back to article AI is going to need a global investment, just maybe not $7T, says OpenAI CEO Sam Altman

OpenAI CEO Sam Altman has driven a lot of hype around generative AI, but as he reminded attendees at Intel's Foundry Direct Connect (FDC) event Wednesday, not everything you read on the internet is true. Speaking during a fireside chat with Intel CEO Pat Gelsinger, Altman dismissed reports that he was seeking to raise $5-7 …

  1. karlkarl Silver badge

    > "If I had to sit there and correct every mistaken report, I would not be able to do my job, but people say all sorts of things,"

    Ironically his business is going to greatly contribute the the randomly generated noise of this sort on the internet.

    AI is at best, a glorified "search box" and at worst, a glorified "noise generator". I don't think there is any evidence that this will change any time soon.

  2. elsergiovolador Silver badge

    Shiny object

    Here look! Shiny object!!!

    Now give us as much money as you can! It would be a shame if it stopped shining!!!

  3. FF22

    Becoming "too big to fail"

    He wants that much investment, because if you have so much money invested in something, then that alone will make you, the investors - who will want to see their money back - keep up the hype cycle, and also hinder legislation that would thwart the appropriation of everyone's work by OpenAI.He wants to become "too big to fail".

  4. rgjnk
    Alert

    What does Sam Altman do?

    Is he just the chief hype man/bullshit artist or does he contribute more than that?

    I know there was a lot of upset about him maybe getting booted from OpenAI but I'm not sure I see a lot coming from him that isn't just AI pumps, trying to harvest money, and doing stuff to boost the value (if not usefulness/delivery) of various people's startup investments.

    A bit of a Jobs/Musk type but slightly vaguer when it comes to what he contributes?

    1. that_dude, dude

      Re: What does Sam Altman do?

      He gets us to click on articles that have his name in it, and engage in the conversation in the comments section. Sorry for contributing to this.

    2. DS999 Silver badge

      Re: What does Sam Altman do?

      He's accomplished way less than either Jobs or Musk though. He founded a never very successful startup no one has ever heard of at 19 then started a VC with his brother a decade later, and soon after went to Y combinator and quickly became its president. He had no track record of success either as an entrepreneur or a VC before he became president of Y combinator, so I'm assuming he's like Musk born with a silver spoon in his mouth and wouldn't have had that role if not for his brother's/family's money.

  5. Anonymous Coward
    Anonymous Coward

    AI will need a massive global investment...

    ...for cleaning up all the damage it will do.

    Think of the amounts of scams criminals will do with video's of people looking and sounding exactly like your demanding boss to wire money, or your son or daughter in peril needing cash to bail out of jail, or elderly people being called "by their kids" over whatsapp with the message that there is a bank run going on and they need to immediately transfer their life savings. Think you're smart enough to protect both yourself and your tech illiterate loved ones? Criminals only need to succeed once, find one weak spot or moment of weakness and trying a thousand times and hundreds of entirely different scams a month will get ever cheaper. Beaten to submission, taken cold when blinking even once.

    Think of the ease by which criminals will be able to automate even a half decent AI to try all know simple and less simple ways to hack every single bit of infrastructure, with much of todays infrastructure so poorly protected that it's even proven possible to block the largest vital oil pipelines in the States and so on. Sure, those networks should be far better protected already, but they have some amount of protection by the effort needed to try and find the (very) weak spots. Cheap AI will make short work of "some amount of protection by hiding holes in plain sight". With the plentiful weaknesses and holes found over the entire range from "high end" equipment, lousy programming of said equipment, lacking safety protocols, lack of understanding of safety by the majority of employees... it'll be unrealistic to keep ahead of the flood of hacking and extortion waves coming towards us. There are just too few skilled people if we tried to do so timely and the sense of urgency is still lacking.

    On top of that, much infrastructure has some sort of protection by the risk of criminals being detected when trying to spot weaknesses and hack it. Sure, many good hackers can get away with it but not millions of them. At millions renting "hacking and ransomware as a service" involving thousands of AI routines each, law enforcement is basically drowned so much that they won't be able to investigate one in a million of successful hacks. Sure it's a growing trend already, but AI will be rather good at one thing: offer a half decent service at pennies a piece.

    As to the climate problem? AI will solve that! After first letting global energy consumption skyrocket. Then maybe...

    It'll be like Bitcoin. Profit for a minority, at a cost for many. Unfortunately at a scale that will make us feel nostalgic about the good old days of Bitcoin that wasn't that bad and wasteful...

  6. Groo The Wanderer Silver badge

    How about you produce something is actually INTELLIGENT and has CONTEXT and UNDERSTANDING before you talk how much you want to spend building it out.

    LLMs are NOT "AI". They're statistically driven text barfers.

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