Altman Urges Young Founders to Build AI Businesses, Not Copy OpenAI

October 28, 2026
Altman Urges Young Founders to Build AI Businesses, Not Copy OpenAI
  • At Stanford Graduate School of Business, Altman urged young professionals and aspiring founders to pursue fresh entrepreneurial ideas instead of defaulting to once-fashionable career paths, arguing that AI can make products and companies possible that were previously difficult to build.

  • He said AI will eventually perform many tasks better, faster and more cheaply, but expects that transition to unfold over time rather than happen all at once.

  • Altman said the opportunity is not to copy OpenAI, but to build businesses using technology it has released; he suggested those companies could become larger and more important than OpenAI itself, as technological shifts can give new entrants a chance to challenge established businesses.

  • That call comes amid record business formation: U.S. entrepreneurs filed 5.7 million applications to start businesses in 2025, the highest annual total in the two decades the Census Bureau has tracked the measure.

  • Some entrepreneurs are already using AI to run million-dollar businesses with few or no employees, applying it to coding, customer service, marketing, refunds and routine operations.

  • Citadel CEO Ken Griffin has similarly argued that AI can help founders launch quickly and take on established companies with teams of only a few people, rather than 30 to 40.

  • Griffin said an agentic AI system can produce complex financial research in two to three hours, compared with the six to eight weeks employees with advanced degrees might typically need.

  • Other entrepreneurs also see AI as a competitive advantage: Alexis Ohanian says AI-native companies benefit from having the technology built into their organizational DNA, while Mark Cuban has urged founders to use AI to work faster and make smarter decisions.

  • The enthusiasm is not universal among younger workers: a 2026 Glassdoor analysis found positive views of AI among 21% of Gen Z women and 42% of Gen Z men, while a Gallup survey found 48% of employed Gen Zers thought AI’s workplace risks outweighed its benefits and 15% believed the benefits were greater.

  • Those concerns are tied to pressure on early-career work: a 2026 Stanford study found employment declines concentrated in occupations where AI is used more to automate tasks than to complement workers.

  • If AI reshapes tasks before eliminating entire occupations, employers may need to reconsider entry-level hiring and training, while business schools may need to teach students how to build with AI; the record pace of business applications also signals growing interest in AI-native ventures.

  • Altman also expects some work to remain human-centered, noting that people may not want an AI consultant to arrive and tell them what to do.

Summary based on 11 sources


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