Business · Fortune Technology
Some tech firms argue that outright bans simply push children to shadow accounts that can’t be as easily regulated
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Whatever your take, the devil will be in the details. — Who is Satoshi Nakamoto?
Key facts
- Prime Minister Kyriakos Mitsotakis said this week that Greece will move to ban social media (but not messaging) access for children under age 15 beginning January 1, 2027
- While Altman is surely the consummate capitalist—see: his multibillion-dollar net worth and his many timely investments in startups with names like Airbnb, Stripe, and Uber—his arrangement
- The company formerly known as Facebook officially introduced the first AI model from the Alexandr Wang era
- Arm CEO Rene Haas may be tasked with running SoftBank’s international biz
Summary
With all the recent hubbub about OpenAI, the reporter has repeatedly seen a particular piece of misinformation about its CEO Sam Altman: how much equity he has in the turbocharged AI company. While Altman is surely the consummate capitalist—see: his multibillion-dollar net worth and his many timely investments in startups with names like Airbnb, Stripe, and Uber—his arrangement with OpenAI is a $76,000 salary and a “for love of the game” narrative. The company formerly known as Facebook officially introduced the first AI model from the Alexandr Wang era. The model promises, in that grand tech industry tradition, results that are smarter, better, faster, and stronger than what came before. Investors, for some time skeptical of Meta’s eye-watering AI investments, were impressed.