Greg Brockman quits OpenAI • Hacker News Board

Re: Greg Brockman quits OpenAI

#141

Post by adastra22 » Sat, Nov 18, 2023, 12:43 AM UTC

dougmwne wrote: post #87

PaulDavisThe1st wrote: post #68

Earlier quoted context omitted.

> Usually they just vote their friends on You actually think that for-profit corporate boards are significantly different, especially in the startup/early IPO phase?

Sure, the investors own the company and the board answers to them. Nonprofits are significantly disconnected from their own financial incentives. I have witnessed it at every nonprofit I have worked for.

In the early stage the investor does not own the startup. 20-30% stake would be typical. Hence why a Series A investor usually demands a board seat and special considerations.

Re: Greg Brockman quits OpenAI

#142

Post by [deleted] » Sat, Nov 18, 2023, 12:43 AM UTC

dekhn wrote: post #112

blast wrote: post #76

Earlier quoted context omitted.

He was chairman of the board, no? surely he was in the meeting? More likely it's some kind of schism and he was on Sam's side.

Just guessing here, but I think the board can form a quorum without the chair, and vote, and as long as they have a majority, i think they can proceed with a press release based on their vote.

[deleted]

Re: Greg Brockman quits OpenAI

#143

Post by yieldcrv » Sat, Nov 18, 2023, 12:43 AM UTC

hilux wrote: post #25

yieldcrv wrote: post #12

nice, hope there are openings in high level positions and they switch to remote I’m never going back to Noe Valley for less than $500,000/yr and a netjets membership

You willing to slum it in a shared seat that has supported other billionaires' behinds? I wouldn't ... but you do you!

I’d otherwise be slumming it in a shared seat that supported middle class behinds

I wouldn't move back to San Francisco anywhere and hybrid would be a midweek affair

Re: Greg Brockman quits OpenAI

#144

Post by reducesuffering » Sat, Nov 18, 2023, 12:43 AM UTC

runjake wrote: post #123

next_xibalba wrote: post #61

Earlier quoted context omitted.

Lolwut? Who is Jimmy Apples?

Founder of e/acc movement.

No, that's BeffJezos https://twitter.com/BasedBeffJezos?ref_src=twsrc%5Egoogle%7C...

Re: Greg Brockman quits OpenAI

#145

Post by tempsy » Sat, Nov 18, 2023, 12:44 AM UTC

lexandstuff wrote: post #62

What an unbelievable turn of events! To the outside observer, OpenAI is one of the most successful, well-oiled machines, shipping nearly weekly and doing an unbelievably good job marketing itself. Clearly, there's a lot of turmoil going on behind the scenes.

Ehh the whole “I don’t have equity” thing was a bit strange to me.

Re: Greg Brockman quits OpenAI

#146

Post by potatopatch » Sat, Nov 18, 2023, 12:44 AM UTC

jumploops wrote: post #10

Greg is the one who announced GPT-4. Sam enabled Greg and vice-versa. The next AI winter may have just begun...

Thomas Crapper stepped down from the Crapper company in 1904, which is why we don't have Crappers today.

Re: Greg Brockman quits OpenAI

#147

Post by andrewstuart » Sat, Nov 18, 2023, 12:44 AM UTC

HissingMachine wrote: post #67

So is this the way the government takes control of the AI, next OpenAI will have new but familiar owners from Raytheon and the other Pentagon crowd?

It’ll be far more mundane than a spy novel plot.

Re: Greg Brockman quits OpenAI

#148

Post by adastra22 » Sat, Nov 18, 2023, 12:44 AM UTC

anon291 wrote: post #53

crop_rotation wrote: post #22

This all seems so weird, and the list of Board members doesn't make this any easier to understand. Apart from the 3 insiders, there are 3 other board members. 2 of them seem complete no names and might not qualify for any important corporate board. In a for profit shareholders in theory control the board, in a non profit I am not even sure of who really has control over things.

> I am not even sure of who really has control over things. Honestly, this is the big problem with Big Non Profit (tm). The entire structure of non-profits is really meant for ladies clubs, Rotary groups, and your church down the street, not openai and ikea.

ikea is a non-profit?!?

Re: Greg Brockman quits OpenAI

#149

Post by [deleted] » Sat, Nov 18, 2023, 12:45 AM UTC

hnthrowaway0315 wrote: post #80

crop_rotation wrote: post #22

This all seems so weird, and the list of Board members doesn't make this any easier to understand. Apart from the 3 insiders, there are 3 other board members. 2 of them seem complete no names and might not qualify for any important corporate board. In a for profit shareholders in theory control the board, in a non profit I am not even sure of who really has control over things.

Maybe non-profits are just frontends of some three letter agencies :)

[deleted]

Re: Greg Brockman quits OpenAI

#150

Post by synaesthesisx » Sat, Nov 18, 2023, 12:45 AM UTC

crop_rotation wrote: post #22

This all seems so weird, and the list of Board members doesn't make this any easier to understand. Apart from the 3 insiders, there are 3 other board members. 2 of them seem complete no names and might not qualify for any important corporate board. In a for profit shareholders in theory control the board, in a non profit I am not even sure of who really has control over things.

What I find incredibly odd is the lack of a Microsoft board seat, considering their large ownership in OpenAI. Something does not add up.