Altman's ambitious plan includes building semiconductor fabrication units (fabs) that cost about $20bn each and take four or more years to commission and become productive. Despite the enormity of this task, many in Silicon Valley view Altman as a genius. Altman believes that AI technology could fix many of the world's problems, including economic growth, healthcare, productivity, education, and the climate crisis. However, this would require vast amounts of data and computational power.
Key takeaways:
- Sam Altman, the former CEO of OpenAI, was reinstated after being fired, causing a stir in the tech world.
- Altman's company, OpenAI, is reportedly moving away from its previous stance against the military use of its technology.
- Altman is seeking up to $7tn for the business of chips and AI, a sum close to a third of the US GDP and its federal budget for 2022.
- Despite the seemingly outrageous aspirations, many in Silicon Valley view Altman as a genius, attributing this to the belief in technocracy and the potential of AI to solve global issues.