OpenAI CEO Sam Altman celebrates capitalism in July 4 put up

OpenAI CEO Sam Altman posted on X Friday, saying he finds himself “politically homeless” because the Democratic occasion is not aligned with encouraging a “tradition of innovation and entrepreneurship.”

Altman, whose firm is a frontrunner in artificial intelligence, made the put up in celebration of the Fourth of July, saying he’s “extraordinarily proud to be an American” and believes the U.S. “is the best nation ever on Earth.”

He used the put up to share a few of his political ideology, saying he believes in “techno-capitalism.”

“We should always encourage individuals to make tons of cash after which additionally discover methods to extensively distribute wealth and share the compounding magic of capitalism,” he wrote. “One does not work with out the opposite; you can not elevate the ground and never additionally elevate the ceiling for very lengthy.”

Altman, 40, stated he is believed this ideology since he was 20, and that Democrats have been aligned with it then however have since misplaced the plot and have utterly “moved elsewhere at this level.”

“I might quite hear from candidates about how they’re going to make everybody have the stuff billionaires have as a substitute of how they’re going to remove billionaires,” Altman wrote.

That remark seems to have been in response to New York Metropolis Democratic mayoral candidate Zohran Mamdani, who this week stated he doesn’t assume billionaires ought to exist.

“I do not assume we must always have billionaires as a result of, frankly, it’s so a lot cash in a second of such inequality and in the end what we want extra of is equality throughout our metropolis and throughout our state and throughout our nation,” Mamdani stated on NBC’s “Meet The Press.”

CNBC has reached out to Mamdani’s marketing campaign for touch upon Altman’s assertion.

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