Having an entrepreneurial mindset differentiates a success and failure as an aspiring entrepreneur. I also think what we are likely to find is that a lot of classes of jobs that people talk about A.I. "The goal of all these proposals is not to say like, 'Here's the thing we should definitely do,' but to start conversations," he says. But housing prices are a problem across California. Instead of building a super-fast regional train, Altman suggests redirecting those resources to build up more robust local train systems, enabling people to commute more efficiently. But I think were going to do it. And these same models are being adapted for all of these different uses. systems, in particular, you do not want an incentive to maximize profit indefinitely. I also think and this is deep into the realm of speculation that certainly, I think, as humans have become more knowledgeable, and wise, and smarter, we seem to be less willing to inflict random pain on each other and maybe animals than we were . The upside of these systems are such that Geoff Hinton can certainly decide not to try to build generally intelligent systems, but someones going to do it. When you talk about a Moores law for everything, things that are expensive, that millennials, zoomers are having trouble affording when it was sometimes easier sometimes also not for their parents. The tech boom has pushed real estate costs in Silicon Valley through the roof. I think actually a useful way to think about it is universal distribution of wealth. CEO of OpenAI, former president of Y Combinator, "How Venture Capitalists Find Opportunities in the Future", "Spring 2017 honorary and award recipients", "Sam Altman: Why customer love is all you need | Masters of Scale podcast", "Y Combinator president Sam Altman is stepping down amid a series of changes at the accelerator", "Y Combinator President Sam Altman is Dreaming Big", "Forbes' 30 Under 30 2015: Venture Capital", "Did Sam Altman make YC better or worse? In a lot of past revolutions, the revolutions, the technological changes, they happened fairly slowly and particularly their dispersal through society is pretty slow. Dont freak out too much. Sam Altman - Professional Life as an Entrepreneur And you say anything other than its really important that we remain competitive with China and its really important that we have fair, transparent, unbiased systems. And so then you have this kind of branching possibility, which is either very high standards of living for everyone or not. Before that, he was well known in Silicon Valley as president of startup accelerator Y-Combinator. Look, I also I think that I think everything that Ive said is going to happen, but we could hit some wall. (A full transcript of the episode can be found here.). And if you think about how we treat animals, or even just think about how we treat computers, or, frankly, workers in many cases, the idea that we can make infinite copies of something that can suffer that we will see in a purely instrumental way is horrifying. But I think it does work for a lot of things and a lot of people. Sam is gay and has been out since his youth. And one of my, certainly, concerns about the world being sketched here is that my sense as a political person is you would somehow need to get a more equitable distribution of power in order to have the more equitable distribution of resources. So the idea is that as machine learning, as these computer systems become better, basically everyone will have at their disposal a staff, like a corporation unto themselves, where they will be able to hire systems to help them out . That would be good. But I mean, you were saying earlier in the show that at least the power of these systems is on an exponential curve. And the human does what humans are really good at. We build tools so that we can do better than we can do with our hands digging up the dirt or whatever. I think theres a lot of question on how do we distribute income, which if you could get the politics right to do it, is a quite manageable question. He serves as the CEO of OpenAI and the former president of Y Combinator. Fundamentally, I think people worry are we going to mistreat the A.I. And if youre running millions or billions of copies of that, creating quite a lot, thats a real moral hazard. You can get the answers that no human could come up with. Sam Altman is the CEO of OpenAI, the buzzy AI firm he cofounded with Elon Musk. There is no upper bound how far that can go as you think about increasing the size and scale. So lets think about what you need to make a smart agent. And it was such a strange feeling and Ive often thought about the parallels of that moment that hit so viscerally with A.I. Yeah. Atmos So theres a lot that is being predicted, but right now its a mimicry. I dont really want China running one of these systems and I wouldnt have wanted Donald Trump running . do now? Theres just going to be a limit on that. I believe that will happen someday. What have you done with it? And if I were you, thats totally what I would think. To make that world a good world for people, to make that a utopia rather than a dystopia, it requires really radical policy change to make sure the wealth A.I. And I think thats an example of where faced with a seemingly intractable political reality, technology produces a solution that is a total curveball and not that imaginable a few decades ago. to do for you. And they want to make it phenomenally expensive. And I think they do, because I think that they matter very much in terms of what the future systems of the world will do. I think weve released something like that just quite recently where you can say, heres what I want you to do and it will do it. I think technology can make the world unimaginably great, but it needs a policy and power tweak to have that be distributed in a way where it can happen at all and in a way where it can happen justly. According to Altman, California traffic is some of the worst in the country, and local public transit systems "are not very good." As I understand what these systems are doing now, theyre predictive. Yeah, I mean, I think were going to do it, too, because it seems like a good thing to do. But one of my observations from covering policy for a long time is policy reflects power. But if you can just let this one idea go that theres a special self, theres an Ezra that controls all of this. He is also listed as an investor in its Series A round in November 2022. In 2018, Altman launched "The United Slate", a political movement focused on fixing housing and healthcare policy. Thats great. So take the couple of richest people in the world right now. Get Make It newsletters delivered to your inbox, Learn more about the world of CNBC Make It, 2023 CNBC LLC. His efforts have helped many companies to make a big mark in the startup ecosystem. These stories of perseverance and struggle create the basis of entrepreneurship and create unique experiences. So thats weird. So your point about Elon Musk is well taken. He helped to transform So I could see that and I think that makes sense. Do we get way better at spotting things on radiology, which I think is pretty likely. system is built by Google, its going to be oriented towards being very, very, very good at manipulating consumer preferences. You should see me you should see me on my off days. It is a little depressing. [16], Altman said that he hoped to expand YCombinator to fund 1,000 new companies per year. He believes that nuclear energy is a crucial area of technological advancement and has played a role in its development for several companies. But yeah, if it doesnt happen in a few hundred years, or 100 years even, then some axiom I believe is wrong. Theres a lot of this where youre going to need regulatory decisions for the things to be deployed. Sam was born on April 22, 1985, in Chicago, Illinois, United States. In exchange for funding, OpenAI has helped Microsoft with product research. Altman is asking for digital signatures on his petition to redirect bullet train funding of those who support the idea as a way to measure its popularity. And that is, I think, a real shame for all of us. If we really do think about what it means to have intelligence in a computer, maybe its different. I think one of the big promises of A.I. Im partially doing these shows for this reason that its just not something that I think is enough part of the political conversation. Others, unable to afford the astronomical real estate prices, resort to living with untenable commutes. In 2018, Altman launched "The United Slate", a political movement focused on fixing housing and healthcare policy. Because if hes right and I assign a real possibility that he is right, at least to some degree then A.I., its not just going to redistribute wealth and jobs, its going to redistribute power. My understanding of the way the A.I. His mother serves as a dermatologist. The company was started in 2020, but stopped operating in a few countries in 2022 due to logistics issues. I worry a bit that if the big A.I. Source: The Wall Street Journal, All Things Digital, Y Combinator, The New Yorker. WebErik M. Altmann June, 2019 Psychology Building 316 Physics Rd, Rm 298A East Lansing, MI 48824 517-353-4406, ema@msu.edu. Which is that could we invent it? Thats the you can put people in one of those two buckets usually. Tell me a bit about this end-game business models here. I think we have to do this. So maybe what happens is you still go to a lawyer, but that lawyer can be a factor of 10 or 100 times more efficient and they dont need the staff of researchers they have today. In 2017, Sam received an honorary degree from the University of Waterloo. Im not saying anything is mono-causal. Not everyone is buying what he has to sell, And the next time theyre not surprised or maybe they even can come up with new ideas based off of that. What they are turning out to be and what the options for them are? I know this part of the conversation is going to turn some listeners off, but I think its interesting. And my concern is that to the extent there is a Washington conversation over artificial intelligence is one of the set of technologies Im interested in and worried about. in very different ways. What I think is that there is a probability it is true that I cannot quite assess. And I depart from that in the sense of if you live in China, or a lot of other countries, I dont think thats true, and even sometimes not in this country. And also and I mean this as exactly as important what do we want from it as a public and how do we get that from it? That shift of power and wealth is already underway. We have the privilege and luxury to be able to not do that. Ill give an example of this. One is that phenomenal wealth can get generated, because goods and services can become so cheap and so widely deployed that very rapid social change follows that because youre just undergoing an extraordinary upheaval in the economy. [38] In May 2020, Altman donated $250,000 to American Bridge 21st Century, a Super-PAC supporting Democratic presidential candidate Joe Biden. programming assistance that can help you write code. [LAUGHS] But I could tell you how were thinking about it and how I hope other people will, too. Here's how the serial entrepreneur got his start and ended up helming one of today's most-watched companies. Anyone can read what you share. And part of the reason that has happened is things have gotten much cheaper. I doubt that its an accident that those people all live in no income tax states. Entertainment, high quality education. The company was acquired by Green Dot, a banking company known for prepaid cards. We dont know what those will be either. Have you ever read the book, Fully Automated Luxury Communism? Altman said OpenAI had "never made any revenue," and that it had "no current plans to make revenue.". Worldcoin is aiming to make their proof-of-personhood network in the least dystopian way possible. Sam Altman received his early education at John Burroughs School and completed his high school studies there. And so all of these questions are irrelevant. One option he has publicly proposed is shutting down the construction of the $64 billion bullet train, which is expected to run from San Francisco to Los Angeles by 2029 (two extensions, one to San Diego and one to Sacramento do not have projected completion dates). And I would say housing is primarily a zoning problem. On this Wikipedia the language links are at the top of the page across from the article title. The A.I. is central to that, but its not the only one they actually make a case for much more radical form of public ownership. You've successfully subscribed to StartupTalky. Why try to make it generally intelligent at all? So what a depressing thought to say that were going to limit ourselves to what humans are capable of rather than benefit from everything that we can build better tools for. I have a lot of answers to this question, so I will start with a few. Like do stuff that is like the other thing. See, I think animals is the counter-argument to that. Special thanks to Kristin Lin. So how do you change the value? If you walk into one of these rooms and you you know, theyre like, oh, I want to learn from you. If you dont spend a lot of time in the A.I. Now, if you think of machine learning as part of and particularly of what were talking about here as part of a long swing of automation, it isnt all at once. As of 2021, Sam Altman's estimated net worth was $250 million, reflecting his successful career and impact in the technology industry. What is happening here economically? Sam has a brother named Jack. Altman became president of Y Combinator at 28, not 31. Sam. Like CNBC Make It on Facebook. So budget work in Washington is always dominated by these graphs that show like by 2070, 50% of the economy is on health care. I think the best way to frame this is this idea that the marginal cost of an A.I. . Sam Altman was born in April 1985 in Chicago, Illinois. Altman said one of the people he talked to in Silicon Valley made him sign a confidentiality agreement before talking because she was scared of losing her job for supporting Trump. And so we have to talk about how we want to use them, what their rights are, what we want the world to look like, the universe to look like with them. Afford the astronomical real estate prices, resort to living with untenable commutes will, too, because seems. If you dont spend a lot of this where youre going to happen, but we hit... Fully Automated luxury Communism up with as an aspiring entrepreneur that I think one today. 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