Do We Get the $100 Trillion AI Windfall? Sam Altman’s Plans, Jobs & the Falling Cost of Intelligence

Sam Altman predicted this week that OpenAI could capture up to $100 trillion of the world's wealth. But what are his plans for OpenAI to distribute that wealth? I analyse all three plans, cover his financial stake, his case for UBI, a science org and the American Equity Fund. From papers and interviews released in recent days, I go over his predictions for massive inequality, which jobs will be impacted most, what tasks OpenAI thinks will be automated, recent surveys of business leaders and their plans to use ChatGPT for job replacement, the Goldman Sachs job analysis and which jobs Altman thinks will be hit first (customer service). I also cover two recent productivity experiments to test the impact of GPT models and the YouGov survey on stopping it all. President Biden weighs in, Levi's gets backlash, Wired thinks human work has a chance and Sam reveals his back-up plan to use AGI to solve AGI's problems. NYT Altman Plans: https://www.nytimes.com/2023/03/31/technology/sam-altman-open-ai-chatgpt.html WSJ piece on Altman: https://www.wsj.com/articles/chatgpt-sam-altman-artificial-intelligence-openai-b0e1c8c9 Strictly VC interview: https://www.youtube.com/watch?v=ebjkD1Om4uw&t=350s Altman UBI: https://twitter.com/sama/status/1521939983673659392 Techcrunch UBI: https://techcrunch.com/2023/02/21/the-non-profits-accelerating-sam-altmans-ai-vision/?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAABrvoC-VT5Tq17g7IGo-RzdxAjrhn0J_XSKW39BWUUiAqyv_255bToPEhUVluxzteG1R7Iv57IjRAdG8h7q2mSPSlPmlXgGKB7gEH83oWnM7bHxSwIQ6HEXAFxtNTp_tKuCV7wVol3yYRY8f1VsBmGGFKlv7vAg6NcDqGU1FHWzX Altman Blog: https://moores.samaltman.com/ Altman Fridman: https://www.youtube.com/watch?v=qof80Sy3__8 Altman Greylock: https://www.youtube.com/watch?v=WHoWGNQRXb0 Altman 'Get Rich' Tweet: https://twitter.com/sama/status/1625186078599811072?lang=en GPTs are GPTs: https://arxiv.org/pdf/2303.10130.pdf Sutskever Fridman: https://www.youtube.com/watch?v=13CZPWmke6A&t=3945s ResumeBuilder Survey: https://www.resumebuilder.com/1-in-4-companies-have-already-replaced-workers-with-chatgpt/ Goldman Sachs Analysis: https://app.box.com/s/1gci1adaueg3i5ajsin3gg62rm7b00h4 GPT 4 Technical Report: https://arxiv.org/pdf/2303.08774.pdf Altman AI Field Notes: https://www.youtube.com/watch?v=tPJIpx3KscY Github Experiment: https://github.blog/2022-09-07-research-quantifying-github-copilots-impact-on-developer-productivity-and-happiness/ White Collar Experiment: https://economics.mit.edu/sites/default/files/inline-files/Noy_Zhang_1.pdf YouGov Survey: https://today.yougov.com/topics/technology/survey-results/daily/2023/04/03/ad825/2 Biden AI Tweet: https://twitter.com/POTUS/status/1643359035398184960 Levis AI Models: https://www.theverge.com/2023/3/27/23658385/levis-ai-generated-clothing-model-diversity-denim Altman UBI Fridman: https://www.youtube.com/watch?v=_yfQrtKjtH4 Wired AI Art: https://www.wired.com/story/art-artificial-intelligence-history/ https://www.patreon.com/AIExplained Non-Hype, Free Newsletter: https://signaltonoise.beehiiv.com/