SMRTR AISep 11, 2025The Verge

Sierra CEO Bret Taylor on why the AI bubble feels like the dotcom boom

SMRTR summary

Bret Taylor, Sierra CEO and OpenAI chairman, sees parallels between today's AI boom and the dotcom era. Following ChatGPT's launch, Taylor founded Sierra, now valued at $10 billion, which creates AI agents for customer service that operate autonomously on calls and chats with a unique outcome-based pricing model. Major companies use Sierra's technology to handle everything from warranty claims to mortgage refinancing without human involvement, drastically reducing customer service costs while improving experiences.

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