Overview

• On July 4, Altman announced on X that he felt “politically homeless,” accusing Democrats of abandoning innovation and prioritizing his American identity over party affiliation
• He outlined a techno-capitalism vision at the Sun Valley conference, arguing that encouraging wealth creation must go hand in hand with widely sharing its benefits
• Altman urged Congress to establish federal AI safety oversight and cited OpenAI’s role in the $500 billion Trump-backed Stargate project as a model for national coordination
• He mocked Elon Musk’s recent political ventures with the quip “Elon busts up with everybody” and downplayed Meta’s aggressive talent raids as targeting lesser-known researchers
• His public split underscores a broader rightward shift among Silicon Valley elites in response to rising regulatory scrutiny and anti-billionaire sentiment