Profit, not progress, animates the tech world


November 21, 2023

the japan times

The firing last week of Sam Altman, the charismatic chairman of OpenAI, stunned the tech world — and just about everyone else who is paying attention to artificial intelligence.

OpenAI developed ChatGPT, the artificial intelligence application that conquered the world after just a few months, and Altman had become the face of AI since its release last winter.

His firing was announced by the company on Friday, which said that it had “concluded that he was not consistently candid in his communications with the board, hindering its ability to exercise its responsibilities.”

...

Andreessen’s techno-optimism dismisses and derides that sort of intervention and urges the world to trust innovators and entrepreneurs. Dave Karpf, a professor at George Washington University, offers a scorching rebuttal, one that focuses not on the tech barons’ lofty ambitions, but their track record.

“Trust in the markets and the markets shall provide. ... What we’ve been left with is the largest wealth gap since the 1920s. ... Andreessen and his buddies have now amassed so much wealth that they can accidentally set off a bank run through a WhatsApp text message chain. That’s bad.” (He’s referring to the Silicon Valley Bank collapse.)

Read the full article in The Japan Times.