OpenAI boss Sam Altman met with New York Metropolis enterprise leaders at a closed-door occasion on Tuesday — and talked up synthetic intelligence’s potential to jumpstart town’s economic system, The Put up has discovered.
Altman, whose agency lately secured a $300 billion valuation, was interviewed by Hearst CEO Steven Swartz for about 45 minutes on the fireside-chat fashion occasion and laid out his view about how AI would quickly progress over the subsequent three years, sources advised The Put up.
The high-profile visitor listing on the occasion, which was hosted by the Partnership for New York Metropolis, included billionaire KKR cofounder Henry Kravis, Tishman Speyer CEO Rob Speyer, Associated Firms CEO Jeff Blau and PFNYC boss Kathy Wylde, the sources mentioned.
When reached for remark, the Partnership for New York Metropolis confirmed that 100 of its members have been in attendance to listen to Altman.
“[Altman] projects that New York will see enormous economic benefits from leading in AI, so long as the state continues to embrace the rapidly changing AI sector and does not seek to over-regulate it,” the group mentioned in an announcement.
“He described the importance of educating students and the workforce on how to use AI tools to enhance their own performance and take advantage of the improvements in quality of life that AI can help them achieve,” the assertion added.
OpenAI’s chief economist Ronnie Chatterji was additionally available and gave a presentation on AI’s potential to spice up productiveness within the workforce.
OpenAI didn’t instantly return a request for remark.
Alongside Altman’s speech, OpenAI additionally shared an financial report on its enterprise ties to New York whereas touting town’s potential to “become a global capital of the Intelligence Age, with artificial intelligence generating significant revenue, jobs and growth.”
“Even in moderate forecasts, economists estimate that AI could raise productivity growth by a few percentage points,” mentioned the report, a replica of which was obtained by The Put up.
“If the US economy were to grow just 1 percentage point faster every year, compounded over a decade, we’d be nearly $3 trillion richer – more than the annual GDP of New York State,” the report added.
OpenAI’s report touted excessive ranges of AI adoption in New York. The state ranks second within the nation by way of the variety of builders presently constructing utilizing OpenAI’s AI framework, trailing solely California, in accordance with the report.
The corporate mentioned it has extra workers at its SoHo workplace than at some other bodily location outdoors of its San Francisco headquarters and has “room to triple in size” in NYC.
New York Metropolis additionally ranks as OpenAI’s high market on the earth by lively enterprise customers of its know-how, with Morgan Stanley, Financial institution of New York Mellon, the Icahn College of Medication at Mount Sinai and Oscar Well being amongst its clients.
On a shopper stage, New York ranks third within the nation behind California and Texas for weekly lively customers of its ChatGPT chatbot.