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India… Accepts Reality, Unacademy CEO Responds to Sam Altman’s ‘hopeless’ Comments

The CEO of OpenAI has clarified in his statement, which he makes last week during after visit to India. Where Unacademy CEO Munjal responds on Sam Altman’s comments that India should not just focus on dominating IT services and Software as a Service (SaaS) platforms, but should strive for greater success.

OpenAI founder and CEO, Sam Altman, has clarified his statement about feeling “hopeless” during his recent visit to India. The young CEO also gained the support of Unacademy’s CEO, Gaurav Munjal, who emphasized that we should accept the fact that Indian entrepreneurs and investors often lack a long-term perspective when it comes about to building and investing in things.

“On Saturday, Munjal tweet, ‘We haven’t created a worldwide social network, operating system, browser, or cloud infrastructure. However, we get extremely upset by @sama’s statement.'”

The CEO of Unacademy continued and said, “I genuinely want to show global products and companies originating from our India. However, we must also acknowledge the current reality. Indian founders and investors often lack a long-term perspective when it comes to building and investing.”

He further emphasized theindia need to create a strong ecosystem, one that can nurture the development of the next OpenAI within the country. He added that Indians should aim for more than just dominating Software-as-a-Service (SaaS) and IT services.

What is the controversy behind this?

Altman is currently traveling in Asia and recently visit in India. During this, he had the opportunity to meet Prime Minister Narendra Modi and attend several events, including one organized by The Economic Times. It was at this event that former Google India chief Rajan Anandan asked him a question.

When Anandan asked Altman for advice on, how Indian startups could develop models similar to OpenAI.

The CEO of OpenAI and founder responded by saying, “We tells you that it’s extremely difficult to compete with us, in training foundation models, and you shouldn’t attempt it. But it’s your responsibility to try anyway. I genuinely believe in both of these statements. I think it is pretty hopeless.”

After this Sam Altman’s comments created significant controversy, with even Tech Mahindra CEO CP Gurnani “accepting” Altman’s “challenge” that Indian companies would not be able to match the skills of their counterparts in the United States.

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