On June 8, OpenAI CEO Sam Altman stated that the business has already had preliminary discussions about funding Indian entrepreneurs.
“We were always amazed by the quality of Indian startups. The energy we are seeing in Indian startups, we are looking to fund them… We had some conversations yesterday on funding startups in India,” Altman said during a session at Indraprastha Institute of Information Technology, Delhi.
Altman revealed that he had seen Prime Minister Narendra Modi earlier in the day in a conversation with students.
He stated that topics discussed included developing international rules for artificial intelligence and working with local stakeholders to implement the technology for education.
When a student questioned Altman about advice for startups, he joked that some of the ideas he had given to budding businesses while running the Silicon Valley incubator Y Combinator (YC) had turned out to be incorrect.
“I honestly feel so bad about the advice I gave at YC. I might even delete my blog. OpenAI raised a billion dollars even before launching a product… There is existential proof that my advice is not always accurate,” he said.
“The thing we put on YC T-shirts ‘make something people want’ we took an unconventional path to reach it”, he added.
In a blog post published last month, OpenAI recommended that nations think about setting up a global organization to monitor and control the advancement of advanced AI, much like the International Atomic Energy Agency (IAEA) does for nuclear power.
The Indian government then disclosed that it now holds a different perspective on the issue and solely intends to regulate AI from the perspective of user harm.
The director of OpenAI stated that the idea of an IAEA-like organization had been positively accepted by countries when asked whether he had brought up the idea to the heads of state he had visited during his frenzied globe trip over a previous couple of weeks.
He further asserted that massive AI systems can be followed because they need a lot of resources to create, in contrast to the claim made by experts that it is difficult to trace computing power in the same way as a nuclear power.