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open AI appears to be addressing recent
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security concerns with a new addition to
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its board of directors the company
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announced last week that retired General
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Paul nakason uh will be joining the
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board he's also uh sit on a newly formed
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Safety and Security committee nakason
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was director of the NSA which is causing
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a lot of like the the crazy right to go
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crazy about this and saying it's a deep
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State um and led uh including Elon I
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think and led the US military cyber
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command before stepping down early this
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year he's very well regarded but uh
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again uh this is a big appointment um
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opena I said in a statement that this
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appointment underscores a growing
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significance of cyber security uh what
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do you think about this bringing in uh
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Edward Snowden wasn't happy he posted on
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this on social media saying do not ever
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trust opena or its products there is
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only one reason for appointing an NSA
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director to your board so as usual
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without proof Edward uh but you know
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okay sure spy Spy so uh but it's one of
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those open-ended questions that never
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really has an answer or any proof
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attached to it but that's okay they they
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can do that so it's a thing what do you
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think about that I absolutely love it um
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anyone who's an army General and works
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their way up as as someone you know
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General nakason is you know this is a
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very impressive person and also this
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person has proven themselves a patriot
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and for all these weirdos on the far
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right that think there's a deep State
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and for all these weirdos on the far
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left that are under the assumption that
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the peace is a natural right that it's
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it's not something that requires
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constant vigilance and sacrifice we need
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the NSA does an amazing job keeping
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Americans safe and it's important that
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we have laws that keep them in check but
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at the same time I I just I worry that
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America has become so naive to this
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notion that peace is a right it is not
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it is earned and it is not the natural
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order as soon as people can come for our
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Netflix and espresso folks they will and
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they won't do it by interesting nice
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means they'll be violent about it just
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as we are need to be violent and smart
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about protecting our borders so to have
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someone like this on the board of open
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AI to occasionally raise his or her hand
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and say you know what that is a threat
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to America and I am not down with this I
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love having this guy on the board of
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open AI I think it's a wonderful thing
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it's interesting because it sort of sets
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up these deep State leave us alone don't
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tread on me gang um and I mean that the
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negative don't tread on me way the sort
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of demented Don't Tread on Me In Edward
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stow's case I recognize it he did
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uncover some really heinous Behavior by
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our security officials that said the way
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there there's plenty of argument to be
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made that that how he handled it was
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wrong but he couldn't have handled look
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we can debate Edward Snow all you want I
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interviewed him once it's a very complex
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topic but the fact assuming every NSA
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Chief is has Mal intent is the way to
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bring down all institutions now they've
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been abusive enough that there's that
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there needs to be
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strong um strong laws and oversight in
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place absolutely if a spy a spy is going
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to spy that is just the way it goes
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right it's not there's no other way to
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put it including the Chinese government
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they're going to spy whether you have
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proof or not that's what they do in this
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case as many people on the board now I
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would also put on someone who's a more
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of a like sort of an opposite to him
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could be interesting so you have all the
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different outlooks brought there and I'm
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not talking the problem they had was
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they had people that were so at Cross
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purposes there was no agreement and I
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think if they bring in someone who's
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more not distrustful of government but
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then challenges government overreach I
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think that's fantastic too right that's
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what you kind of want on a board um but
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this guy has has really a very very
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strong reputation I just the immediate
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attacks on him were fascinating to watch
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in a lot of ways speaking of of open AI
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they're further angering all the all the
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pure crowd um CEO Sam Altman has told
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some shareholders the companies
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considering changing its governance to a
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poor profit business that a nonprofit
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board doesn't control according to the
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information I'm shocked I'm shocked what
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what shocked what they are a profit
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company one option for forming a
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for-profit benefit Corporation similar
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to an anthropic and xai have in place
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that that's I you can explain what a
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for-profit I don't understand it Alman
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said that restructuring conversations
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are fluid and that he and his fellow
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directors can end up taking a different
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approach oh come on Sam come on you
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can't stand that nonprofit situation
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um so opena reportedly has on Pace by
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the way for a $3.4 billion of annual
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revenue well done um if opena did become
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a for-profit company what's your
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prediction for an IPO they just hired a
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very well- regged um person Sarah frier
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who was a former uh CEO of nexor and
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it's as his Chief Financial Officer she
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used to work for square she's terrific
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uh she she dealt with IPOs at next door
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as well as Square as I've said what what
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what is that called now I forget the new
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name for I call it Square still block uh
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it's called whatever I don't know I
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don't know I don't know what it's called
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but anyway square is what I call it um
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but what do you think about this talk
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about this a little bit so all of the
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stuff about the drama at the board and
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it going back and forth and whe you know
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and Sam being fired and then rehired
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it's a bit of noise because now open AI
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in the last six months they've
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doubled um they have doubled their uh
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Revenue base they're kind of running
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away with it and if you look at their
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run rate right now relative to their
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valuation they're actually the most
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reasonable reasonably valued company in
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AI despite the fact that they're leader
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the leader they are clearly clearly
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putting on their best dress for an IPO
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because the individual that you
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reference is a is a an incredibly street
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it's like when Google brought in Ruth
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parat and she wasn't there to take him
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public but this is a very Street
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friendly hire so they're clearly getting
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ready for an IPO and all of the kind of
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noise around open I I saw these numbers
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on how they're doing they are running
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away with it you know what they have
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Scott's they've decided to be Google and
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not Netscape that's what it is I see the
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Netscape had it and then lost it Google
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almost lost it and then had it right
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they really pushed aggressively um it's
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also expanding into Healthcare with a
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cancer co-pilot um it's working with
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color Health to develop an AI assistant
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using open AI Jeep they're doing deals
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all over the freaking map like they're
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they're like running circles around the
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competitors but go ahead no the you're
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you're exactly right they're they are I
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mean
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the we have a tendency to focus on the
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so soap opera end of this but despite
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all of this distraction they are growing
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the revenues faster Mist this company in
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France which I think will do well
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because I think a lot of European
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companies um and Regulators would like
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an AI company in Europe to emerge but if
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you look at just sheer Revenue growth
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and size of Revan is it's it's Nvidia
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and open AI are sort of running away
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with it
