OpenAI’s Sam Altman Rejects Government Bailouts for AI Companies
Sam Altman, CEO of OpenAI, has dismissed the notion that AI firms should rely on government bailouts. He argues that taxpayers should not bear the burden of rescuing companies that fail due to poor business decisions. "Governments should not pick winners or losers," Altman stated, emphasizing market-driven competition in the AI sector.
While opposing bailouts, Altman acknowledged that governments might consider building their own strategic AI infrastructure. Such initiatives could serve as a national reserve of computing power, ensuring control over critical resources without subsidizing private enterprises. The remarks came in response to concerns about artificial demand generation by some AI projects.