Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

Yes, Sam definitely doesn’t want to be holding this bag.
 help



Sam still doesn't have any equity.

People absolutely refuse to engage with this fact with even a modicum of substance.

Altman owns significant personal stakes in core technology, chip, and energy infrastructure sectors. His job is to hype AI so that the companies that supply the infrastructure behind it increase in value. When OAI becomes insolvent because their business model doesn't work, he can jump ship with no losses or liabilities.

This is a ludicrous theory for why he would turn down equity in OpenAI.

Yes he does - it makes him one of the most powerful people on earth.

In the "volatile and unstable" scenario that you're replying to, the $BILLIONS from cashing out while it's a hot market is a more sure way to have long-term influence on things.

"the power"



Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: