Scott Galloway, a bestselling author and NYU professor, has issued a dire warning about the potential collapse of OpenAI, suggesting that it could have far-reaching implications for the global market.

Galloway Sounds Alarm On OpenAI

Speaking on his Prof G Markets podcast, Galloway highlighted the precarious nature of the current market, which heavily relies on AI. He noted that since ChatGPT’s debut in late 2022, AI-related stocks have accounted for about 80% of the market's total gains.Co-host Ed Elson highlighted "red flags" and cautioned that while OpenAI is bringing in roughly $13 billion in annual recurring revenue (ARR), its spending is more than twice that figure. Galloway predicted that OpenAI will likely file for an IPO sometime in 2026 and then Altman would’nt be able to say “sell your shares,” in an earnings call as the OpenAI CEO recently said to an investor, Brad Gerstner who questioned his $1.4 trillion spending plan.