OpenAI CEO Sam Altman believes that upcoming advancements in artificial intelligence (AI) will be more impactful than people anticipate. In an interview at the New York Times’ DealBook Summit, Altman shared his predictions for the industry’s future, highlighting both opportunities and challenges.
Altman expects to see the first examples of artificial general intelligence (AGI) by 2025, which would enable AI systems to tackle complex tasks similar to those performed by humans. While initial AGI developments will have limited effects, they will eventually become more significant. This shift is likely to lead to job displacement and changes in industries such as manufacturing, customer service, and journalism.
Altman acknowledged the need for new economic models that compensate creators and others displaced by AI systems. He suggested refundable tax credits or dividends similar to those found in existing programs, which would ensure the wealthy share the benefits of AI advancements.
As AGI becomes more prevalent, Altman warned about the potential for increased income inequality, where companies owning AI technology hold significant economic power while others struggle to find new employment opportunities. This could lead to a widening gap between rich and poor, making it harder for individuals to improve their lives.
To address these concerns, experts like Ian Crosby, partner at Susman Godfrey, emphasized that copyright law already exists to protect creators’ rights. New technologies can be developed while respecting the law and its intent.
OpenAI has recently received significant funding from investors, including Microsoft and Nvidia, valuing the company at $157 billion. The San Francisco-based firm has expanded rapidly, with over 1,700 employees hired this year alone. Altman expressed enthusiasm for his favorite product, an internet search tool, which he believes has transformed his online experience.
While some critics have questioned OpenAI’s business practices and Altman’s claims, the company remains committed to advancing AI technology that can benefit society as a whole.
Source: https://variety.com/2024/biz/news/openai-sam-altman-superintelligence-dealbook-1236234815