Governance of Superintelligence | OpenAI proposes measures for safe AI development.

regulation.

Now, this could be bad.

There are a lot of people who are very cynical about what's about to happen.

So full disclaimer, I don't think this is what's happening necessarily, and that is regulatory capture.

This is something that unfortunately happens in the US.

In a nutshell, this is where large companies use regulations of the US government to their advantage.

They know more about the industry than the regulators, so they influence the regulators to make laws in their favor.

They place burdens on smaller companies that the larger companies are able to afford and the small ones cannot.

The companies that are talking to the politicians have a lot of connections in Washington, DC, and they have a lot of influence that others that try to enter the space may not have.

Similar to how weapon companies influence foreign policy, drug companies influence the FDA, the fear is that AI companies will use this new government agency as the moat that they're missing to keep others out of the AI development game.

So there's this one theory that Sam Altman could be pushing for regulation, not because of his stated mission to bring the best of AI to everybody and to bring it safely, but rather because of how far OpenAI is, and basically that calling for regulation now could get him into the inner circle of people that are making those regulations.

In fact, one of the congressmen did ask if he wanted to be their advisor, the person actually in charge of making some of these decisions, which to his credit, Sam Altman did say that he was far too busy.

But people are questioning if this is an example of Sam Altman kind of pulling up the ladder, so to speak, meaning that now that he was able to spin up his AI model that is very effective, he's trying to get the regulations going and make sure that others can't get to that level.

Now, I don't believe that's his goal.

That's just my opinion.

Certainly, if his goal was to become one of the richest people in the world, this would be the playbook to make that happen.

If you and a few other players hold the key to a massive disruptive technology like this, and then you're able to get the government to basically outlaw any future competitors, at this point, OpenAI would grow to become as large as the other tech giants.

It would cross the trillion-dollar mark and keep going.

Sam Altman does, however, seem to keep pushing repeatedly for something that appears to be more aligned with his stated goals, more so than just with his net worth.

Keep in mind, he does not have equity in OpenAI.

He limited how much money he could make from OpenAI, and he limited how much the investors could make.

Now, they did grant a 49% stake to Microsoft that is limited, and those shares do revert back to OpenAI, OpenAI's nonprofit arm, once, once Microsoft makes the investment back.

And Microsoft does stand to make a lot of money from this, and also gets a transparent look into how OpenAI runs, how GPT-4 runs.

But still, they're sticking with their mission of trying to be more aligned with nonprofit principles.

Now, all these decisions have been criticized and questioned, but it does seem like Sam Altman is trying really hard to avoid making billions of dollars.

regulation.

Now, this could be bad.

There are a lot of people who are very cynical about what's about to happen.

So full disclaimer, I don't think this is what's happening necessarily, and that is regulatory capture.

This is something that unfortunately happens in the US.

In a nutshell, this is where large companies use regulations of the US government to their advantage.

They know more about the industry than the regulators, so they influence the regulators to make laws in their favor.

They place burdens on smaller companies that the larger companies are able to afford and the small ones cannot.

The companies that are talking to the politicians have a lot of connections in Washington, DC, and they have a lot of influence that others that try to enter the space may not have.

Similar to how weapon companies influence foreign policy, drug companies influence the FDA, the fear is that AI companies will use this new government agency as the moat that they're missing to keep others out of the AI development game.

So there's this one theory that Sam Altman could be pushing for regulation, not because of his stated mission to bring the best of AI to everybody and to bring it safely, but rather because of how far OpenAI is, and basically that calling for regulation now could get him into the inner circle of people that are making those regulations.

In fact, one of the congressmen did ask if he wanted to be their advisor, the person actually in charge of making some of these decisions, which to his credit, Sam Altman did say that he was far too busy.

But people are questioning if this is an example of Sam Altman kind of pulling up the ladder, so to speak, meaning that now that he was able to spin up his AI model that is very effective, he's trying to get the regulations going and make sure that others can't get to that level.

Now, I don't believe that's his goal.

That's just my opinion.

Certainly, if his goal was to become one of the richest people in the world, this would be the playbook to make that happen.

If you and a few other players hold the key to a massive disruptive technology like this, and then you're able to get the government to basically outlaw any future competitors, at this point, OpenAI would grow to become as large as the other tech giants.

It would cross the trillion-dollar mark and keep going.

Sam Altman does, however, seem to keep pushing repeatedly for something that appears to be more aligned with his stated goals, more so than just with his net worth.

Keep in mind, he does not have equity in OpenAI.

He limited how much money he could make from OpenAI, and he limited how much the investors could make.

Now, they did grant a 49% stake to Microsoft that is limited, and those shares do revert back to OpenAI, OpenAI's nonprofit arm, once, once Microsoft makes the investment back.

And Microsoft does stand to make a lot of money from this, and also gets a transparent look into how OpenAI runs, how GPT-4 runs.

But still, they're sticking with their mission of trying to be more aligned with nonprofit principles.

Now, all these decisions have been criticized and questioned, but it does seem like Sam Altman is trying really hard to avoid making billions of dollars.