All Episodes

December 18, 2024 62 mins

Once upon a time, artificial general intelligence was the only business plan OpenAI seemed to have. Tech journalist Brian Merchant joins Emily and Alex for a time warp to the beginning of the current wave of AI hype, nearly a decade ago. And it sure seemed like Elon Musk, Sam Altman, and company were luring investor dollars to their newly-formed venture solely on the hand-wavy promise that someday, LLMs themselves would figure out how to turn a profit.

Brian Merchant is an author, journalist in residence at the AI Now Institute, and co-host of the tech news podcast System Crash.

References:

Elon Musk and partners form nonprofit to stop AI from ruining the world

How Elon Musk and Y Combinator Plan to Stop Computers From Taking Over

Elon Musk's Billion-Dollar AI Plan Is About Far More Than Saving the World

Brian’s recent report on the business model of AGI, for the AI Now Institute: AI Generated Business: The rise of AGI and the rush to find a working revenue model

Previously on MAIHT3K: Episode 21: The True Meaning of 'Open Source' (feat. Sarah West and Andreas Liesenfeld)

Fresh AI Hell:

OpenAI explores advertising as it steps up revenue drive

If an AI company ran Campbell's Soup with the same practices they use to handle data

Humans are the new 'luxury item'

Itching to write a book? AI publisher Spines wants to make a deal

A company pitched Emily her own 'verified avatar'

Don't upload your medical images to chatbots

A look at a pilot program in Georgia that uses 'jailbots' to track inmates

Check out future streams on Twitch. Meanwhile, send us any AI Hell you see.

Our book, 'The AI Con,' is out now! Get your copy now.

Subscribe to our newsletter via Buttondown.

Follow us!

Emily

Alex

Music by Toby Menon.
Artwork by Naomi Pleasure-Park.
Production by Christie Taylor and Ozzy Llinas Goodman.

Mark as Played

Advertise With Us

Popular Podcasts

24/7 News: The Latest
The Clay Travis and Buck Sexton Show

The Clay Travis and Buck Sexton Show

The Clay Travis and Buck Sexton Show. Clay Travis and Buck Sexton tackle the biggest stories in news, politics and current events with intelligence and humor. From the border crisis, to the madness of cancel culture and far-left missteps, Clay and Buck guide listeners through the latest headlines and hot topics with fun and entertaining conversations and opinions.

The Charlie Kirk Show

The Charlie Kirk Show

Charlie is America's hardest working grassroots activist who has your inside scoop on the biggest news of the day and what's really going on behind the headlines. The founder of Turning Point USA and one of social media's most engaged personalities, Charlie is on the front lines of America’s culture war, mobilizing hundreds of thousands of students on over 3,500 college and high school campuses across the country, bringing you your daily dose of clarity in a sea of chaos all from his signature no-holds-barred, unapologetically conservative, freedom-loving point of view. You can also watch Charlie Kirk on Salem News Channel

Music, radio and podcasts, all free. Listen online or download the iHeart App.

Connect

© 2025 iHeartMedia, Inc.