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    Home»Money»Sam Altman Says Elon Musk Will Do “Right Thing” With Political Power
    Money

    Sam Altman Says Elon Musk Will Do “Right Thing” With Political Power

    Press RoomBy Press RoomDecember 4, 2024No Comments3 Mins Read
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    • Sam Altman offered some kind words for his OpenAI cofounder Elon Musk.
    • Altman and Musk have been embroiled in a legal dispute for the better part of a year.
    • The OpenAI CEO said he believes Musk will not abuse his new political influence.

    It seems like at least one-half of technology’s hottest feud is offering an olive branch.

    Sam Altman, the CEO and cofounder of OpenAI, had mostly positive words at Wednesday’s DealBook Summit for Elon Musk, his OpenAI cofounder and current competitor.

    “I grew up with Elon as a mega hero. I thought what Elon was doing was absolutely incredible for the world,” Altman told DealBook founder Andrew Ross Sorkin.

    “Of course, I have different feelings about him now, but I’m still glad he exists,” he added. “Not just because I think his companies are awesome, which I do think, but because I think, at a time when most of the world was not thinking very ambitiously, he pushed a lot of people, me included, to think much more ambitiously.”

    Despite what Altman characterized as his “different feelings,” he still believes Musk will do the right thing given his new proximity to political power as Donald Trump’s advisor.

    “I believe pretty strongly that Elon will do the right thing,” Altman said. “It would be profoundly un-American to use political power, to the degree that Elon has it, to hurt your competitors and advantage your own businesses.”

    “I don’t think Elon would do it,” he added. “It would go so deeply against the values I believe he holds very dear to himself.”

    Musk seemed to appreciate the comment — liking a post on X that included Altman’s quote.

    The pair have been battling it out both in court and online for the better part of two years, but their troubles go back to 2018 when Musk stepped down from OpenAI’s board after the company reportedly rejected his offer to run the company and he pulled future funding.

    After a series of jabs — with Altman’s being more mild-mannered — Musk sued OpenAI and Altman in March, alleging that the company’s transition to a “capped-profit” entity and its partnership with Microsoft was in opposition to its founding as an open-sourced nonprofit.

    Musk dropped the OpenAI suit in June, reportedly after he met Altman on the sidelines of a technology conference in Big Sky, Montana. The pair shared a hug after speaking, The Wall Street Journal said. However, Musk filed a new suit a couple of months later, claiming he was “deceived” into cofounding the firm. Last month, he amended the lawsuit to add Microsoft as a defendant.

    “OpenAI has attempted to starve competitors of AI talent by aggressively recruiting employees with offers of lavish compensation, and is on track to spend $1.5 billion on personnel for just 1,500 employees,” lawyers for Musk said in the complaint.

    Since Trump won the US presidential election, people close to Musk have said he “despises” Altman, the Journal also reported. It said that Altman’s attempts to contact the president-elect through friends or business associates have been sometimes unsuccessful because they knew his entreaties would be unwelcome to Musk.

    Musk has skin in the game. His own artificial intelligence company, xAI, which could compete with OpenAI, was recently valued at $50 billion, just 16 months after it was founded. OpenAI was last valued at $157 billion in October.

    Altman, for one, didn’t seem surprised about xAI’s swift success.

    When asked by Sorkin if he’d expected xAI to be a serious competitor, Altman was resolute: “Yes.”

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