AsianFin -- OpenAI Chairman Bret Taylor on Tuesday drew parallels between today’s AI surge and the dot-com boom, noting that while hype often overshadows outcomes, lasting value has been created.

Speaking on the “ACQ2” podcast, Taylor said the dot-com era is frequently remembered for its failures. “If you say dot-com, people come back with failures,” he said. “But if you look at the S&P 500 now and the value generated by companies from that period, one could argue much of the initial exuberance and hype was actually justified.”