291–300 of 787 posts
Earlier quoted context omitted.
There's absolutely no sense in talking about OpenAI as a nonprofit at this point. The new board and Altman talk about the governance structure changing, and I strongly believe they will maximize their ability to run it as a for-profit company. 100x profit cap is a very large number on an $80 billion valuation.
Change the name while you are at it; the company is not any more "open" than the next shop.
Brett Taylor is probably pumped to be competing directly with Elon Musk after their Twitter interactions.
Almost no one is talking about Brett. Either he is here to scare Musk, or - more likely IMO - to act as a Musk lightning rod. Musk takeover part 2?
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Ya, it's a joke at this point. Better they just kill the non-profit and stop pretending.
Why doesn't the government do it for them, fining them along the way?
Do we have any more insight into why he was fired in the first place?
Not really. But Helen Toner has been tweeting a little "To be clear: our decision was about the board's ability to effectively supervise the company, which was our role and responsibility. Though there has been speculation, we were not motivated by a desire to slow down OpenAI’s work." https://twitter.com/hlntnr/status/1730034020140912901
It just doesn't fit with everyone's behavior -- that's something that would have been talked about loudly.
Altman lying to the board, especially in pursuit of board control, fits more cleanly with everyone's actions (and reluctance to talk about what exactly precipitated this).
- Altman tries to effect board control
- Confidant tells other board members (Ilya?)
- Board asks Altman if he tried
- Altman lies
- Board fires Altman
Why jump to AGI as an explanation, when standard human drama will suffice?
It all looks staged or planned by someone or something.
The key to find out is to look for a business move that used to be illegal but now became legal due to the unfolding events.
> The fact that we did not lose a single customer will drive us to work even harder for you, and we are all excited to get back to work. I'm not a big customer, but I am starting the process of moving away from OpenAI in response to these events
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Well, their big mistake was being unwilling to be clear and explicit about this, but as I read it, the board's problem with him was that he wasn't actually acting as the executive of the non-profit that he was meant to be the executive of, but rather was acting entirely in the interests of a for-profit subsidiary of it (and in his own interests), which were in conflict with the non-profit's charter. I think where the…
Regardless of the board's failure to make their case, recent news suggests that the SEC is going to investigate whether it is true that Altman acted in the manner you describe, which would be a violation of fiduciary duty. I agree that it seems like an open & shut case. Typical SEC timelines mean that this will go public in about 18 months from now. An anonymous person has already filed an SEC whistleblower complaint…