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Sam Altman Says He’s Envious of Today’s College Dropouts as AI Opens Startup Doors

He frames soaring tuition alongside accessible AI tools as creating unusually favorable conditions for young founders.

Overview

  • Speaking with Rowan Cheung at DevDay on Monday, the OpenAI CEO said the opportunity space for building in AI is unusually wide for people in their early 20s.
  • Altman said he lacks the free mental space to start something new now but believes there are many compelling products to build in the current AI wave.
  • He pointed to sharply higher college costs, with some four‑year degrees topping roughly $500,000, and easier‑to‑use coding tools as key factors lowering barriers to entrepreneurship.
  • Investor and accelerator signals echo the trend, with a16z calling this the best time in a decade for dropouts and YC’s share of college students or new grads rising from about 10% to about 30% over two years.
  • In April, Palantir launched a paid Meritocracy Fellowship for recent high school graduates not enrolled in college, and Altman noted that durable product advantages often emerge through iteration, citing ChatGPT’s unplanned memory feature.