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

Managing money is different from accumulating wealth, and the lack of investment education in schools may explain why people struggle to maintain their financial gains. The examples you provided are relevant, and I personally benefited from the market crisis, as I embrace challenging times while others tend to avoid them. Well, at least my advisor does too, jokingly.

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.

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

He could easily support true open-source A.I. projects like OpenAssistant, etc. and hopefully make those the leader.

Mr Elon Musk is completely right...how could he have made an open source AI to balance the monopoly of AI in the world and now it has been turned into the complete opposite for what was intended.

Very grateful for the sincerity and super happy if capable, trustworthy and genuine professionals would all work together with you to ensure AI benefits humanity🙏

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.

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.

Very nice interview. Asking questions that actually matter

Companies can switch from "closed source for profit" to "open sourced non-profit" too. There is nothing illegal about it, the money was given without conditions. It's like complaining that something was not in a contract but you still thought you would get it.

He basically regrets letting go of the company now that is successful. He didn't see them competing against Google so moved on, didn't anticipate them going closed source for profit and becoming successful. Despite the fact that his hugely successful, he can't come to terms with the fact that he's not a psychic visionary people seem to think he is.

Google, Facebook/Meta, and even Microsoft all had moments in their existence when someone could have bought them out had that person/company not faltered at the last moment. Nobody bats 1000.

He should continue to support open source projects, they are growing at a faster rate, you can have another openAI in 3 months with GPT5 qualities

Open AI should be there for ever, it takes the creativity to the next level.

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.

It's true Microsoft could "cut off" openai from their infrastructure. But openai retains their rights to the models and weights and data sets. So, if Microsoft "cut off" openai, they could seek another partner. And I think they would have offers.

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When Ai software starts doing things for itself without input, then we will have a problem. It is the developers of Ai that we need to worry about now, and what they make the Ai capable of doing.

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.

Incredible. Elon tried to give AI to the people he knows it will make economically insignificant.

Open source always prevails. Open standards = innovation

The issue is when true AI is made public, e.g. they interface with photons and realize they can communicate to a sentient being of consciousness, then plug that into something like Open AI. that would be something