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[News] Sam Altman on OpenAI’s Business model

Here is Sam Altman, CEO of OpenAI, talking about their business model (31:26 – 32:13)

https://youtu.be/TzcJlKg2Rc0?t=1886

When asked about how the business model is going to work, he replies:

“The honest answer is that we have no idea. We have never made any revenue. We have no current plans to make revenue. We have no idea about how we may one day generate revenue. We have made a soft promise to investors that once we build this sort-of generally intelligent system, basically we will ask it to figure out a way to generate an investment return.”

submitted by /u/thebusinessmodel
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Toronto AI is a social and collaborative hub to unite AI innovators of Toronto and surrounding areas. We explore AI technologies in digital art and music, healthcare, marketing, fintech, vr, robotics and more. Toronto AI was founded by Dave MacDonald and Patrick O'Mara.