OpenAI has reportedly lost a half billion dollars due to server expenses from its AI chatbot, ChatGPT. The company is investing heavily in AI models and expecting a $200 million revenue in 2021. To sustain these losses, OpenAI plans to raise up to $100 billion with Microsoft's $10 billion investment. Led by Sam Altman, OpenAI focuses on advancing technology in a way that benefits humanity.
OpenAI, an AI chatbot provider, is in hot water for paying its US contract workers a meager wage for vital data labeling tasks. Despite the immense importance of these jobs for the AI industry, workers are not receiving due compensation. Alexej Savreux, a laborer from Kansas City, highlights this injustice. On top of that, the company was previously outsourcing its moderation tasks to African contractors for a shockingly low pay. The need for proper pay for AI laborers has to be taken seriously.
. OpenAI, founded in 2015 by tech icons Elon Musk and Sam Altman, is a research organization dedicated to unlocking the potential of artificial intelligence. In a recent Stripe-sponsored chat, Altman gave his opinion about remote work, which he believes is a mistake for the tech industry. A WEF survey of global executives show 57% agree hybrid remote and in-person is the the most suitable solution. Altman currently serves as the CEO of OpenAI, and is also a tech investor, board member at Stripe, Zynga, Ripple, etc.
ChatGPT is an OpenAI software created in only half a year and is used regularly by individuals and companies to answer questions and increase productivity. It can do a range of tasks, from providing simple recipes to crafting comprehensive research papers, helping make work easier. StackSocial has a great offer currently on 4 ChatGPT training courses worth $800, discounted to just $30. Don't miss out!
Sam Altman, CEO of OpenAI, recently discussed the "biggest mistakes of the tech industry" at a Stripe fintech conference, noting that tech is still insufficient to enable proper remote work, especially in startups. He highlighted the issue of moonlighting and how it affects product development. Meanwhile, IBM's Arvind Krishna noted that those who don't come into the office will struggle to get promoted. With OpenAI and YCombinator, Altman seeks to benefit humanity through investments in businesses and initiatives.
Explore the evolution of tech policy from Obama's optimism to Harris's vision at the Democratic National Convention. What's next for Democrats in tech?