Sam Altman says Trump's Stargate will allow AGI to be built in the US and create hundreds of thousands of jobs
Jan 22, 2025 - businessinsider.com
President Donald Trump announced a new joint venture called Stargate, involving OpenAI, Oracle, and SoftBank, aimed at developing artificial general intelligence (AGI) in the United States. OpenAI CEO Sam Altman emphasized that Stargate, expected to invest up to $500 billion in AI infrastructure, could create hundreds of thousands of jobs in the US. Altman credited Trump for making the project possible and expressed optimism about its potential impact on both the US and the world. Despite the ambitious goals, Altman clarified that OpenAI is not on the verge of achieving AGI, urging people to temper their expectations.
In a related context, IMF Managing Director Kristalina Georgieva highlighted the uneven impact AI could have on the job market. She noted that while AI might enhance productivity for some jobs, it could also reduce labor demand and wages for others, potentially leading to job losses in extreme cases. Altman mentioned that AI agents could start joining the workforce by 2025, potentially transforming company outputs.
Key takeaways:
President Donald Trump announced Stargate, a joint venture between OpenAI, Oracle, and SoftBank, aimed at developing AGI in the US.
OpenAI CEO Sam Altman emphasized that Stargate could create hundreds of thousands of jobs and might not have been possible without Trump's support.
Altman clarified that OpenAI is not on the verge of achieving AGI, urging people to temper their expectations.
IMF Managing Director Kristalina Georgieva predicted that AI will have an uneven impact on the job market, with some jobs benefiting and others potentially disappearing.
