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SA Sam Altman Sam Altman Entrepreneur and investor who has served as CEO of OpenAI since 2019, leading the company behind ChatGPT and its research on artificial general intelligence.

“I think we will sort of never be out of the compute shortage. I've never seen any commodity quite like this one, but it seems to me like the demand for sufficiently high quality intelligence at a sufficiently low price is effectively uncapped.”

Y Combinator Startup Podcast · Startups & Venture · July 2026

“I think we will sort of never be out of the compute shortage. I've never seen any commodity quite like this one, but it seems to me like the demand for sufficiently high quality intelligence at a sufficiently low price is effectively uncapped.” — Sam Altman, Y Combinator Startup Podcast

Context

Responding to a question about inference demand, Altman argues compute will stay scarce. He compares it to electricity and to old claims that nobody would need more than 640k of RAM: there is always more to do with extra intelligence.

Transcript

Y Combinator Startup Podcast Around 34:44 into the episode
Sam Altman

the world can support that many years of 1,000 X in a row. Fair enough. But we'll try our best. We'll figure something out.

Garry Tan

I mean, the capacity, I guess it's just a function of how much bigger your ambitions are for intelligence and how, you know, if you do a lot more.

Sam Altman

I think we will sort of never be out of the compute shortage. I've never seen any commodity quite like this one, but it seems to me like the demand for sufficiently high quality intelligence at a sufficiently low price is effectively uncapped. The demand for electricity certainly goes up as the price goes down. But at some point, like it gets harder to figure out incremental things to do with electricity, or at least historically it has. But there's a lot of things to do with incremental intelligence. You can just keep having stuff be better for you. It reminds me of some of those quotes from the early computing revolution. When…

Garry Tan

So all of these things happen. They come to pass. It's 10 years from now. What's the best version of that 10 years from now with intelligence fully on tap, super intelligence here? And we figure it out. We make it. The society makes it.

Sam Altman

I kind of think if every year people have more freedom and agency to spend more of their time doing the stuff they want to do, and they feel like the quality of life and the quality of their time is going up year after year, we'll probably be mostly okay. We will have avoided like a crazy…

Garry Tan

Let me put you back into the sophomore year of Stanford. You're coming to YC. If you could give yourself a message in a bottle to that Sam Altman, what would you say to him right now?

Speaker names come from our own diarization. The position is estimated from where the line sits in the episode.

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