• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
TechAI

What Sam Altman said about AI at a CEO summit the day before OpenAI ousted him as CEO

Steve Mollman
By
Steve Mollman
Steve Mollman
Contributors Editor
Down Arrow Button Icon
Steve Mollman
By
Steve Mollman
Steve Mollman
Contributors Editor
Down Arrow Button Icon
November 18, 2023, 8:59 PM ET
Sam Altman at the APEC CEO Summit the day before he was ousted as OpenAI CEO.
Sam Altman at the APEC CEO Summit the day before he was ousted as OpenAI CEO.Justin Sullivan/Getty Images

Sam Altman is out as CEO of OpenAI after a “boardroom coup” on Friday that shook the tech industry. Some are likening his ouster to Steve Jobs being fired at Apple, a sign of how momentous the shakeup feels amid an AI boom that has rejuvenated Silicon Valley.

Recommended Video

Altman, of course, had much to do with that boom, caused by OpenAI’s release of ChatGPT to the public late last year. Since then, he’s crisscrossed the globe talking to world leaders about the promise and perils of artificial intelligence. Indeed, for many he’s become the face of AI. 

Where exactly things go from here remains uncertain. In the latest twists, some reports suggest Altman could return to OpenAI and others suggest he’s already planning a new startup. 

But either way, given recent events, his last appearance as OpenAI’s CEO merits attention. It occurred on Thursday at the APEC CEO summit in San Francisco. The beleaguered city, where OpenAI is based, hosted the Asia-Pacific Economic Cooperation summit this week, having first  cleared away embarrassing encampments of homeless people (though it still suffered embarrassment when robbers stole a Czech news crew’s equipment).

Altman answered questions onstage from, somewhat ironically, moderator Laurene Powell Jobs, the billionaire widow of the late Apple cofounder. She asked Altman how policymakers can strike the right balance between regulating AI companies while also being open to evolving as the technology itself evolves.

Altman started by noting that he’d had dinner this summer with historian and author Yuval Noah Harari, who has issued stark warnings about the dangers of artificial intelligence to democracies, even suggesting tech executives should face 20 years in jail for letting AI bots sneakily pass as humans. 

The Sapiens author, Altman said, “was very concerned, and I understand it. I really do understand why if you have not been closely tracking the field, it feels like things just went vertical…I think a lot of the world has collectively gone through a lurch this year to catch up.”

He noted that people can now talk to ChatGPT, saying it’s “like the Star Trek computer I was always promised.” The first time people use such products, he said, “it feels much more like a creature than a tool,” but eventually they get used to it and see its limitations (as some embarrassed lawyers have). 

He said that while AI hold the potential to do wonderful things like cure diseases on the one had, on the other, “How do we make sure it is a tool that has proper safeguards as it gets really powerful?” 

Today’s AI tools, he said, are “not that powerful,” but “people are smart and they see where it’s going. And even though we can’t quite intuit exponentials well as a species much, we can tell when something’s gonna keep going, and this is going to keep going.” 

The questions, he said, are what limits on the technology will be put in place, who will decide those, and how they’ll be enforced internationally. 

Grappling with those questions “has been a significant chunk of my time over the last year,” he noted, adding, “I really think the world is going to rise to the occasion and everybody wants to do the right thing.”

Today’s technology, he said, doesn’t need heavy regulation. “But at some point—when the model can do like the equivalent output of a whole company and then a whole country and then the whole world—maybe we do want some collective global supervision of that and some collective decision-making.”

For now, Altman said, it’s hard to “land that message” and not appear to be suggesting policymakers should ignore present harms. He also doesn’t want to suggest that regulators should go after AI startups or open-source models, or bless AI leaders like OpenAI with “regulatory capture.” 

“We are saying, you know, ‘Trust us, this is going to get really powerful and really scary. You’ve got to regulate it later’—very difficult needle to thread through all of that.”

Join us at the Fortune Workplace Innovation Summit May 19–20, 2026, in Atlanta. The next era of workplace innovation is here—and the old playbook is being rewritten. At this exclusive, high-energy event, the world’s most innovative leaders will convene to explore how AI, humanity, and strategy converge to redefine, again, the future of work. Register now.
About the Author
Steve Mollman
By Steve MollmanContributors Editor
LinkedIn iconTwitter icon

Steve Mollman is a contributors editor at Fortune.

See full bioRight Arrow Button Icon

Latest in Tech

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Fortune Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.


Most Popular

placeholder alt text
Big Tech
The Chan Zuckerberg Initiative cut 70 jobs as the Meta CEO’s philanthropy goes all in on mission to 'cure or prevent all disease'
By Sydney LakeFebruary 1, 2026
1 day ago
placeholder alt text
Success
U.S. Olympic gold medalist went from $200,000-a-year sponsorship at 20 years old to $12-an-hour internship by 30
By Orianna Rosa RoyleFebruary 1, 2026
1 day ago
placeholder alt text
Economy
'I just don't have a good feeling about this': Top economist Claudia Sahm says the economy quietly shifted and everyone's now looking at the wrong alarm
By Eleanor PringleJanuary 31, 2026
2 days ago
placeholder alt text
Future of Work
Ford CEO has 5,000 open mechanic jobs with up to 6-figure salaries from the shortage of manually skilled workers: 'We are in trouble in our country'
By Marco Quiroz-GutierrezJanuary 31, 2026
2 days ago
placeholder alt text
Success
Ryan Serhant starts work at 4:30 a.m.—he says most people don’t achieve their dreams because ‘what they really want is just to be lazy’
By Preston ForeJanuary 31, 2026
2 days ago
placeholder alt text
Energy
Top energy expert says probability the U.S. will attack Iran soon is 75% as risk of major disruption to oil supply is priced in — 'this one is real'
By Jason MaFebruary 1, 2026
19 hours ago

Latest in Tech

AIBots
Elon Musk warns a new social network where AI agents talk to each other is the beginning of the ‘singularity’
By Jason MaFebruary 2, 2026
41 minutes ago
huang
AINvidia
Pledge to invest $100 billion in OpenAI was ‘never a commitment,’ says Nvidia’s Huang
By Debby Wu, Nick Lichtenberg and BloombergFebruary 2, 2026
43 minutes ago
Dario Amodei sits in a white chair in front of a pink background and speaks animatedly.
AIAnthropic
Exclusive: Anthropic announces partnerships with Allen Institute and Howard Hughes Medical Institute as it bets AI can make science more efficient
By Sharon GoldmanFebruary 2, 2026
3 hours ago
NewslettersTerm Sheet
As Silicon Alley turns 30, New York is building its own tech mecca
By Leo SchwartzFebruary 2, 2026
5 hours ago
NewslettersFortune Tech
Start your engines: OpenAI and Anthropic race to IPO
By Alexei OreskovicFebruary 2, 2026
6 hours ago
Startups & Ventureaccounting
Goldman Sachs leads $75 million funding round for Fieldguide, an AI-native accounting and audit platform
By Leo SchwartzFebruary 2, 2026
7 hours ago