OpenAI's COO: "Bubbles Have Almost Always Preceded Some Important Technological Shift” | Term Sheet

OpenAI has had a huge week. Fresh off launching the AI video generation and social app Sora 2, they closed a multibillion dollar partnership with AMD that sent the company’s stock soaring. This was quickly followed by the release of new features, like agent-building and ChatGPT app integration, meant to supercharge OpenAI’s hold on the culture. Allie sat down with OpenAI COO Brad Lightcap at the company’s DevDay in San Francisco to discuss where the company stands in the enterprise market, what he thinks of the “AI bubble,” that MIT study, and more. 00:25 OpenAI news 03:32 How OpenAI has changed in a year 06:26 The public markets and OpenAI 07:21 What will the future look like? 08:15 What’s the state of the AI business landscape 10:47 How does the ease of building impact the startup ecosystem 12:27 AI bubble discourse 12:57 The MIT study on generative AI pilots 17:41 Measuring ROI in enterprise AI adoption 20:34 How does OpenAI use OpenAI? 24:35 What Brad has learned from studying past tech cycles 26:15 The OpenAI startup fund 29:25 What Brad learned at Y Combinator 32:05 An early memory from OpenAI Subscribe to Fortune - http://www.youtube.com/subscription_c... Fortune Magazine is a global leader in business journalism with 55 million monthly page views and a readership of nearly 32 million, with major franchises including the Fortune 500 and the Fortune 100 Best Companies to Work For. The new Fortune video channel dives into personal stories from business owners and entrepreneurs becoming successful in business and sharing their tips to help you reach your goals. Website: http://fortune.com/ Facebook:   / fortunemagazine   Twitter:   / fortunemagazine   TikTok:   / fortune