Close Menu
Fin Street NewsFin Street News
  • Home
  • Business
  • Finance
    • Banking
    • Stocks
    • Commodities & Futures
    • ETFs & Mutual Funds
    • Funds
    • Currencies
    • Crypto
  • Markets
  • Investing
  • Personal Finance
    • Loans
    • Credit Cards
    • Dept Management
    • Retirement
    • Mortgages
    • Saving
    • Taxes
  • Fintech
  • More Articles

Subscribe to Updates

Get the latest finance and business news and updates directly to your inbox.

Trending
Startup CEO says he’s proud his 4-person team racked up a 3,000 monthly AI bill

Startup CEO says he’s proud his 4-person team racked up a $113,000 monthly AI bill

April 6, 2026
Kanye West’s sold-out comeback shows prove that forgiveness is up to the fans — not the brands

Kanye West’s sold-out comeback shows prove that forgiveness is up to the fans — not the brands

April 6, 2026
Microsoft says Copilot isn’t just ‘for entertainment purposes’ after its terms of service language goes viral

Microsoft says Copilot isn’t just ‘for entertainment purposes’ after its terms of service language goes viral

April 6, 2026
What gas price shock? Pokémon cards and Needoh tell another story

What gas price shock? Pokémon cards and Needoh tell another story

April 6, 2026
For 20 years, I lived hundreds of miles away from my mom and sister. Then, I bought the house next door.

For 20 years, I lived hundreds of miles away from my mom and sister. Then, I bought the house next door.

April 6, 2026
Facebook X (Twitter) Instagram
  • Privacy Policy
  • Terms of use
  • Press Release
  • Advertise
  • Contact
April 6, 2026 3:24 pm EDT
|
Facebook X (Twitter) Instagram
  Market Data
Fin Street NewsFin Street News
Newsletter Login
  • Home
  • Business
  • Finance
    • Banking
    • Stocks
    • Commodities & Futures
    • ETFs & Mutual Funds
    • Funds
    • Currencies
    • Crypto
  • Markets
  • Investing
  • Personal Finance
    • Loans
    • Credit Cards
    • Dept Management
    • Retirement
    • Mortgages
    • Saving
    • Taxes
  • Fintech
  • More Articles
Fin Street NewsFin Street News
Home » OpenAI’s ambitions are easy to see. So are the doubts about its CEO.
OpenAI’s ambitions are easy to see. So are the doubts about its CEO.
Markets

OpenAI’s ambitions are easy to see. So are the doubts about its CEO.

News RoomBy News RoomApril 6, 20261 ViewsNo Comments

AI could usher in an amazing new age for humanity.

There may also be some potential downsides. As one company put it:

“Jobs and entire industries being disrupted; bad actors misusing the technology; misaligned systems evading human control; governments or institutions deploying AI in ways that undermine democratic values; and power and wealth becoming more concentrated instead of more widely shared.”

If you’re surprised to learn that this risk assessment comes from OpenAI, the company at the forefront of the AI push, you shouldn’t be: Concern about the technology’s use and effects was core to OpenAI’s founding in 2015, when Sam Altman and others created a nonprofit entity specifically to help manage those risks.

OpenAI has had a weird and convoluted history since then, and now has a very weird for-profit/nonprofit structure. One constant is that Sam Altman still runs it, and that lots of people who know Sam Altman don’t trust him.

That’s the takeaway from a lengthy new Altman profile in the New Yorker, written by Ronan Farrow and Andrew Marantz. In the piece, Altman is frequently described by past and present associates and coworkers as… slippery, at best. “He’s unconstrained by truth,” a former OpenAI board member says.

This is not a new charge: In the fall of 2023, OpenAI’s board fired Altman and said he was “not consistently candid in his communications.” Altman then essentially engineered a reverse coup, where he was reinstated as CEO and most of his detractors left the company.

The fact that many people who worked with Altman no longer want to do so is not news, either. There are several companies founded by former Altman colleagues turned adversaries — most prominently at Anthropic, run by former OpenAI executive Dario Amodei, whose distaste for Altman has been extensively documented. (Remember this photo op from February, where Amodei and Altman wouldn’t hold each other’s hands?)

And if you are looking for more evidence that working with Sam Altman can be a difficult prospect, consult The Information, which reports that he doesn’t seem to be getting along with CFO Sarah Friar, which should be a problem for a company prepping for a massive IPO this year. Among the apparent issues: Friar reportedly “told some colleagues earlier this year that she didn’t believe the company would be ready to go public in 2026.”

I’ve asked OpenAI for comment about both stories.

All of this brings us back to OpenAI’s new whitepaper, titled “Industrial Policy for the Intelligence Age: Ideas to Keep People First”, which says that AI will be awesome, but there will be some downsides, so we should “start a conversation about governing advanced AI.”

Among the proposals: Changing the tax code to extract more money from big companies and rich people, to make up for the drop in payroll taxes that could come if lots of people are AI’d out of work. Another idea: Extra taxes for companies that AI people out of work. That is: If AI delivers on its promise, it could produce wrenching, destabilizing change.

All of which means we’re in a position where we need to put an enormous amount of faith and trust in the people who run AI companies. Stories like the New Yorker’s will make it harder to trust Altman.



Read the full article here

Share. Facebook Twitter LinkedIn Telegram WhatsApp Email

Keep Reading

Kanye West’s sold-out comeback shows prove that forgiveness is up to the fans — not the brands

Kanye West’s sold-out comeback shows prove that forgiveness is up to the fans — not the brands

What gas price shock? Pokémon cards and Needoh tell another story

What gas price shock? Pokémon cards and Needoh tell another story

I spent 4 days in Savannah, Georgia. Here are 5 things that were worth it and one I’d skip next time.

I spent 4 days in Savannah, Georgia. Here are 5 things that were worth it and one I’d skip next time.

21 vintage photos show how desperate and desolate America looked during the Great Depression

21 vintage photos show how desperate and desolate America looked during the Great Depression

My husband died 10 years ago. I just gave birth to our daughter at 49.

My husband died 10 years ago. I just gave birth to our daughter at 49.

I’ve been to all 63 major US national parks. These 9 feel like stepping onto another planet.

I’ve been to all 63 major US national parks. These 9 feel like stepping onto another planet.

I took the longest train ride in the US. 6 things surprised me about the 53-hour adventure across the country.

I took the longest train ride in the US. 6 things surprised me about the 53-hour adventure across the country.

A Chinese robotics startup with a Tesla Optimus rival is seeking a new chief scientist with an  million salary

A Chinese robotics startup with a Tesla Optimus rival is seeking a new chief scientist with an $18 million salary

My daughter committed to a college, and I paid deposits for her housing and orientation. Then she changed her mind.

My daughter committed to a college, and I paid deposits for her housing and orientation. Then she changed her mind.

Add A Comment
Leave A Reply Cancel Reply

Editors Picks

Kanye West’s sold-out comeback shows prove that forgiveness is up to the fans — not the brands

Kanye West’s sold-out comeback shows prove that forgiveness is up to the fans — not the brands

April 6, 2026
Microsoft says Copilot isn’t just ‘for entertainment purposes’ after its terms of service language goes viral

Microsoft says Copilot isn’t just ‘for entertainment purposes’ after its terms of service language goes viral

April 6, 2026
What gas price shock? Pokémon cards and Needoh tell another story

What gas price shock? Pokémon cards and Needoh tell another story

April 6, 2026
For 20 years, I lived hundreds of miles away from my mom and sister. Then, I bought the house next door.

For 20 years, I lived hundreds of miles away from my mom and sister. Then, I bought the house next door.

April 6, 2026
OpenAI’s ambitions are easy to see. So are the doubts about its CEO.

OpenAI’s ambitions are easy to see. So are the doubts about its CEO.

April 6, 2026

Latest News

The 7 Best Legit Sites for Getting Free Samples

The 7 Best Legit Sites for Getting Free Samples

April 6, 2026
First-Time Homebuyer Guide | Bankrate

First-Time Homebuyer Guide | Bankrate

April 6, 2026
I’ve been to over 200 high-end golf courses around the globe. Here are 8 mistakes I always see first-timers make.

I’ve been to over 200 high-end golf courses around the globe. Here are 8 mistakes I always see first-timers make.

April 6, 2026

Subscribe to News

Get the latest finance and business news and updates directly to your inbox.

Advertisement
Demo
Facebook X (Twitter) Pinterest TikTok Instagram
2026 © Prices.com LLC. All Rights Reserved.
  • Privacy Policy
  • Terms
  • For Advertisers
  • Contact

Type above and press Enter to search. Press Esc to cancel.