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OpenAI CEO Sam Altman says he’s ‘politically homeless’ after Dems’ anti-capitalism shift

July 8, 2025
in Business
Reading Time: 6 mins read
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OpenAI CEO Sam Altman says he’s ‘politically homeless’ after Dems’ anti-capitalism shift
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OpenAI CEO Sam Altman claims he’s “politically homeless” since the Democratic party has abandoned its “culture of innovation and entrepreneurship.”

Altman, whose company is a leader in the artificial intelligence technology race, said that he supported the idea of “techno-capitalism” which originally attracted him to the Democratic party as a 20-year-old.

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Sam Altman wrote that the Democratic party has abandoned its “culture of innovation and entrepreneurship.” AFP via Getty Images

New York Post front page: NYC SOS; Mamdani wins Democratic mayoral primary.
Altman’s post was seemingly in response to Zohran Mamdani saying that he doesn’t think billionaires should exist.

“We should encourage people to make tons of money and then also find ways to widely distribute wealth and share the compounding magic of capitalism. One doesn’t work without the other; you cannot raise the floor and not also raise the ceiling for very long,” Altman wrote in the lengthy July 4th post on X.

The post appeared to be in response to New York City Democratic mayoral candidate Zohran Mamdani saying last week that he doesn’t think billionaires should exist.

Democrats, he said, had seemed “reasonably aligned” with what he called a “culture of innovation and entrepreneurship” that inspired major technological advances  — but have since “completely … moved somewhere else at this point,” the 40-year-old said.

“So now I am politically homeless. But that’s fine; I care much, much more about being American than any political party,” the leader in AI tech wrote.

“I’d rather hear from candidates about how they are going to make everyone have the stuff billionaires have instead of how they are going to eliminate billionaires,” the billionaire said.

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