US EditionOpenAI's Fidji Simo Says AI Investment Frenzy 'New Normal,' Not Bubble
Fidji Simo says AI investments meet soaring demand and will create new jobs such as prompt engineering while supporting mental health through ChatGPT, reflecting a lasting shift.
- On Monday, Fidji Simo, Chief Operating Officer of OpenAI's applications, told AFP that OpenAI's massive AI investments are today's `new normal`, not a bubble.
- OpenAI under CEO Sam Altman has driven massive investments in data centres and AI chips, despite the business not yet breaking even, to meet soaring compute demand, Simo said.
- Many users and parents report turning to ChatGPT for advice, and OpenAI plans to launch age-prediction to protect teenagers with a less permissive model and a robust mental health roadmap.
- Fidji Simo said AI will create new jobs like prompt engineering and acknowledged some professions will be directly impacted, with OpenAI aiding transitions.
- Simo argued computing power is becoming the most strategic resource and warned that China’s heavy investment means democratic bloc cooperation is vital, while Europe focuses too much on regulation.
55 Articles
55 Articles
Watauga Democrat
OpenAI's Fidji Simo says AI investment frenzy 'new normal,' not bubble
The dizzying investments in artificial intelligence infrastructure do not constitute a bubble but rather represent today's "new normal" to meet skyrocketing user demand, Fidji Simo, OpenAI's de facto number two, said on Monday.
Number 2 of OpenAI, Fiji Simo, defends massive investments in artificial intelligence against skeptics.
Open AI’s Fidji Simo says AI investment frenzy ‘new normal,’ not bubble
The dizzying investments in artificial intelligence infrastructure do not constitute a bubble but rather represent today's "new normal" to meet skyrocketing user demand, Fidji Simo, OpenAI's de facto number two, said on Monday. The French-born executive made her comments in an interview with AFP, her first since taking up her role as Chief Operating Officer
The French Fiji Simo, who had arrived in 2024 and now general manager of OpenAI applications, expressed herself for the first time since her appointment in August. Faced with doubts about a possible speculative bubble around artificial intelligence, the leader sweeps away the criticisms: according to her, the billions invested do not come up suddenly, [...]
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