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Billionaire investors of the internet era are now locked in a war of words and influenced to determine whether AI's future will be one of concentrated safety or unfettered advancement. The stakes couldn't be higher.<br/><br/>In May 2023, OpenAI CEO Sam Altman appeared on Capitol Hill for a Senate subcommittee meeting on AI. The substance of his message: Regulate us. For his opponents, this was the mask-off moment they’d been waiting for. Three months earlier, Musk, who had cofounded and bankrolled OpenAI when it was still an open source nonprofit, had taken to X to decry OpenAI’s recent multibillion dollar capital infusion from Microsoft. From its nonprofit roots, OpenAI had evolved into a “closed source, maximum profit company effectively controlled by Microsoft,” Musk said.<br/><br/>For Vinod Khosla and Reid Hoffman—who met with Altman together at least once to talk strategy but otherwise move in separate circles—OpenAI’s willingness to compromise is how to get things done. Whether Hoffman is talking to Biden, Pope Francis or U.S. Commerce Secretary Gina Raimondo, a frequent collaborator in recent months, their questions are similar: How will constituents’ lives change because of AI? What about their jobs? When should they be excited for benefits, or cautious about risks? “You have to show you understand what their primary game is, and that they can trust you to figure it out,” Hoffman says. “If your approach to government is to say ‘get out of my way,’ then you’re not helping with their game.”<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/alexkonrad/2024/06/04/inside-silicon-valley-influence-battle-for-ai-future/?sh=44d2570c2dc4<br/><br/>0:00 Introduction<br/>0:59 Where Is Silicon Valley On AI<br/>5:03 Reid Hoffman And The State Of Open AI<br/>7:44 Where Does Social Media And AI Regulation Stand?<br/>9:55 Vinod Khosla's Take On Open AI And The State Of The Industry<br/>13:30 Will Regulations Aid Our Society From AI Going To Far?<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.

Billionaires Are Battling For The Fate Of AI. Will The World Benefit From The Outcome_

⏲ 15:51 👁 12.1M

Now You Know

Elon Musk Joining Trump??? #elonmusk #tesla #shorts

⏲ 59 seconds 👁 2.7K

Internet Today

Musk Provides Internet to Remote Tribe; Chaos Ensues?! - News Dump

⏲ 37 minutes 19 seconds 👁 54.1K

NYC Comptroller Brad Lander, representing city retirement funds with substantial Tesla holdings, argued against reapproving CEO Elon Musk’s 2018 compensation plan during the upcoming shareholder meeting. Lander criticized the Tesla board for failing to ensure independent governance and declared intentions to vote against Musk’s pay and the reelection of board members of Elon Musk's brother, Kimbal Musk, and James Murdoch due to conflicts of interest. Lander said that a billionaire \

Tesla CEO Elon Musk Can't Have 'His Brother and His Besties' Decide Which Rules to Follow, Says NYC Comptroller Over Challenges to Controversial Compensation Package

⏲ 0:48 👁 1.2M

CNBC Television

Former Tesla board member Steve Westly says he would vote 'no' on Musk's pay package

⏲ 5 minutes 21 seconds 👁 3.4K

LBC

Rishi Sunak can make time for Elon Musk but not all of the D-Day anniversary? | LBC

⏲ 31 seconds 👁 9.1K

The Chinese craft is now inthe South Pole-Aitken Basin and will try to collect two kilos of moon rock and debris to bring back to Earth.

Chinese craft lands on moon's far side amid global rivalry in space

⏲ 0:36 👁 16.9M

The Electric Viking

Elon Musk reveals Tesla's insane plan for 100 million Robotaxis

⏲ 10 minutes 24 seconds 👁 45.4K

LiveNOW from FOX

WATCH Starship launch: SpaceX launches successful test flight #4 | LiveNOW from FOX

⏲ 6 minutes 8 seconds 👁 21.4K

Investors who witnessed the meteoric rise coinciding with the Model Y launch in early 2020 have largely held on despite the recent downturn. Out of 32 analysts, 9 recommend buying Tesla, 14 hold neutral ratings, and only 9 recommend selling, according to TipRanks.

Cult Of Tesla Crumbling: Early 'Die-Hard' Backers Bail As Musk's EV Empire Faces Reality Check Amid Stock Slump

⏲ 0:54 👁 435K

Bloomberg Television

SpaceX Starship Lands in Indian Ocean

⏲ 2 minutes 39 seconds 👁 16.9K

JerryRigEverything

The First *REAL GOLD* Tesla Cybertruck - What did it Cost?!

⏲ 13 minutes 30 seconds 👁 386.6K

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