Loading... Please wait...

UFC Owner Goes After Sam Altman and OpenAI: “You’re A Conman!”

By Stocks News   |   Jul 2, 2024 at 11:31 AM EST   |   Stock Market News
UFC Owner Goes After Sam Altman and OpenAI: “You’re A Conman!”

At the Aspen Ideas Festival, Ari Emanuel, the bossman behind Endeavor, which owns the UFC and WWE, decided it was high time to drop some verbal bombs aimed squarely at Sam Altman.


(Source: MMA Fighting)

He started off with a classic Elon Musk story. Musk apparently once quipped to Emanuel, "Hey Ari, think of your relationship with AI like being the dog to its master." Not exactly a flattering comparison, right?

But Emanuel didn't just settle for metaphors; he delved into Altman's past like a fighter trying to sell a title fight. You see, apparently back in the Loopt days, Altman allegedly faced a critical moment in a major negotiation. Here’s the kicker: Altman supposedly corralled a gaggle of buddies to hang out in their offices during the big meeting. These weren't just supportive friends—they were pretending to be Loopt's bustling team, talking deals with other big players like they owned the joint.

Lo and behold, the stunt apparently worked like a charm. The company across the table saw Loopt as a hot ticket with fingers in all the pies, eager to ink the deal and get on board.

Now, some might call this a slick maneuver, but Emanuel isn't exactly sold. "Calling him a conman isn't just my take," he quipped. "Elon gave him a boatload of cash—it was supposed to be nonprofit, now it's all about the Benjamins. I don't know why anyone's buying into this circus."


(Source: Forbes)

And speaking of circuses, within OpenAI, it's been a real sideshow—broken promises, shady dealings, and more twists than the Golden Bachelor. Altman's leadership style could have its own sitcom, but the kicker? He got shown the exit by AI itself. Talk about being outsmarted by the very technology you championed. Irony much?

But Emanuel isn't just here to skewer Altman. He's got a point: with AI evolving faster than the hawk tuah girl on social media, shouldn't we be cautious about where this techno-rollercoaster is headed? We want smarter algorithms, sure, but someone needs to keep an eye on this and make sure it doesn’t get out of hand.

As CEO of Endeavor, Emanuel isn't a mere spectator in the tech revolution; he's front and center, waving caution flags. "We need AI," he insists, "but let's not forget the guardrails. If we let these digital trends run amok without checks, who knows what kind of mad science experiment we'll end up with?" Maybe he’s been listening to Joe Rogan podcasts too much… but I have to agree with him, he has a point.


(Source: Yahoo Finance)

The government is all about controlling just about every other sector on the planet… Why are they waiting so long to put some sanctions on AI, the very technology that could be humanity’s biggest threat? As Kanye West famously said, “I guess we’ll never know.”

Stocks.News does not have positions in companies mentioned.

Did you find this insightful?

Disclaimer: Information provided is for informational purposes only, not investment advice. We do not recommend buying or selling stocks. Stock price discussions are based on publicly available data. Readers should conduct their own research or consult a financial advisor before investing. Owners of this site have current positions in stocks mentioned thru out the site, Please Read Full Disclaimer for details Here https://app.stocks.news/page/disclaimer

More news to read

×
New Alert

Select an alert type

Choose sentiment spike or mentions spike or both to receive email alerts and app notification for the selected stock.
Note: Please be aware that you will receive an email only once a day, around 8:00 AM (EST), in the event of any spike.
In future if you don't want to receive any email then delete stocks added into alert section.

New Alert

Setup alert

×

Log In


or

Continue with Google Continue with Apple

Email Verification

An email with a verification code has been sent to your email address.

Welcome to StockNews!

Create Your Account

Email Verification

An email with a verification code has been sent to your email address.