Sam Altman: belief

Transcript context

…I’m not worried about the payola issue, but let me tell you my worry, and that is there may be a tight cap on the commission you can charge, because we’re now in a world, say where there’s agents, and someone finds the best hotel through GPT-7 or whatever, and then they just talk to their computer or their pendant, and they go to some stupider service, but the stupider service is an agent that books very cheaply, and they only really have to pay OpenAI a commission equal to what the stupidest service will charge. One thing I believe in general related to this is that margins are going to go dramatically down on most goods and services, including things like hotel bookings. I’m happy about that. I think there’s a lot of taxes that just suck for the economy, and getting those down should be great all around. I think that most companies like OpenAI will make more money at a lower margin. Do you worry about the discrepancy between the fixed upfront cost of making yours the smartest model compared to the very cheap cost of all the competing agent has to do is book it for someone, and how do you use the commissions to pay for making the model smarter, in essence?…

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