE THE BEST PRODUCTSHE SAID HE WAS STILL OPTIMISTIC ABOUT THE LONG-TERM PROSPECTS OF AI。
When it comes to why funds go to AI, Taylor replied: “When everyone knows that AI will have a huge impact on the economy, industry and work flows, there will naturally be an influx of money. I think in the next few years, you'll see a market retweet and an industrial integrationBut real innovation has to come out of this chaotic and intense competition”.
By way of reference, Bret Taylor created Sierra in 2023, a company that built and deployed AI intelligence for its clients, such as large businesses, and completed a new round of financing of $350 million last September (note: the current exchange rate is about RMB 24.43 billion), which is currently valued at $10 billion (the current exchange rate is about RMB 69.799 billion)。
Moreover, Bret Taylor has a very rich experience of working as Chair of the Board of Directors on Twitter (now platform X), as Chief Technical Officer on Facebook (now Meta) and as part of Google Maps。
Taylor added that AI would have a major impact in the fields of electricians, business services, search engines, payment systems, etc., although the process was not smooth, infrastructure improvements, business acceptance of new technologies, and regulatory environment change took time。