Sam Altman, the CEO of OpenAI, says the Democratic Party no longer fosters a “culture of innovation and entrepreneurship,” leaving him feeling “politically homeless.” In a post on X (formerly Twitter), the artificial intelligence (AI) mogul explained that he was drawn to the party in his twenties during what he described as an embrace of “techno-capitalism” under Barack Obama.
“We should encourage people to make tons of money and then also find ways to widely distribute wealth and share the compounding magic of capitalism. One doesn’t work without the other; you cannot raise the floor and not also raise the ceiling for very long,” Altman wrote in the post, seemingly in response to New York City Democratic mayoral candidate Zohran Mamdani—a self-described socialist—who recently declared that billionaires should not exist.
The OpenAI CEO lamented that Democrats, at one time, seemed “reasonably aligned” with a “culture of innovation and entrepreneurship.” However, Altman said he now believes that the party “los[t] the plot when I was 30, and [has] completely… moved somewhere else at this point.”
