My eight years on the OpenAI board
This post is by Reid Hoffman from Reid Hoffman
AI, like most transformative technologies, grows gradually, then arrives suddenly. Headlines make AI feel abrupt and singular when it’s compared to a tidal wave, revolution or tectonic shift. In actuality, foundational work in AI has been going on since the 1950s. For more than a decade, Greylock has invested in AI startups, such as Cresta, Snorkel AI, Adept AI Labs, and Inflection AI, one that I personally co-founded. OpenAI started in 2015—the same year I invested and joined its board.
With all that’s been built over decades, the landscape has changed drastically over the last few years. Personally, I haven’t been this excited since I first started understanding the power of online social platforms. There’s so much afoot: The mainstream adoption of AI is happening now. Advancements like LLMs are amplifying the abilities and productivity of humans. There are future trillion-dollar companies being built and invested in right now, which will not only change markets, but launch new ones.
With all the possibilities ahead, it’s important to think beyond any one application, company, industry when it comes to AI, because I believe its impact will be on a much greater magnitude.
It’s with that in mind, that I’ve decided to step back from the OpenAI board. I made this decision after months of conversations with Sam, Greylock colleagues, and friends. There are a few reasons:
As OpenAI’s APIs become more important to the next wave of AI applications, Greylock and I will be investing in companies, like Tome and (Read more...)