It's Time to Stop Taking Sam Altman at His Word

OpenAI announced this week that it has raised 6.6 billion in new funding and that the company is now valued at 157 billion overall. This is quite a feat for an organization that reportedly burns through 7 billion a year--far more cash than it brings in--but it makes sense when you realize that OpenAI's primary product isn't technology. Case in point: Last week, CEO Sam Altman published an online manifesto titled "The Intelligence Age." In it, he declares that the AI revolution is on the verge of unleashing boundless prosperity and radically improving human life. "We'll soon be able to work with AI that helps us accomplish much more than we ever could without AI," he writes.