I would like people to sign a lifetime contract to not criticize me.
OpenAI departures: Why can’t former employees talk?
181–190 of 1001 posts
Re: OpenAI departures: Why can’t former employees talk?
#182[deleted]
Re: OpenAI departures: Why can’t former employees talk?
#183Totally normal, nothing to see here.
Keep building your disruptive, game-changing, YC-applicant startup on the APIs of this sociopathic corporation whose products are destined to destroy all trust humans have in other humans so that everyone can be replaced by chatbots.
It's all fine. Everything's fine.
Re: OpenAI departures: Why can’t former employees talk?
#184Re: OpenAI departures: Why can’t former employees talk?
#185Earlier quoted context omitted.
ITT: a bunch of laymen thinking their 2 second proposal will outlawyer the team of lawyers who drafted these.
I am a lawyer. This is not just a general release, and I have no idea how OpenAI's lawyers expect this to be legal.
Have you read the actual document or contracts? Opining on stuff you haven't actually read seems premature. Read the contract, then tell us which clause violates which statute, that's useful.
Re: OpenAI departures: Why can’t former employees talk?
#186"Even acknowledging that the NDA exists is a violation of it." now its not so much more open anymore right
Re: OpenAI departures: Why can’t former employees talk?
#187Earlier quoted context omitted.
OpenAI is not the government. Yet.
A lot of people forget that although 1A means the government can’t put you in prison for things, there are a lot of pretty unpleasant consequences from private entities. As far as I know, it wouldn’t be illegal for a dentist to deny care to someone who criticized them, for example.
Right, and that's why larger companies need regulation around those consequences. If a dentist doesn't want to treat you because you criticized them, that's fine, but if State Farm doesn't want to insure your dentistry because you criticized them, regulators shouldn't allow that.
Re: OpenAI departures: Why can’t former employees talk?
#188The only way I can see this being a valid contract is if the equity grant that they get to keep is a new grant offered the time of signing the exit contract. Any vested equity given as compensation for work could not then be offered again as consideration for signing a new agreement. Maybe the agreement is "we will accelerate vesting of your unvested equity if you sign this new agreement"? If that's the case then it…
My initial reaction was "Hold up - your RSUs vest, you sell the shares and pocket the cash, you quit OpenAI, a few years later you disparage them, and then when? They somehow try and claw back the equity? How? At what value? There's no way this can work." Then I remembered that OpenAI "equity" doesn't take the form of an RSU or option or anything else that can be converted into an actual share ever. What they call "e…
This is wrong on multiple levels. (to be clear I don't work at OAI)
> They don't share the equivalent of a Cap Table with employees, so there's no way to tell what sort of ownership interest a PPU represents
It is known - it represents 0 ownership share. They do not want to sell any ownership because their deal with MS gives MS 49% ownership and they don't want MS to be able to buy up additional stake and control the company.
> And of course, it's unlikely OpenAI will ever turn a profit (which if they did would be capped anyway). So this is all just play money anyway.
Putting aside your unreasonable confidence that OAI will never be profitable, the PPUs are tender offered so they can be sold to institutional investors up to a very high limit, OAIs current tender offer round values them at ~$80b iirc
Re: OpenAI departures: Why can’t former employees talk?
#189"Even acknowledging that the NDA exists is a violation of it." now its not so much more open anymore right
The scriptwriters are in such a hurry -- even they know this show isn't getting renewed.
Re: OpenAI departures: Why can’t former employees talk?
#190Totally normal, nothing to see here. Keep building your disruptive, game-changing, YC-applicant startup on the APIs of this sociopathic corporation whose products are destined to destroy all trust humans have in other humans so that everyone can be replaced by chatbots. It's all fine. Everything's fine.
You don’t think the claim that “everyone can be replaced by chatbots” is a bit outrageous?
Do you really believe this or is it just hyperbole?