TECH004: SAM ALTMAN & THE RISE OF

OPENAI W/ SEB BUNNEY

TECH004: SAM ALTMAN & THE RISE OF OPENAI W/ SEB BUNNEY

07 October 2025

Seb and Preston analyze the book “Empire of AI,” reflecting on Sam Altman’s rise and OpenAI’s transformation from a nonprofit into a powerhouse AI firm.

They dissect the complexities of governance, ethical AI, and AGI safety, while offering sharp critiques of the book’s narrative. The duo also previews their upcoming dive into Lifespan by David Sinclair, teasing an exploration of longevity and ancestral health.

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IN THIS EPISODE, YOU’LL LEARN

  • Why Sam Altman’s early ventures shaped his leadership style
  • The founding vision behind OpenAI and Elon Musk’s original role
  • How OpenAI evolved from a non-profit to a capped-profit model
  • The internal power struggles that led to Altman’s firing and reinstatement
  • The significance of AI governance structures in shaping future technologies
  • How storytelling plays a role in securing AI funding and public trust
  • Why AGI poses ethical and societal challenges
  • The hidden costs and global inequalities in AI model training
  • A sneak peek into longevity research and Lifespan by David Sinclair
  • Why ancestral health might hold keys to understanding aging

TRANSCRIPT

Disclaimer: The transcript that follows has been generated using artificial intelligence. We strive to be as accurate as possible, but minor errors and slightly off timestamps may be present due to platform differences.

[00:00:00] Intro: You are listening to TIP.

[00:00:03] Preston Pysh: Hey everyone. Welcome to this Wednesday’s release of Infinite Tech. Today, Seb Bunney and I dive into Karen Hao’s book, Empire of AI: Dreams and Nightmares in Sam Altman’s OpenAI.

[00:00:14] Preston Pysh: We trace Sam Altman’s rise from his early startup and Y-Combinator days to the founding of OpenAI with Elon Musk and the company’s transformation from a nonprofit ideal to a Microsoft backed powerhouse.

[00:00:27] Preston Pysh: Along the way, we unpack the famous blip where Sam got fired back in 2023, OpenAI’s complex governance, the broader ethical questions raised by a GI. And guys, this is surely an episode you won’t want to miss. So without further ado, let’s jump right into the book.

[00:00:47] Intro: You are listening to Infinite Tech by The Investor’s Podcast Network, hosted by Preston Pysh. We explore Bitcoin, AI, robotics, longevity, and other exponential technologies through a lens of abundance and sound money. Join us as we connect the breakthrough shaping the next decade and beyond empowering you to harness the future today.

[00:01:09] Intro: And now here’s your host, Preston Pysh.

[00:01:21] Preston Pysh: Hey everyone, welcome to the show. I am here with the one and only Seb Bunney, and we are talking OpenAI Sam Altman. What in the World has Gone on there at this company? Where’s it going? Where’d it come from?

[00:01:35] Preston Pysh: And we have a book that we read together, and we’ll be using that somewhat is the framework, but also kind of going in other directions beyond just the book. And Seb, welcome to the show, sir.

[00:01:48] Seb Bunney: Oh man. Thanks for having me on Preston. And you know what I found really fascinating is, so for those that didn’t listen to our previous episode where we discussed The Thinking Machine, and that’s kind of the rise of Nvidia and Jensen Huang and kind of essentially how Nvidia laid the foundation for OpenAI and neural nets, which is kind of the technical term for the foundation of what these large language models are built on. It really kind of set the stage for reading this book.

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