OpenAI CEO's Original Revenue-Making Plan Made Everyone Laugh: 'Sounds Like An Episode Of Silicon Valley'

OpenAI’s co-founder and CEO Sam Altman‘s original business plan was so cheeky and evident that it sounds like something straight out of a Silicon Valley episode. 

What Happened: In a 2019 interview with TechCrunch, Altman said that his business plan was to build an intelligent system and then ask it to come up with a plan to generate returns for investors. 

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When asked about OpenAI’s revenue plans and how it will provide investors with investment returns, Altman said at the time, “We have no current plans to make revenue. We have no idea how we may one day generate revenue.” 

“We have made a soft promise to investors once we have built this general intelligence system. Basically, we’ll ask it to figure out a way to generate investment returns for you.”

When the audience started laughing at his answer, which he gave with a poker face, Altman said, “It sounds like an episode of Silicon Valley. It really does. You can laugh, it’s alright.” 

Why It’s Important: Altman’s throwback interview video is receiving praise from netizens who believe chatGPT‘s parent company OpenAI has come a long way since 2019. 

Microsoft Corporation recently shared a new multiyear, multibillion-dollar investment with OpenAI. The tech giant is investing $10 billion in chatGPT-maker following its previous investments in 2019 and 2021. 

The fast-emerging company grabbed eyeballs courtesy of its AI-powered chatbot called chatGPT and image generator DALL-E 2. 

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