Elon Musk Twitter CEO (Image credit : Business Today)
Elon Musk doesn’t publicly apologize for his money-sucking tweets, which have been criticized for being cringe-inducing and outdated at best and antisemitic and nasty (if not libelous) at worst. The former CEO of both Twitter and Tesla hasn’t even acknowledged that masquerading as Wario in a courtroom made him feel embarrassed. However, in a sensational interview with CNBC that aired last night, Musk admitted to making a number of blunders, including some major ones related to his part in founding the business that became OpenAI, the creator of the revolutionary ChatGPT artificial intelligence system.
Musk, an OpenAI co-founder, left his board position in 2018, just as ChatGPT became the technology with the fastest adoption rate—possibly ever. Musk was focused on his own inventions—the self-driving car and the humanoid robot thingy, which still looks mostly robotic—but in the last year, Twitter, a $44 billion gift to himself, has diverted his attention. Running Twitter has proven to be more work than just enjoyable, as serial tweeter Musk reveals he may have paid more than $20 billion for the company, which has lost value while he has been in charge of it.
The saying “the grass is always greener on the other side of Silicon Valley” is true, but in Musk’s case, his decision to leave OpenAI cost him a significant sum of money and distanced him from the current tech hot topic. Musk did what he does best in his interview with CNBC’s David Faber and provided more of his opinions, this time about his decisions at OpenAI, what he disclosed is a former friendship with Larry Page of Google, and argues that his contribution to OpenAI’s success was crucial.
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Musk responds when questioned if he ought to own more of OpenAI considering how much money he put into the project, “I fully admit to being a huge idiot here.” Musk acknowledged that he may have overestimated the company’s potential for profitability, but he insisted that this was unavoidable. In 2019, not long after Musk left, the corporation changed its status from charity to for-profit, which also explains why he had a problem with Page.
“I am the reason OpenAI exists,” Musk insisted, adding that he poured roughly $50 million into the group, while lamenting, “man, fate loves irony next level.” “It wouldn’t exist without me,” he continued, telling Faber that he came up with the name and recruited key scientists and engineers such as Ilya Sutskever, OpenAI’s co-founder and chief scientist.