Elon Musk on Sam Altman and ChatGPT: I am the reason OpenAI exists

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[Williamesq]

I already own shares of TSLA, NVDA and APPL as well. Sure, I don't mind having these equities sit around for a while, but I'd also like to appreciate short-term opportunities that could fetch $200, 000 or less

[Tom]

I took an entrepreneurship class at UCLA where the professor actually recommended starting the business as a non-profit and switching to C-corp status once the business is on the cusp of being cash-flow positive. Business 101.

[RickMckee-nqni]

It is happening folks, the future of work is being redesigned. Yes, More tech companies wants to fire more workers from next week: "The third wave is going to happen next week. That affects everybody in the biz teams, including in my organization. It's just a time of great anxiety and uncertainty" Says Meta President.

[rn]

That look at 2:08? "Boss, I did it! I asked him the embarassing question you wanted me to ask"

[jeffthompson]

Musk was an initial investor in Open AI - after criticizing AI dooming the planet. On the board - he did not like the direction and tried unsuccessfully to take over the company in 2018. He also did not like OpenAI's hiring practices. In 2020, Musk left the company and sold his stock citing a conflict of interest with Tesla AI. In November 2022, OpenAI's first chatbot was released to the public. The technology was soon incorporated into Microsoft's Bing search engine as ChatGPT4. OpenAI has been profitable since its start in 2015, but has increased its loses from the release of ChatGPT. Musk was one of 11 board members who started the company in 2015.

[john_doe_not_found]

"Imagine founding a non-profit to save the rainforest, and it turns into a for-profit logging company in that rainforest".
Are there laws to prevent this?
Nope. Should have gotten yourself a seat on the board to retain some control of your project.

[rmnvishal]

Surprisingly, this video gives a lot more clarity to what is going on behind the scenes at OpenAI! Ilya came aboard OpenAI reluctantly, only agreeing because he thought it would be non-profit and bring about AGI for humanity safely. Now the company has gone so far off its original mission, it seems everything from Sam Altman being fired to Microsoft not being consulted about it makes sense.

[MyLatinLife]

Damn that Amazon rainforest analogy was spot on

[yonathanseleshi]

When you take Microsoft's money you belong to Microsoft.

[ThinkingCrypto]

And Sam is out at OpenAI. Elon was right.

[JosephParker]

Well, fortunately the other open-source projects are catching up pretty rapidly. It's a few companies against a large group of well intended researchers and engineers. Unless there's some shady government intervention, they should eventually triumph

[xluats]

How do all the comments here miss the whole point of this video?

He's not saying he's the reason OpenAI exists to brag, he's saying that he originally funded OpenAI with a different vision in mind, where OpenAI's AI developments would be open source (aka in layman terms, the code is out there for the public to see, use and critique) and not-for-profit.

Yet, OpenAI has done a full U-turn and become a closed-source (code is NOT public, but made privy only to insiders), for-profit company that does not share it's developments or AI use-cases to the world in its fullest capacity.

Guys. Please read between the lines. Maybe take off the veil of hate you have for this man that is blinding you from looking at things objectively and you'll be able to critically think for once.

[fleischwolf]

It's not so uncommon as many think. A lot of research in all fields be it CS, machine engineering, medicine, biotech, pharma is done by non-profit/state universities or research institutes. When something valuable is found, its spin-off into a private for profit company or existing company buys the IP. Those deals are always in favor of the investors.

[DaniellaCarla]

Thank you for this wonderful video! I have incurred so much losses trading on my own....I trade well on demo but I think the real market is manipulated.... Can anyone help me out or at least tell me what I'm doing wrong?

[rbarks]

Is there a link to the full interview?

[seikojin]

Even worse than MS cutting off OpenAI, MS could demand bias in the training to lean towards some profit goal. And since it is protected/closed, no one would be able to infer it without some legal junction.

[HarryKay_]

Elon wasn't the sole investor though; it's not like he and only he has a say in where the company goes and what the company does.

[scientist]

They might not have what they have today if they had remained open source and non-profit. Without money, you cannot build something so big, folks. When they became famous, Elon started criticizing them, but they had been closed source for many years before that.

[breedingbubbles]

"At any point Microsoft could cut off OpenAI". And they do have a track record of doing just that. Look at Sybase and SQL Server and other such examples where Ms had a partnership and then decided "I'll take that, thanks for your time".

[matthewthompson]

Lol this sounds like the beginning of a terminator movie