Elon Musk, Sam Altman and the Cult of the Founder 6/4/24
TechCheck
CNBC
4.5 • 66 Ratings
🗓️ 4 June 2024
⏱️ 7 minutes
🧾️ Download transcript
Summary
Transcript
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| 0:00.0 | Elon Musk now responding to that story from cnbec.com and confirming that he diverted |
| 0:04.9 | AI chips away from tesla posting on X that quote |
| 0:08.4 | Tesla had no place to send the invidious chips to turn them on so they would have just sat in a warehouse. |
| 0:14.0 | For today's tech check, dear Djibosa is looking at how Elon Musk isn't the only CEO |
| 0:18.6 | with Side Ventures under scrutiny. |
| 0:20.6 | Hi Dee. |
| 0:21.6 | Hey Mike, there are no two CEOs that better represent the cult of the founder than |
| 0:25.8 | Elon Musk and Sam Altman. Altman's sprawling empire also raising questions of side |
| 0:30.4 | dealing conflicts of interest, the safe development of generative AI. |
| 0:34.2 | This morning a group of open AI insiders published an open letter calling for AI companies |
| 0:38.9 | including open AI to be more transparent and implement better protections for |
| 0:43.2 | whistleblowers. Last week we finally heard from one of the former |
| 0:46.7 | open AI board members that pushed Altman out of the company last November. |
| 0:50.9 | Helen Toner explaining that one reason the board lost trust in him was his failure to tell |
| 0:56.0 | them that he owned the Open AI startup fund. |
| 1:00.0 | And that's just one of his investment vehicles. |
| 1:01.7 | There are at least three others with investments in more than 125 companies, according to |
| 1:06.3 | Pitchbook. |
| 1:07.3 | As the journal reports, a growing number of them do business with Open AI itself, either |
| 1:12.1 | as customers or as major business partners, putting |
| 1:14.9 | Altman on both sides of the deal. Now at a public company, that's a problem. The |
| 1:19.4 | best deal for shareholders should be the one taken. |
... |
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