What did Sam Altman mean when he said "there will be no need for money thanks to GPT-7"?
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Sam Altman, CEO of OpenAI, made a great statement at a program he attended. Altman said a new era will begin worldwide with GPT-7. According to the CEO of OpenAI, this new era will eliminate currencies.
The topic of the idea put forward by Sam Altman is “universal basic income.” In this system, money is given to individuals without any conditions. The reason Sam Altman came up with such an idea is the potential for unemployment that artificial intelligence may cause. This idea, which is likely to upset some, has already begun to gain support from some groups.
According to Sam Altman, GPT-7 will be the beginning of a universal basic income system. Because everyone will get a portion of the power of GPT-7 and the “productions” that are produced can be traded. Sam Altman said that individuals can use, sell or donate what they produce using GPT-7.
Sam Altman did not provide a clear explanation of how a universal basic income system would work. However, such a system could provide some financial relief to all people in the world. Of course, we will all see what the consequences will be.
