Sam Altman is back on the conference circuit and touting AI's benefits to humanity, days after regaining the lead at the world's best-known artificial intelligence startup.
05.12.2023 - 08:22 / tech.hindustantimes.com / Sam Altman / Ai
Artificial intelligence (AI) has become the buzzword of 2023, with the world's biggest companies launching their suite of AI services not just for consumers, but for businesses as well. While AI technology has been growing for some time, it is safe to say that this revolution really kicked off when OpenAI launched its AI chatbot ChatGPT in November 2022. Since then, rapid advancements have taken place in the field, with companies like Microsoft and Google releasing their AI services. AI for business has also become highly sought after, with companies leveraging the new tech to grow their business and offer more services to consumers. However, OpenAI Chief Operating Officer Brad Lightcap thinks this technology is overhyped. He also revealed some details about the shock resignation and the eventual return of CEO Sam Altman.
In an interview with CNBC, Lightcap was asked about the most overhyped and underhyped aspects of AI. Talking about the former, Lightcap said that AI won't “deliver substantive business change”. Expanding on the same, the OpenAI COO said that businesses who wish to cut costs or grow their revenue can't solely depend on AI as it won't solve the problem in full. AI technology is still in its infancy and is evolving, Lightcap said.
On the other hand, the most underhyped aspect of AI is the individual empowerment it provides to the end user, according to Lightcap. AI tools allow users to do things they couldn't before.
OpenAI recently revealed that 92 percent of Fortune 500 companies had adopted ChatGPT. Lightcap was asked about what the remaining 8 percent industries could be, and the OpenAI COO thinks it could be heavy machinery industries or capital-intensive industries such as oil and gas which are more centered around production and less around services. These haven't adopted ChatGPT yet.
OpenAI has been through somewhat of a rollercoaster in the last few weeks, with the board ousting CEO Sam Altman, then Altman joining Microsoft, before finally being back at OpenAI while the board stepped down. Lightcap was asked about how it would change things at the company, and the OpenAI CEO doesn't expect “any day-to-day change”. Lightcap said that the company's mission remains the same, and the events of the last few weeks have brought the company together “in a way that is hard to describe.”
Sam Altman is back on the conference circuit and touting AI's benefits to humanity, days after regaining the lead at the world's best-known artificial intelligence startup.
This is not investment advice. The author has no position in any of the stocks mentioned. Wccftech.com has a disclosure and ethics policy.
In a recent turn of events, Sam Altman, co-founder of OpenAI, has reclaimed his position as the CEO of OpenAI after a tumultuous episode involving his shocking initial dismissal and subsequent reinstatement. The lingering question that has stayed in many people's minds is the reason behind this unexpected sequence of events. During an interview with The Verge, Altman addressed this query and more. While refraining from disclosing the initial cause of his dismissal, he expressed his joy at rejoining the company. Altman emphasised that the matter is still under investigation, urging that such questions should be directed to the OpenAI board rather than himself.
OpenAI has been through a lot of dramatic changes over these past few weeks with the board members firing the company CEO Sam Altman. While the feud did not last long and Altman eventually made his way back as OpenAI CEO, the company has made significant changes in their board with three new members and Microsoft is also getting a seat on the board, however, as a silent member. Check Microsoft's role in the OpenAI board and how it will function to ensure the company's success.
The five-day drama, which showcased the firing of OpenAI CEO Sam Altman and then reinstating him as the company’s Chief Executive, is just another example of how haywire the realm of Silicon Valley can be. However, Altman’s firing was not due to him maintaining a rebellious attitude with the board but due to an AI breakthrough discovery by OpenAI researchers that could potentially be dangerous to humanity.
It's been quite a week for ChatGPT-maker OpenAI — and co-founder Sam Altman.
Unlike Google, Facebook and other tech giants, the company behind ChatGPT was not created to be a business. It was set up as a nonprofit by founders who hoped that it wouldn't be beholden to commercial interests.
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It's time to “get back to shipping” products, a senior OpenAI manager told staffers Tuesday, part of an effort to get the company focused on developing software and forging partnerships instead of the will-he-won't-he drama over whether Sam Altman, summarily fired by the board Friday, will return to the chief executive officer role.
Sam Altman and members of the OpenAI board have opened negotiations aimed at a possible return of the ousted co-founder and chief executive officer to the artificial intelligence company, according to people with knowledge of the matter.
This is not investment advice. The author has no position in any of the stocks mentioned. Wccftech.com has a disclosure and ethics policy.
Following a surprise ouster, OpenAI co-founder and former CEO Sam Altman joined Microsoft as the head of artificial intelligence research along with the ChatGPT maker's former President Greg Brockman and other staff. The developments come less than a year after OpenAI kicked off the generative AI frenzy with the launch of viral chatbot ChatGPT and bagged Microsoft as an investor, among other big names.