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OpenAI CEO Sam Altman says AI's impact on the economy should be a top of mind concern. Research suggests AI has the potential to affect millions of jobs and lead to lower wages. But when OpenAI CEO Sam Altman was asked for his thoughts on how the spread of AI-generated misinformation may affect elections, the tech leader appeared to be more concerned about another issue: AI's impact on the economy. An International Monetary Fund study from earlier this year found that AI may impact roughly 60% of jobs in "advanced economies." But Altman said he is still worried about AI's potential on the labor market.
Persons: Sam Altman, , Altman, that's, they've Organizations: Service, Business, International Monetary Fund, IMF, McKinsey, CNBC
Reddit filed for an IPO, revealing nearly 10% of its shares are owned by entities related to Sam Altman. AdvertisementLast week, not long after Reddit made moves toward a public listing, headlines began to appear about an unexpected figure: Sam Altman. For example, Hydrazine Capital II is listed as owning nearly 9.9 million shares of Reddit. But Altman, at most, owns 5% of Hydrazine Capital II's holdings, or 492,720 of its Reddit shares. AdvertisementThe various entities point to a side of Altman — Altman the investor — that has receded from view since he has become known to the public as OpenAI's CEO.
Persons: Reddit, Sam Altman, Altman, , tech's, Reddit's, that's, he's, Chris Harvey, Altman — Altman, ADVs, Peter Thiel, Cruise, Steve Huffman, Alexis Ohanian Organizations: Service, Business, Securities and Exchange Commission, Harvey, Apollo, Apollo Projects, SPV, SEC, Investors, University of Michigan, Helion Energy, Facebook, Google Locations: Altman
That's according to a report from Bloomberg , which stated that Altman had been busy pitching heavyweight investors to back a new AI chip venture that would give his company a lot more control over its chip supply. AdvertisementBut a bunch of tech companies have started designing their own. In November, for instance, Microsoft unveiled its new Azure Maia AI chip , designed with large language model (LLM) training in mind. Despite this, Altman's plan has already won fans. "Building the best AI assistants, AIs for creators, AIs for businesses and more – that needs advances in every area of AI."
Persons: , Sam Altman doesn't, Altman, Maia, Jensen Huang, Altman's, It's, Adam Niewinski, Mark Zuckerberg Organizations: Service, Business, Microsoft, Nvidia, Bloomberg, Intel, NVIDIA, Getty, Altman, OTB Ventures, AIs Locations: AFP
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