Former SEC Chairman Jay Clayton on Elon Musk lawsuit: OpenAI is at an inflection point
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- Опубликовано: 10 июн 2024
- Former SEC Chairman Jay Clayton joins 'Squawk box' to discuss Elon Musk's lawsuit against OpenAI and CEO Sam Altman, whether Musk's claim is valid, impact of the lawsuit on the companies involved, and more.
OpenAI accepting tens of millions in public funding under the pretence that they would be open sourced and not for profit, then backstabbing everyone by doing the exact opposite, shouldn't be legal in any way.
On this point I support Elon, OPENAI is suppose to be OPEN. Now it turned into Sam Altman's little empire, do we really want the future of AI dominated by people like this?
No but it'll be dominated by someone. Pandora's box has already been opened.
Once OPENAI is open-sourced, the biggest beneficiary would be China, they will steal all the hard work and create more dystopian AI. Just like when Elon open-sourced his technology in exchange for entering the Chinese market without a joint venture from the CCP in 2014, many Chinese electric car brands suddenly appeared in 2015 with the tech from Tesla and now Chinese EVs are flooding the market backed by CCP's massive subsidies, and use unfair trading practices to crowd out genuine car brands around the globe. Open source would mean CCP win again with no effort. In the hands of the CCP, it would be worse than allowing AI tech in the hands of the Western world.
And full self driving is supposed to be full self driving 🤷
I'm very split. On one hand I don't want a small number of people like him in control of AGI, on the other hand open sourcing AGI would be like handing out nukes to everyone. I mean what could go wrong.
Elon musk will win
OpenAI is now ClosedAI
Insane ai
Open AI scam
Yea illya tried to stop it but got owned
Open is Closed.
Their partnership basically makes open ai one of microsoft's research departments.
Fortunately, everything Microsoft touches turns to crap
The “open” in open AI was for “OpenSource” AI. When the bord decided to make it exclusionary and for profit and open to everyone after Elon left is what this case is about. Elon doesn’t want Microsoft or google to patten or withhold it. One case for this is, if one source gets AI, they can manipulate the stock market and social media to their benefit faster and more intricate than a normal human can comprehend. If everyone has it it’s at least a level playing field.
Rip OpenAI
The core legal issue wasn't addressed. That is, Musk invested $44 million because of OpenAI's founding document that stated that all work was going to be open-sourced and non-profit. The question is, what legal status does the founding document of OpenAI have in court? Can it be legally interpreted as the equivalent of a contract and, therefore, OpenAI can be sued.
The next legal question that wasn't addressed: what restitution does Musk want? With any other plaintiff, it would be the initial investment return along with damages. But, Musk may want something more that has him have a say on future projects at OpenAI. That is, what they work on.
Mainly what Musk wants is OpenAI to be OPEN.
@@i3looi2 ...and Microsoft doesn't get to disproportionately benefit from it; Sam's agreement with Microsoft should be nullified.
This is by far the most useful comment on this topic.
This will be interesting to watch.
Elon did not only invest 44 million, he also didn't launch his own AI company because of his investment. Sam really screwed Elon.
Yeah, the guy is very sneaky. Altman i mean.
The other side of the story is, Elon attempted a coup to take full control of OpenAi but failed. Then in a fit of anger, left the Board of OpenAI and started his own xAI. Now he is suing to get his initial investment money back and force OpenAI to share their technology which will benefit xAI. This is the real intent of this lawsuit.
lol, musk did launch his own ai company 😂
SAM HAS DONE DMORE WORK ON HIS SISTER THQN THE COMPANY
@@habibi750 Maybe later than he wanted to. xAI is kind of late to the party.
Elon also spent alot of time building it and brining in the best engineers Ilya to work on it
Defence Lawyer: The contractual terms are ambiguous, is there any other evidence the intent was for open source?
Musk: You mean other than the company name OPENai 😅😅😅🎉🎉🎉
Sam seems like a weasel
Let’s give him 7 trillion and find out.
He is, not to mention clueless about the fire he is playing with.
Have you seen the congress hearing they called him to when they first wanted to explore the dangers of AI, and for almost every question his answer was “I don’t know”.
Scary stuff.
Yep
Ask his sister…. She’s told me he’s basically a psychopath and let’s just say he likes kids. . . . . . .
Absolutely.
Sam Altman has come Unhinged with a taste of power.
Glad to see Elon taking action.
Sour grapes in my opinion. I wonder if the agreement is valid once you leave the company and have no involvement in the company anymore.
you seem to be blinded by whatever personal issues you have with musk, open ai shouldn't be allowed to receive tens of millions in public funding with the stipulation that they would be non-profit and open sourced, then rugpull everyone by going closed source, sell out to Microsoft, and seek to maximize profits.
Or.. you can look at this as NOBODY ELSE is asking Altman to take responsibility. Kudos to Elon, whether he succeeds or not. He does brings the light over the topic.
Elon is 100% right
Let's not forget that the board got rid of Sam. But BIG MONEY interest brought him back.
Think about it.
Fun to act like we know the reasoning for what happened, isn't it?
@4:05 Zero distraction bruh... zero. These are corporate monsters moving forward.
Former SEC chair advocates for allowing a tech company to enshittify everything? What a shock!!
It was a long time coming. I think the integrity and fundraising of all nonprofits is at stake here. What if Mozilla or the EFF could become trillion dollar companies while doing the opposite of their written mission, which they fundraised on? How would future donors feel? It would be better for them to fund a PBC and try to influence it through their ownership.
Mr. Clayton is WAY more evenly based than your last 'TechExpert" ... Uggg.
close AI vs Open AI
Elon is trying to slow down Open AI to give his company a chance to catch up.
Open AI was elon's company. He left it to be open sourced to all humanity. Without elon, open AI doesn't exist. He put that team together. Now he has to make another open source AI company because open AI turned into closed AI for profit.
@@ZupE891 Elon used Open AI to create Tesla AI he want to block Microsoft so he can cut his competition
There are federal, rather tangential, though important, public interest issues . One obvious that the web data is being sort through multiple times using enormous energy, and power,. Should something as transformational be monopolize, but the same couple of companies extending their existing, enormous power, and further stretching the limits away from their original core products either something is a nonprofit, or it is not. I don't believe there is a middle decision here. Either an inductive decision, or decision against the plaintiff...
Go get them Elon! No one else in this country will do anything to keep AI reigned In.
Sam needed large investments now. This lawsuit will spook any investor.
That is the first win for Musk
Elon is right!
the only thing I care about : What is Q*
Good job Elon
2:30 personal issue? what they have to this case, why someone put law sute is not important, and should never be, but is it valid? But law today is what like you more, not more strict rules.
msft stocks are down today.
OpenAI needs to be checked. Their work is essentially good but they need to watch who ends up using potential AGIs. Its one thing to want AI to be democratically empower humanity, it's another thing when Russia and China start using to commit more crimes against humanity.
as if America wasn't already doing this
And what at percentage is the US most likely not to use a powerful AI system to commit crimes against humanity.
elon down bad
if elon is involved..it is an ethical issue..not a competitive one.
Andrew asks smart and hard questions. precision is his key feature.
Don’t forget that AI is summoning a demon! What an off the wall claim! These kind of statements have made me very leery of Musk.
Rename it ClosedAI
If Elon had a problem with Microsoft he should have raised the issue back in 2019 at the time when Microsoft invested in it. Sounds like there is a problem with the statute of limitations.
Did you listen to the story? It’s not Microsoft he has a problem with, it’s Altman. And he made his feeling clear long ago, which is why he’s not WITH OpenAI anymore.
@@jin6000 Your right.
@@whatsdoin2392 I've edited my message to make it less cu, nty. Sorry about that.
Let me help your ignorant reporters that seem to not know anything about what's actually going on.
It looks like Elon finally had a decent conversation with Ilia. If you don't know that name, you have no clue what's going on.
I will give you a hint. All of this started because of him. Open AI and the current issues.
Try doing some actual reporting
The guy they are interviewing talks a lot but says nothing...
Elon is right. Sam is a weasel.
Both are weasels...just look at Tesla mission statement and look at what Elon is doing. 😆
@@jakesiu7773what? They are directly on point with the mission statement.
I’m done explaining to Elon hater bots
@ssing7113 mission statement: affordable car for the mass...while Elon bragged about how Tesla has the highest profit margin in the auto industry by far. Oh, CT is 100k+.
Hey Elon why is my account on HOLD but you allow The CPAC conference spreading hateful speech to continue
Sam Altman is the last person I would trust with welding the one ring. This guy seeks world control, look at all his other projects like world coin
I'd argue that maybe he saw the deepfake writing on the wall and is trying to come up with a solution.
It's entirely possible that that program will be one of the only ways we can prove who we are in a world where our voices and images and documents can all be faked in just a few minutes.
Only time will tell.
Open ai = deceit
Okay, Elon boy! How many times has Musk lied through his teeth to convince i.d.i.o.t.s like you that he's a genius?
Wokeness is equivalent to a brain tumor
Almost as bad as anti-wokeness.
Need to find a middle ground, everything else is propaganda and control.
Elon Musk has previously stated that he does not think GPT4 is AGI. Hard for him to now say he was wrong. Makes him look foolish.
said the dummie with greta avatar
Reality might be Musk getting discovery, confirming that OpenAI isn't there yet return a AGI and then doing his usual pivot and claiming that they have AGI just round the corner along with Dojo etc. Hype ensues and everyone good to crazy town. Again 😢
Poor Leon, from Emerald mines to this. Muscled his way into Tesla, now wants out with the corrosive CT, can't imagine how much that battery is going to cost.... smart move to try and bail before the warranties and lawsuits start piling up for Tesla. Take your manly CT in the dirt, warranty is voided. 😂
"Wokeness" is engine oil that democrats never plan on changing.
Ideas die once the ideas can no longer be questioned, evolved, examined.
Engine of American exceptionalism is at stake. That's not hyperbole. That's a warning.
America's fate was sealed decades ago when the birth rate of white people fell below replacement level. Whites will be a minority in the next generation, which is why history is being rewritten and recolored.
@@illegalsmirfrace doesn't matter. Only ideas do. Keep your distracting white supremacy false flag quotes to yourself
@illegalsmirf so obvious you're a democrat
If i had to describe America in two works they would be "litigation" and "war". Thats all you people seem to do. Both of which mostly affects poor people while rich people profit from both.
And the case will be heard by a Trump appointed judge who thinks the earth is 6000 years old and flat.
Open AI has done what bigger companies like Google or Tesla could'nt do. Elon envious.
Elon is concerned about the wellbeing of humanity. He should be concerned with the wellbeing of the Chinese workers working for him. Developing agi could stop the Russian nuclear bombs reaching the USA.
They get paid more than the doordash driver that delivered your $8 lunch with no tip
Broke ass democrats
@@InnocentCardGame-sz2be they work far harder than the driver and with no rights. If Elon could reduce their wages he would do it. Sorry I'm team Sam in this one. Elon wants openai to release the codes so he can copy them. No.
🙄 The Classic musk hater with absolutely zero insight.
The clothes you are wearing were made by low paid workers, the phone you typed your inane message on? The same. And yet you own them.
But we’re not talking about you right? Just Elon who you hold to a higher standard.
Hypocrite.
@cmiguel268 What evidence do you have that Elon is abusing his workers, and would cut their pay if able to?
Why do the VAST majority of his employees NOT want to join any of the Unions that keep trying to unionize his shops. Their pay and conditions of work are already better than the union can offer. I would easily say I've heard more positive experiences working for Tesla than negative. Is it a hard job, and expectations are high...sure. However the reward is also very high, with many low level production employees becoming incredibly wealthy...not just the C-suite Guys.
Elon missed the train, now crying:)
The space junk Musk is mad because someone is doing better than him.. don't forget Musk influence the market with his tweets 😂😂😂
Space Karen is suing everyone, lol.
Dirty Democrat
@2:10 more like "my corporation will not be the one benefiting in majority from this..." LOL - I love Elon, but he totally missed this train!
Musk is b+tt hurt as usual over not being put on a pedestal.
$258 BILLIONS LAWSUITS WE CAN SELL WHOLE OF INDIA. ANY BUYERS ???????
Elon will have it litigated in the Delaware Chancery Court again for OpenAI lawsuit as the plaintiff! Might face Chief judge Katherine McCormick!😮😱🫣