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OpenAI investors keep pushing for Sam Altman’s return

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Re: OpenAI investors keep pushing for Sam Altman’s return

#61
post #50
post #8

Earlier quoted context omitted.

Did you use a business email?

No. Do I have to set that up in order to get access?

The form says "Your company email address" gmail/hotmail/outlook will be denied ha

edit: it is curious about this... you could get past that with mailgun but then they ask for company address, company phone number, etc... vs. OpenAI where you can sign up with a gmail account. Anti abuse?

Re: OpenAI investors keep pushing for Sam Altman’s return

#62

Does anybody know who is currently CEO of OpenAI? Friday, Sam. Saturday, Mira. Sunday was a day off, Monday it was Emmet so who is it for today? Kidding aside, the board is under more and more pressure but - surprisingly - they haven't folded yet. I am interpreting that as that they are trying to get something out of it that nobody is willing to give them. The new CEO is also surprisingly not to be found at all, no p…

I don’t think the board is under any pressure. If they don’t do anything else they just need the employees to fold on their threat to resign. Even if the employees resign, ChatGPT is still running and there are lots of people willing to take the defecting employees spots. The only thing they are pressured on is to fill in the story for the media point of view which is irrelevant to the actual functioning of OpenAI.

[dead]

Re: OpenAI investors keep pushing for Sam Altman’s return

#63

Does anybody know who is currently CEO of OpenAI? Friday, Sam. Saturday, Mira. Sunday was a day off, Monday it was Emmet so who is it for today? Kidding aside, the board is under more and more pressure but - surprisingly - they haven't folded yet. I am interpreting that as that they are trying to get something out of it that nobody is willing to give them. The new CEO is also surprisingly not to be found at all, no p…

It is safe to say OpenAI has become ungovernable since last Friday, unless that person is Sam/Greg

Re: OpenAI investors keep pushing for Sam Altman’s return

#65

Earlier quoted context omitted.

I don’t think the board is under any pressure. If they don’t do anything else they just need the employees to fold on their threat to resign. Even if the employees resign, ChatGPT is still running and there are lots of people willing to take the defecting employees spots. The only thing they are pressured on is to fill in the story for the media point of view which is irrelevant to the actual functioning of OpenAI.

These words are gonna get ate one way or another. There is no outcome where the current board wins. Emmet is already threatening the board with resignation unless they provide evidence of wrongdoing [1]. Which they don't have, because they would have revealed it already. They are empty shirts. [1] https://x.com/emilychangtv/status/1727020834005700914?s=20

Why? The board announced the removal of a CEO which they have the power to do. It upset a bunch of employees who liked the CEO. The board is in search of a new CEO.

OpenAI’s valuation isn’t because Sam Altman is worth $90B it’s the tech. The tech is fine. Investors have no reason to worry about their investment in the tech.

The people under pressure are Sam Altman trying to reclaim his job he was fired from and Satya Nadella who is running a campaign to eat OpenAI. None of that is related to the functioning tech of OpenAI, all of it is related to the drama of what happened. Drama is not equal to money.

I was sad when my favorite pet died too, but then eventually you get a new pet that’s just as good as a Worldcoin guy, maybe better.

Re: OpenAI investors keep pushing for Sam Altman’s return

#66

Earlier quoted context omitted.

I don’t think the board is under any pressure. If they don’t do anything else they just need the employees to fold on their threat to resign. Even if the employees resign, ChatGPT is still running and there are lots of people willing to take the defecting employees spots. The only thing they are pressured on is to fill in the story for the media point of view which is irrelevant to the actual functioning of OpenAI.

These words are gonna get ate one way or another. There is no outcome where the current board wins. Emmet is already threatening the board with resignation unless they provide evidence of wrongdoing [1]. Which they don't have, because they would have revealed it already. They are empty shirts. [1] https://x.com/emilychangtv/status/1727020834005700914?s=20

In a normal corporation, they would be empty shirts, because ultimately they serve at bequest of the share holders. But this is a non-profit so they actually have a lot of power and don't need to answer to anyone.

Re: OpenAI investors keep pushing for Sam Altman’s return

#67
post #32

Earlier quoted context omitted.

They can't simply by additional 2%

Why not? An emission could be done and whoever has the right to buy could pick it up. End of story.

My understanding is the OpenAI holding company, which is controlled by the board of directors, owns 51% of the capped-profit company, with Microsoft owning the other 49%. There doesn't seem to be a scenario where Microsoft can buy a controlling interest without the boards approval.

Re: OpenAI investors keep pushing for Sam Altman’s return

#68

Earlier quoted context omitted.

I don’t think the board is under any pressure. If they don’t do anything else they just need the employees to fold on their threat to resign. Even if the employees resign, ChatGPT is still running and there are lots of people willing to take the defecting employees spots. The only thing they are pressured on is to fill in the story for the media point of view which is irrelevant to the actual functioning of OpenAI.

These words are gonna get ate one way or another. There is no outcome where the current board wins. Emmet is already threatening the board with resignation unless they provide evidence of wrongdoing [1]. Which they don't have, because they would have revealed it already. They are empty shirts. [1] https://x.com/emilychangtv/status/1727020834005700914?s=20

So no evidence of wrongdoing then:

-----> WHY DID THEY DO IT? SERIOUSLY! They all just decided to wake up that day and say let's go fire Sam and blow up the company because "lack of candor" that they can't even give details on?? These are serious people doing serious stuff. These are not idiots. What the heck is going on? Can anyone explain?

Re: OpenAI investors keep pushing for Sam Altman’s return

#70
post #41

Earlier quoted context omitted.

> Does anybody know who is currently CEO of OpenAI? Emmett Shear. Altman won't be back. Investors like success and returns but they don't like companies where all the employees have basically sworn out an oath of fealty to the CEO, as it means they (the investors) have basically no control over anything.

> where all the employees have basically sworn out an oath of fealty to the CEO, as it means they (the investors) have basically no control over anything. Another interpretation: those closest to the internal workings of the business believe that a certain person is best capable of managing the business. Turns out that person is also who the investors believe in. So rather than fealty to a person, they are simply vot…

> So rather than fealty to a person

Have you _seen_ the bizarre behaviour that's occurring on twitter? Retweeing heart emojis, making weird declarations of faith, acting in lockstep? They're 100% swearing fealty and it's incredibly weird.

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