Altman’s power – The daily blog of behavioral and cognitive economics

OpenAI Takes Its Mask Off

There’s a story about Sam Altman that has been repeated often enough to become Silicon Valley lore. In 2012, Paul Graham, a co-founder of the famed start-up accelerator Y Combinator and one of Altman’s biggest mentors, sat Altman down and asked if he wanted to take over the organization. The decision was a peculiar one: Altman was only in his late 20s, and at least on paper, his qualifications were middling. He had dropped out of Stanford to found a company that ultimately hadn’t panned out. After seven years, he’d sold it for roughly the same amount that his investors had put in. The experience had left Altman feeling so professionally adrift that he’d retreated to an ashram. ….[READ]