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Elon Musk Podcast

Sam Altman Is All-In on UBI - But with AI generated money?

May 13, 2024
OpenAI CEO Sam Altman discusses the concept of universal basic compute, extending the idea of universal basic income to provide computational resources to individuals. These resources could be used, sold, or donated for causes like cancer research, potentially reshaping socioeconomic structures by valuing compute power.
07:12

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Podcast summary created with Snipd AI

Quick takeaways

  • Sam Altman proposes 'universal basic compute' to provide individuals with AI computational resources, potentially transforming socioeconomic structures.
  • Altman advocates for universal basic income as a solution to address AI risks and societal challenges, emphasizing the need for international regulatory oversight.

Deep dives

Innovative Concept of Universal Basic Compute

Sam Altman explores the concept of 'universal basic compute,' which extends the idea of universal basic income by providing individuals with a share of computational resources from AI systems like GPT-7. This novel approach aims to empower individuals economically by granting them ownership over a portion of AI's computational power. Altman's proposal envisions individuals benefiting from AI advancements by having a stake in its productivity, potentially reshaping traditional economic models. Through this initiative, Altman seeks to redefine socioeconomic structures by making compute power a valuable asset.

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