OpenAI CEO Sam Altman says he’s ‘politically homeless’ in July 4 post bashing Democrats

OpenAI CEO Sam Altman says he’s ‘politically homeless’ in July 4 post bashing Democrats


OpenAI CEO Sam Altman, pictured, speaks with SoftBank Group CEO Masayoshi Son at an event in Tokyo on Feb. 3, 2025.

Tomohiro Ohsumi | Getty Images News | Getty Images

OpenAI CEO Sam Altman posted on X Friday, saying he finds himself “politically homeless” as the Democratic party is no longer aligned with encouraging a “culture of innovation and entrepreneurship.”

Altman, whose company is a leader in artificial intelligence, made the post in celebration of the Fourth of July, saying he is “extremely proud to be an American” and believes the U.S. “is the greatest country ever on Earth.”

He used the post to share some of his political ideology, saying he believes in “techno-capitalism.”

“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,” he wrote. “One doesn’t work without the other; you cannot raise the floor and not also raise the ceiling for very long.”

Altman, 40, said he’s believed this ideology since he was 20, and that Democrats were aligned with it then but have since lost the plot and have completely “moved somewhere else at this point.”

“I’d rather hear from candidates about how they are going to make everyone have the stuff billionaires have instead of how they are going to eliminate billionaires,” Altman wrote.

That comment appears to have been in response to New York City Democratic mayoral candidate Zohran Mamdani, who this week said he does not think billionaires should exist.

“I don’t think we should have billionaires because, frankly, it is so much money in a moment of such inequality and ultimately what we need more of is equality across our city and across our state and across our country,” Mamdani said on NBC’s “Meet The Press.”

CNBC has reached out to Mamdani’s campaign for comment on Altman’s statement.

WATCH: OpenAI CEO Sam Altman criticizes Meta’s AI talent-poaching effort: Report

OpenAI CEO Sam Altman criticizes Meta's AI talent-poaching effort: Report



Source

New NASA boss Isaacman says U.S. will return to the moon within Trump’s term
Technology

New NASA boss Isaacman says U.S. will return to the moon within Trump’s term

Recently appointed NASA Administrator Jared Isaacman on Friday told CNBC that the U.S. will return to the moon within President Donald Trump’s second term. Isaacman, a close ally of SpaceX CEO Elon Musk, told CNBC’s “Closing Bell Overtime” that Trump’s recommitment to exploring the moon is key to unlocking the “orbital economy.” “We want to […]

Read More
Nvidia’s Groq deal, S&P’s winning week, leather tariffs and more in Morning Squawk
Technology

Nvidia’s Groq deal, S&P’s winning week, leather tariffs and more in Morning Squawk

A trader works on the floor of the New York Stock Exchange. NYSE This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Here are five key things investors need to know to start the trading day: 1. Tiptoeing toward a winning week Stock futures are little changed after the Christmas holiday […]

Read More
Wall Street wrote off Palantir as too expensive. Retail investors can’t get enough
Technology

Wall Street wrote off Palantir as too expensive. Retail investors can’t get enough

Sopa Images | Lightrocket | Getty Images Kyle Dijamco is a proud member of Palantir Technologies‘ fast-growing retail investor base. The Los Angeles-based marketer has bet big on the defense tech stock, even increasing his exposure after a drawdown earlier this year. The 31-year-old’s position now stands at roughly $25,000. “It’s an exciting stock to […]

Read More