Shulou(Shulou.com)11/24 Report--

On the evening of September 7, Beijing time, CEO Sam Altman of artificial intelligence startup OpenAI said today that Silicon Valley has lost its innovation culture and has not had a breakthrough for too long.

"companies in Silicon Valley have done some great research, and the Xerox Palo Alto Research Centre (Xerox PARC) is a clear example," Altman said in an interview with Norges Bank Investment CEO Nicolai Tangen, the Norwegian sovereign wealth fund. "but it didn't last long."

Tangen retorted: "I'm surprised to hear you say that there is no culture of innovation in Silicon Valley, because it's a bit contrary to what I think."

In response, Altman responded that Silicon Valley did have a culture of product innovation in the past, but it clearly failed to achieve its goal in terms of groundbreaking research.

Altman added: "I didn't want to say that either because it sounds arrogant. But what was the last really great technological breakthrough for Silicon Valley companies before OpenAI?"

Altman seems to believe that Silicon Valley is away from innovation because people are more willing to use existing technologies such as the internet and mobile phones to create a "very valuable company" in the shortest possible time, which is relatively simple and attractive. These existing technologies take up too many talents. "

This is not the first time Altman has questioned Silicon Valley's ability to innovate. Back in 2017, when Altman was president of Y Combinator, an accelerator for startups, he published a 650-word blog saying that Silicon Valley's politically correct culture was bad for startups and new ideas.

Altman is not the only one who criticizes Silicon Valley's ability to innovate. Tech professionals from Marc Andreessen, a partner at venture capital firm AndreessenHorowitz, to Matt Miller, a partner at Sequoia Capital, have also been critical of Silicon Valley's approach to innovation.

Since its inception in 2015, Altman's artificial intelligence startup OpenAI has grown rapidly. As of April this year, the company's valuation had risen to $27 billion-$29 billion.

Although Altman is the co-founder of OpenAI, he didn't join the company full-time as CEO until 2019, and ChatGPT shot to fame three years later.

In addition to managing OpenAI,Altman, he also co-developed the digital cryptocurrency WorldCoin and is a major investor in biotech startup Retro Biosciences.

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