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OpenAI’s plan for an AGI world: AI for all and a 4-day workweek

The company’s policy paper calls for a new social contract that includes AI at the center of everything, which could lower costs and create cures for diseases, but also warned it may upend the public safety net.

OpenAI has published a policy paper titled “Industrial Policy for the Intelligence Age,” which lays out a list of proposals that would radically shift how our economy works. It also calls for mitigations to help protect against some of the dangerous systems that may come about with the advent of artificial general intelligence (AGI). Looking back to the transition to the Industrial Age caused by the disruptive technological breakthroughs in automation, OpenAI is calling for a new social contract, with AI sitting at the center of everything.

The first proposal paints a picture of an economy built around AI, where AI is a right of every citizen and the benefits of the technology have been distributed fairly. What does that look like in terms of policies? It sure looks pretty different from the economy we have in place today.

OpenAI thinks access to AI should be a right for all citizens, while at the same time acknowledging that it may very well take away many of their jobs. The proposal calls for workers to get a seat at the table to discuss how the economy transitions to this strange, new, AGI-optimized world.

The paper projects that people will rapidly see the benefits of AI in the form of lower costs for essential goods, cures for disease, and energy breakthroughs. That might mean a four-day workweek (with no pay cut), and a Public Wealth Fund that invests in AI companies, distributing gains back to every citizen. But the company also warns of the risk that “the economic gains concentrate within a small number of firms like OpenAI.”

OpenAI acknowledges that this radical shift could upend the public safety net, where workers fund benefit programs like Social Security, Medicare, and Medicaid. To make up for those lost contributions from displaced workers, OpenAI calls for a rebalancing of the tax base:

“Policymakers could rebalance the tax base by increasing reliance on capital-based revenues — such as higher taxes on capital gains at the top, corporate income, or targeted measures on sustained AI-driven returns — and by exploring new approaches such as taxes related to automated labor.”

The second proposal sounds the alarm for some of the massive risks that a super-powered AI could present to humanity. OpenAI and its competitors like Anthropic have dedicated serious effort to mitigate potential harms from their AI tools before release, but this paper urges consideration about what happens if a harmful model is released into the wild:

“As AI capabilities advance, societies may face scenarios where dangerous systems cannot be easily recalled — because model weights have been released, developers are unwilling or unable to limit access to dangerous capabilities, or the systems are autonomous and capable of replicating themselves.”

The proposal calls for international safety standards for large foundational models, but also suggests regulation should apply “only to a small number of companies and the most advanced models.” This could allow smaller startups to avoid regulation that would present “unnecessary barriers.”

Fresh from its chaotic negotiations with the Pentagon following Anthropic’s blacklisting, OpenAI says there should be “clear rules for how governments can and cannot use AI, with especially high standards for reliability, alignment, and safety,” and that AI models should create a paper trail of public records documenting how AI systems make decisions.

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Figure’s robots just sorted packages for 200 hours straight

What started as a 10-hour human-vs-robot challenge turned into a continuous marathon shift spanning nine days of continuous work.

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Report: Uber considers full Delivery Hero takeover to take on DoorDash outside the US

Uber appears to be considering upping its competition with DoorDash outside the US, exploring a potential full takeover of Frankfurt-listed Delivery Hero, Bloomberg reports. Earlier this week the US-based ride-hailing service disclosed a 19.5% stake in the food delivery company, but now that could go higher.

The $11.8 billion German company could be particularly vulnerable to a takeover right now, with its CEO having recently stepped down following pressure from activist investors to sell off assets. A full acquisition would give Uber a massive foothold in over 60 countries to combat DoorDash’s European-focused Wolt unit.

Uber has been involved in a lot of deal-making of late, mostly in the autonomous vehicle space, where it now has more than 30 partnerships globally.

Uber extended its losses on the news and is currently down around 1.7%.

The $11.8 billion German company could be particularly vulnerable to a takeover right now, with its CEO having recently stepped down following pressure from activist investors to sell off assets. A full acquisition would give Uber a massive foothold in over 60 countries to combat DoorDash’s European-focused Wolt unit.

Uber has been involved in a lot of deal-making of late, mostly in the autonomous vehicle space, where it now has more than 30 partnerships globally.

Uber extended its losses on the news and is currently down around 1.7%.

tech

Meta released a Reddit dupe. Reddit investors don’t like it.

Fresh on the heels of releasing a Snapchat dupe, which sent Snap down earlier this month, Meta seems to be meddling with Reddit, quietly releasing a Reddit-like Facebook app called Forum yesterday. After news of the “dedicated space built for deeper discussions, real answers and the communities you care about,” Reddit’s stock is down 4.5% today.

Last month, Reddit’s earnings report handily beat analysts’ expectations, but it continues to struggle with the perception that bigger tech companies — including Meta — investing heavily in AI will eat its lunch. The stock is down nearly 40% year-to-date.

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Report: OpenAI’s Q1 revenue was $5.7 billion, beating Anthropic

The neck-and-neck race between OpenAI and Anthropic as the AI companies barrel toward their expected IPOs this year is shaking out some internal numbers for would-be investors to ponder.

The Information is reporting that OpenAI’s first-quarter revenue was ~$5.7 billion, about $1 billion ahead of Anthropic’s revenue for the same period.

The Wall Street Journal recently reported that Anthropic is on course to more than double its first-quarter revenue of $4.8 billion to $10.9 billion in the second quarter. It is not known what OpenAI is projecting for Q2.

Recently, The New York Times reported that Anthropic’s current fundraising round seeking to raise between $30 billion and $50 billion comes with a valuation of up to $950 billion, putting it ahead of OpenAI’s latest reported valuation of $850 billion.

The Wall Street Journal recently reported that Anthropic is on course to more than double its first-quarter revenue of $4.8 billion to $10.9 billion in the second quarter. It is not known what OpenAI is projecting for Q2.

Recently, The New York Times reported that Anthropic’s current fundraising round seeking to raise between $30 billion and $50 billion comes with a valuation of up to $950 billion, putting it ahead of OpenAI’s latest reported valuation of $850 billion.

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Rani Molla

Alphabet’s Waymos are still getting caught in floods after recall

Waymo, the self-driving subsidiary of Alphabet, has paused operations in Atlanta after a new report of a vehicle driving into a flooded roadway and getting stuck, TechCrunch reports. The news comes just weeks after the company recalled its fleet of nearly 4,000 driverless cars to deal with a previous flood incident in San Antonio, where the service is also paused.

After that incident, Waymo instituted an “interim remedy” to make the vehicles “exclude additional operating conditions that present an elevated risk of encountering a flooded, higherspeed roadway,” but added that it was still “developing the final remedy for this recall.”

As we’ve noted, Waymo has mostly kept its rollout — now public in 11 cities — to more temperate climates, as severe weather poses more challenges to autonomous vehicles.

After that incident, Waymo instituted an “interim remedy” to make the vehicles “exclude additional operating conditions that present an elevated risk of encountering a flooded, higherspeed roadway,” but added that it was still “developing the final remedy for this recall.”

As we’ve noted, Waymo has mostly kept its rollout — now public in 11 cities — to more temperate climates, as severe weather poses more challenges to autonomous vehicles.

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