Foundering

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When sports, business and culture collide, there’s often a deal to be made. Join Alex Rodriguez and Bloomberg correspondent Jason Kelly as they get the inside track from corporate titans, sports champions and game-changing entrepreneurs on investing, strategy, reinvention and the ones that got away. The Deal is a Bloomberg Podcasts and Bloomberg Originals series that’s passionate, relaxed, insightful and inspirational. If you think you know these icons, prepare to be surprised.

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Reality TV stars are freezing their eggs on camera. Lawmakers in DC are debating federal protection for IVF. Hundreds of millions of dollars are being invested in slick startups that market fertility treatments for all. But this rapid growth has revealed cracks in the system. Misconception, a new series from Bloomberg’s Prognosis, follows reporter Kristen V. Brown on her own intimate journey as she uncovers the business of fertility. Along the way, she finds a fractured industry — a profit-driven field of medicine that thrives on dueling messages of hope and fear as people gamble everything for a chance at a baby.

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Right as Sam Altman was at the peak of his success, touring the world to espouse the virtues of AI, his board turned on him. Altman was unceremoniously fired. OpenAI’s coup is a story of secrets, betrayal, employee revolt and Altman’s expert political maneuvering to regain his position of power. In this episode, reporter Ellen Huet also examines Altman’s history of broken promises and alleged manipulation.

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It’s widely predicted that AI will upend the economy and threaten many existing jobs. Sam Altman, in trying to stay ahead of public fears of mass unemployment, has offered universal basic income as a solution. He also has envisioned an AI future of abundance. In this episode, reporter Ellen Huet looks at Altman’s proposals for ending poverty and his current relationship with his sister, Annie Altman, who struggles with homelessness in Hawaii.

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A group of high-level early employees who had glimpsed the fluidity and power of the technology behind ChatGPT left OpenAI to start a new company. Their exit sparked concerns that OpenAI is not prioritizing safety. Meanwhile, the success of ChatGPT drove a craze within the tech industry but also added fuel to existing apocalyptic fears. In this episode, reporter Ellen Huet examines the frenzy around AI, both its utopic dreams and visions of impending doom.

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OpenAI employees were motivated by the dream of building an artificial general intelligence, which could think and solve problems like a human mind. In reality, they sometimes spent their days building bots that played video games. But new research allowed the company to create increasingly powerful AI models, giving them a lead in the AI race. Meanwhile, a power struggle between Sam Altman and Elon Musk led to Musk’s departure from the company. In this episode, reporter Ellen Huet takes a look at OpenAI’s early days and the company’s shift away from its promises to be open-source and nonprofit.

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Sam Altman, CEO of OpenAI, shot to tech stardom with the release of ChatGPT. His company is one of the most valuable startups in the world, and he is treated like an ambassador for the AI future, zipping around the globe, meeting with world leaders. But how did he amass so much power? In this episode, reporter Ellen Huet looks at Altman’s rise and his penchant for forming close bonds with powerful Silicon Valley figures, who in turn have lent their influence and money to his ever-growing ambitions. 

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The biggest story in tech is artificial intelligence, and the biggest story in AI is OpenAI. The company’s rapid progress and blazingly popular consumer products like ChatGPT have pushed tech giants to dump billions of dollars into an AI arms race. OpenAI’s CEO, Sam Altman, has been dogged by persistent allegations of being manipulative, deceitful, and power hungry – even to the point of being fired by his own board. This season of Foundering takes listeners straight to the heart of the AI explosion: feuds, betrayals, billionaires, and the extinction of humanity…. maybe? 

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