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

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