Sam Altman was not on this episode. A recording of them was played into it, so these
are their words but not an appearance on 20VC. It still counts as said, and it is kept out of every score on their page.
Sam Altman is the CEO of OpenAI. He discusses AI startup strategies and warns that OpenAI will displace startups building wrapper products based on static model assumptions.
“It would seem to me that 95% of the world should be betting on the latter category, but a lot of the startups have been built in the former category. When we just do our fundamental job, we're going to steamroll you.”
quote is from the automated transcript, cleaned for reading:
filler sounds and stutters are removed, nothing is rephrased. names can be misheard
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More from Sam Altman
PredictionNot checkable as stated
Altman: OpenAI will steamroll startups building static software wrappers
“When we just do our fundamental job because we, like, have a mission, we're going to steamroll you.”
Sam AltmanApr 15, 2024▶ 0:23Sam Altman & Brad Lightcap: Which Companies Will Be Steamrolled by OpenAI? | E1140 · 20VC with Harry Stebbings
Disclosure
Altman: Product strategy is a personal weakness and current area of uncertainty
“The thing I'm struggling with most this week is I feel more uncertain than I have in the past about what our, like the details of what our product strategy should be. I think that product is a weakness of mine in general and it's something that right now the c…”
Sam AltmanNov 4, 2024▶ 35:59Sam Altman: What Startups Will be Steamrolled by OpenAI & Where is Opportunity | E1223 · 20VC with Harry Stebbings
Opinion
Altman: Most Investors Make Stressful Founder Situations Worse
“Most investors, I think, make stressful situations worse.”
Sam AltmanJan 17, 2018▶ 13:1220VC: Sam Altman, Y Combinator President on What Makes Truly Great Leaders, Why We Will See A Compression of Seed Funding & The Future Scaling of YC
AssertionNot checkable as stated
Altman: Y Combinator Forced Seed Investors to Stop Exploiting Founders
“I think before YC came along, a lot of seed investors way overplayed their leverage over founders and would break term sheets, renegotiate deals, weak confidential information. And then YC was a powerful enough force to say, you can't do this or there will be …”
Sam AltmanJan 17, 2018▶ 18:2420VC: Sam Altman, Y Combinator President on What Makes Truly Great Leaders, Why We Will See A Compression of Seed Funding & The Future Scaling of YC
Insight
Altman: Startups patching current AI model flaws will become obsolete
“We are gonna try our hardest and believe we will succeed at making our models better and better and better, and if you are building a business that patches some current small shortcomings, if we do our job right, then that will not be as important in the futur…”
Sam AltmanNov 4, 2024▶ 0:00Sam Altman: What Startups Will be Steamrolled by OpenAI & Where is Opportunity | E1223 · 20VC with Harry Stebbings
Insight
Altman: 95% of founders now bet on rapid AI model improvements
“And so I felt like, 95% of people that were like, betting against the models getting better, five percent of people were betting for the models getting better. I think that's now reversed.”
Sam AltmanNov 4, 2024▶ 6:17Sam Altman: What Startups Will be Steamrolled by OpenAI & Where is Opportunity | E1223 · 20VC with Harry Stebbings
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