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OpenAI CFO Predicts Business Users Will Spend Thousands on AI Tools!

  • December 11, 2024
    Updated
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Key Takeaways:

  1. OpenAI CFO Sarah Friar described President-elect Donald Trump as the “president of this AI generation,” recognizing his leadership during a critical phase of artificial general intelligence (AGI) development.
  2. Despite criticizing OpenAI’s governance, Elon Musk, now leading xAI, is expected to prioritize national interests in the competitive AI landscape.
  3. Friar envisions business users paying thousands of dollars monthly for AI tools, emphasizing value-based pricing tied to productivity and economic gains.
  4. Products like Sora reflect OpenAI’s safety-first approach to innovation, ensuring scalability and user feedback drive product adoption.
  5. ChatGPT now serves 300 million weekly active users, driven by new models like o1, while OpenAI navigates its partnership with Microsoft and explores industry diversification.

OpenAI CFO Sarah Friar lauded President-elect Donald Trump as the leader of a transformative era in artificial intelligence (AI), particularly during the development of AGI, systems designed to surpass human capabilities in economically valuable tasks.

“President-elect Donald Trump could be the ‘president of this AI generation’ as he will take office at a time when critical infrastructure to developing artificial general intelligence (AGI) is built out,” Friar remarked during the Reuters NEXT conference.

She added, “He’s going to be right there at the beginning of it, maybe even as things like AGI, we get there.”

Trump’s administration is expected to influence AI development, including oversight of key technologies and infrastructure.

Notably, he has appointed Elon Musk and Vivek Ramaswamy to lead a task force aimed at reducing government expenditures and regulations, aligning AI’s growth with broader economic goals.

Musk’s Competitive Yet Nationally Focused Approach

Addressing Elon Musk’s criticisms of OpenAI, Friar emphasized trust in his intentions despite the competitive dynamics between OpenAI and Musk’s new venture, xAI.

We trust him…as a competitor, (he) will put first the national interest and compete appropriately,” Friar stated.

Musk, who co-founded OpenAI, has been vocal about the organization’s corporate restructuring but remains a significant player in shaping the future of AI.

Businesses Expected to Pay Premium for AI Tools

Friar outlined OpenAI’s vision for value-based pricing, suggesting that business users could eventually pay thousands per month for AI tools that enhance productivity.

“If it’s helping me move about the world with literally a Ph.D.-level assistant for anything that I’m doing, there are certainly cases where that would make all the sense in the world,” Friar explained.

Currently, OpenAI offers consumer subscriptions at $20 and $200 per month, alongside enterprise pricing on a per-user basis.

However, Friar noted the potential for charging businesses based on the economic value derived from AI, such as reducing hiring needs or enhancing operational efficiency.

“How might you have had to finance that otherwise? Would you have had to go out and hire more people? How do you think about the replacement cost to some degree, and then how do we create a fair pricing for that?” she asked, emphasizing AI’s role as a workforce multiplier.

Measured Expansion with Safety at the Core

OpenAI’s recent launch of the video generation tool Sora reflects its safety-first approach to innovation.

Sora’s rollout was limited to a small user base to ensure scalability and gather feedback.

“Some of it is just we need capacity, but a lot of it is also we want to be measured…it’s only available to a very small selection of people today, because we want to listen and learn,” Friar explained, highlighting a slower, more deliberate product release strategy compared to ChatGPT.

In 2024, OpenAI plans to introduce more autonomous AI agents capable of handling daily tasks, aligning with the company’s long-term vision of enhancing user productivity and convenience.

“I think we are going to see a lot of motion next year around agents, and I think people are going to be surprised at how fast this technology comes at us,” Friar predicted.

ChatGPT Growth and the Microsoft Partnership

OpenAI continues to experience rapid growth, with ChatGPT’s weekly active users rising from 200 million in August to 300 million, driven by the release of new reasoning models like o1.

Despite governance controversies and executive turnover, Friar sees a “re-acceleration” in user adoption.

The company also maintains a strong partnership with Microsoft, its largest investor, while exploring industry diversification to foster broader growth.

Friar stated, “We think about it … in terms of helping each other grow, but also recognizing that diversification is a good thing as well, in terms of growing the whole industry.”

Despite governance-related controversies and a wave of executive departures, OpenAI continues to experience rapid expansion.

OpenAI is at the forefront of a transformative era in artificial intelligence, driven by its strategic vision for value-based pricing, safety-focused innovation, and collaborative growth with industry leaders like Microsoft.

December 11, 2024: Ex-OpenAI Researcher Secures $40M to Build Empathetic Audio AI!

December 6, 2024: OpenAI Rolls Out $200/Month Version of o1 with Advanced ‘Reasoning’ Features!

December 5, 2024: OpenAI CEO Sam Altman Says AI Threats Are Overblown, Dismisses Musk’s Warnings!

For more news and trends, visit AI News on our website.

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Midhat Tilawat is endlessly curious about how AI is changing the way we live, work, and think. She loves breaking down big, futuristic ideas into stories that actually make sense—and maybe even spark a little wonder. Outside of the AI world, she’s usually vibing to indie playlists, bingeing sci-fi shows, or scribbling half-finished poems in the margins of her notebook.

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