Sam Altman

So I should say the Wall Street Journal broke this story and the statement they gave to them was the text watermarking method we're developing is technically promising, but as important risks we're weighing while we research alternatives, we believe the deliberate approach we've taken is necessary given the complexities involved and its likely impact on the broader ecosystem. beyond open AI.

That is what they said. The Journal sort of made an alternate case, which is that if you can't use ChatGPT to cheat on your homework, you will stop paying the company $20 a month.

That is what they said. The Journal sort of made an alternate case, which is that if you can't use ChatGPT to cheat on your homework, you will stop paying the company $20 a month.

That is what they said. The Journal sort of made an alternate case, which is that if you can't use ChatGPT to cheat on your homework, you will stop paying the company $20 a month.

We did learn about Sam Altman's investment empire this year, thanks to some reporting in the Wall Street Journal. And they really dug into all of the stakes that he has in many startups and found that he controls at least $2.8 billion worth of holdings.

We did learn about Sam Altman's investment empire this year, thanks to some reporting in the Wall Street Journal. And they really dug into all of the stakes that he has in many startups and found that he controls at least $2.8 billion worth of holdings.

We did learn about Sam Altman's investment empire this year, thanks to some reporting in the Wall Street Journal. And they really dug into all of the stakes that he has in many startups and found that he controls at least $2.8 billion worth of holdings.

And he's used those holdings to create a line of debt, which he has from JPMorgan Chase, which gives him access to hundreds of millions of more dollars, which he can put into private companies. And why is this interesting? Well, one, that's kind of a pretty risky gamble to have a lot of your... net worth tied up in debt that you raised using your venture investments as collateral.

And he's used those holdings to create a line of debt, which he has from JPMorgan Chase, which gives him access to hundreds of millions of more dollars, which he can put into private companies. And why is this interesting? Well, one, that's kind of a pretty risky gamble to have a lot of your... net worth tied up in debt that you raised using your venture investments as collateral.

And he's used those holdings to create a line of debt, which he has from JPMorgan Chase, which gives him access to hundreds of millions of more dollars, which he can put into private companies. And why is this interesting? Well, one, that's kind of a pretty risky gamble to have a lot of your... net worth tied up in debt that you raised using your venture investments as collateral.

That's kind of like a rickety ladder of investments right there. But it also creates questions around what companies is OpenAI doing deals with? are those companies that Sam has investments in. Of course, Sam doesn't own equity in OpenAI right now, and so his own wealth is tied up in these investments.

That's kind of like a rickety ladder of investments right there. But it also creates questions around what companies is OpenAI doing deals with? are those companies that Sam has investments in. Of course, Sam doesn't own equity in OpenAI right now, and so his own wealth is tied up in these investments.

That's kind of like a rickety ladder of investments right there. But it also creates questions around what companies is OpenAI doing deals with? are those companies that Sam has investments in. Of course, Sam doesn't own equity in OpenAI right now, and so his own wealth is tied up in these investments.

And while nobody really thinks that Sam is doing any of this for the money, there was just kind of also this financial element to what we learned about him this year that I think raised some questions for people.

And while nobody really thinks that Sam is doing any of this for the money, there was just kind of also this financial element to what we learned about him this year that I think raised some questions for people.

And while nobody really thinks that Sam is doing any of this for the money, there was just kind of also this financial element to what we learned about him this year that I think raised some questions for people.

I essentially have the same view of his motivations. And I think the generous version of it is that he is in a long line of Silicon Valley entrepreneurs who thought they could use innovation to solve some of the world's biggest problems and that that is how they want to spend their lives.

I essentially have the same view of his motivations. And I think the generous version of it is that he is in a long line of Silicon Valley entrepreneurs who thought they could use innovation to solve some of the world's biggest problems and that that is how they want to spend their lives.

I essentially have the same view of his motivations. And I think the generous version of it is that he is in a long line of Silicon Valley entrepreneurs who thought they could use innovation to solve some of the world's biggest problems and that that is how they want to spend their lives.

I think the less generous version of it is that this person coming out of that tradition found himself working on this technology that could essentially be like the technology that ends all other technologies. Because if the thing works out, the thing you've created just creates all other innovation automatically for the rest of time. And that...