AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Snipd AI
This podcast explores the clash between capital and ideals in Open AI, the conflict between profit and altruism in companies, the decline of the ESG movement, the challenges of changing immoral conduct in business, and the importance of incentives and accountability for success.
Read more
AI Summary
Highlights
AI Chapters
Episode notes
Podcast summary created with Snipd AI
Quick takeaways
- Capital often overpowers altruistic missions, as seen in Open AI's transformation into a for-profit company.
- ESG investing is more about branding than substantial change, with average returns and higher expense ratios.
Deep dives
The Collapse of Open AI's Altruistic Mission
Open AI, founded with the mission to invent transformative technology and give it away for free, saw its ideals crushed when it took a billion-dollar investment from Microsoft and transformed into a for-profit company. This highlights the clash between capital and ideals, with capital ultimately smothering even the most altruistic missions. It also serves as a lesson on the decline of ESG investing, which purports to prioritize environmental, social, and governance concerns but often falls short in practice.
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode