Less than 48 hours after Sam Altman’s sudden departure from OpenAI, the cryptocurrency community is abuzz with speculation and unexpected collaborations. Coinbase CEO Brian Armstrong expressed concerns about the impact of Altman’s exit on OpenAI’s valuation. Altman also received an invitation from Cardano inventor Charles Hoskinson. Hoskinson shared with Altman his plan to create a decentralized language model. He called Altman to work on this project. Here are the details…
Altman praised for OpenAI work
Less than 48 hours after Sam Altman was fired from OpenAI, Coinbase CEO Brian Armstrong posted a post highlighting some of the impacts Altman’s departure could have on the ChatGPT creator. Armstrong had praised Altman for his role in boosting OpenAI’s valuation to $86 billion. This was an achievement that was questioned by Coinbase’s CEO after Altman’s sudden dismissal.
Armstrong suspects “carnage” at the AI company and describes it as an “AI security coup,” hinting at a possible pre-planned move within OpenAI. In response, OpenAI defended its decision, citing Altman’s alleged lack of transparency in his dealings with the board. But the move created a ripple effect, and OpenAI co-founder Greg Brockman also announced his departure.
Will Altman launch a new venture?
Coinbase CEO Brian Armstrong thinks Altman and Brockman could start a new venture by pulling talented employees from OpenAI. Armstrong also noted that such unfair actions were once seen at Google and some crypto companies, negatively impacting their valuations in the long run. Armstrong suggests a potential departure from traditional structures, citing Cardano founder Charles Hoskinson’s proposal to Altman to explore a decentralized Large Language Model (LLM) on the Cardano Public Chain.
What did Cardano founder say?
Hoskinson emphasized Cardano’s commitment to innovation and invited Altman to collaborate on a decentralized LLM. This unlikely partnership follows Altman’s firing from OpenAI and the appointment of Mira Murati as interim CEO. Altman’s departure came as a shock to the industry, given the pivotal role he played in OpenAI’s success, particularly its widely adopted ChatGPT. Altman’s response on the X platform hinted at potential legal repercussions and expressed mixed emotions.
Cardano’s invitation is in line with the platform’s focus on robust technology and decentralized applications. The proposed decentralized LLM could represent a paradigm shift in AI development by leveraging Blockchain for enhanced security, transparency, and accessibility. However, Altman’s commitment to Worldcoin may take precedence in addressing regulatory challenges facing the startup. While the industry awaits further developments, the OpenAI shakeup continues to reverberate through the cryptocurrency and AI communities, raising questions about the future outlook for these innovative technologies.
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