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You are at:Home » OpenAI CEO Sam Altman Says Democrats Lost The Plot As They No Longer Support Innovation Or Entrepreneurship: ‘Now I Am Politically Homeless’
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OpenAI CEO Sam Altman Says Democrats Lost The Plot As They No Longer Support Innovation Or Entrepreneurship: ‘Now I Am Politically Homeless’

News RoomNews RoomJul 5, 2025 1:45 am EDT0 ViewsNo Comments2 Mins Read
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OpenAI CEO Sam Altman revealed dissatisfaction with the Democratic Celebration, stating it no longer lines up with the pro-innovation worths he as soon as shared, leaving him “politically homeless.”

What Took Place: Altman, 40, published on X on Friday, commemorating America while sharing his disappointments with today’s political environment.

” I am very happy to be an American,” he composed, including, “I securely think this is the best nation ever in the world,” before slamming Democrats for drifting far from a culture of entrepreneurship.

” I think in techno-capitalism. We ought to motivate individuals to make lots of cash and after that likewise discover methods to commonly disperse wealth and share the intensifying magic of commercialism,” Altman stated.

See Likewise: Microsoft, Rivian, Intel Slash Jobs In June Tech Layoff Spree

” One does not work without the other; you can not raise the flooring and not likewise raise the ceiling for long.”

Altman, whose AI business powers ChatGPT, regreted that the Democrats as soon as welcomed those perfects however “have actually moved elsewhere at this moment.”

” So now I am politically homeless,” he stated.

He likewise slammed anti-billionaire rhetoric, stating, “I ‘d rather speak with prospects about how they are going to make everybody have the things billionaires have rather of how they are going to get rid of billionaires.”

Why It is necessary: According to Forbes, Altman presently has a projected net worth of $1.7 billion. He left of Stanford University in 2005 to release the social mapping start-up Loopt, which he offered in 2012 for $43 million and utilized the profits to develop his own endeavor fund.

Around that duration, Altman likewise ended up being a partner at the start-up accelerator Y Combinator, ultimately acting as its president from 2014 to 2019.

In 2019, he stepped down from YC to handle the function of CEO at OpenAI, although he was quickly ousted and renewed in 2023.

Read Next:

Disclaimer: This material was partly produced with the aid of AI tools and was examined and released by Benzinga editors.

Picture courtesy: jamesonwu1972/ Shutterstock.com

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