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OpenAI to remove non-profit control and give Sam Altman equity

reuters.com

11–20 of 70 posts

Re: OpenAI to remove non-profit control and give Sam Altman equity

#11
post #9

> Since then, OpenAI's board has been refreshed with more tech executives, chaired by Bret Taylor, former Salesforce co-CEO who now runs his own AI startup. Any corporate changes need approval from its nine-person non-profit board. Why would the non-profit board approve a change to a for-profit company? Wouldn't this be against the nature of the non-profit entity that was founded and which they are supposed to govern…

This reeks of conflicts of interests

Re: OpenAI to remove non-profit control and give Sam Altman equity

#12

It’s so weird that the person behind Loopt has now come fully in charge of this company and perverted its initial goals so completely. I’m still not clear on what Sam has accomplished or why he was put in charge of YC or OpenAI. Also apparently chairman of Helion Energy (fusion startup). Masterclass in failing up.

I think it is the same reason rich people throw money after Adam Neumann post Wework. They know it is a con and wanna be part of it. They see themself as alpha-wolfes to badass to be losers. Compare to people that shill as true believers in different strange crypto Ponzi-schemes. They think they are in on it.

Being so good that you get in charge of YC, and not fired by PG at all, makes you perfect to meta-morph 'OpenAI' into some dystopian big corp, as seen.

Re: OpenAI to remove non-profit control and give Sam Altman equity

#13
post #10

It’s so weird that the person behind Loopt has now come fully in charge of this company and perverted its initial goals so completely. I’m still not clear on what Sam has accomplished or why he was put in charge of YC or OpenAI. Also apparently chairman of Helion Energy (fusion startup). Masterclass in failing up.

At this stage though, he has no more place to fail up to!

https://x.com/sama/status/1717941041721139488

Re: OpenAI to remove non-profit control and give Sam Altman equity

#14
If Plucky Nonprofit was OAI-1, and Abruptly Serious AI Lab was OAI-2, And Viable Commercial Product was OAI-3, and Scary Brittle Governance With Creepy NSA Ties was OAI-4, then God Emperor of Arrakis is presumably OAI-5.

I figured they’d ship GPT-5 to justify OAI-5, but I guess they’ve realized that they now answer to no one on anything in practical terms.

That’s terrifying.

Re: OpenAI to remove non-profit control and give Sam Altman equity

#16
post #5

Probably now everyone is starting to realize that Sam Altman really is far worse than Elon and everyone was very late to understand this after the coup that happened nearly a year ago. Perhaps this is what Mira, Greg and IIya saw in Sam; his true intentions after that coup. This 'non-profit' / 'for-profit' complication structure + taking capped investment won't be tried again in a very long time after these events.

Mira was appointed CEO after Sam was fired and she fought to bring back Sam, no? Why are people now saying she was part of the coup that fired Sam?

Re: OpenAI to remove non-profit control and give Sam Altman equity

#19
It is weird that I get this news item from my local general interest newspaper in Europe but not from the HN front page, isn't it?

Posted another source (https://news.ycombinator.com/item?id=41653028) since I feel this needs a discussion. This one has a more descriptive headline though.

Re: OpenAI to remove non-profit control and give Sam Altman equity

#20
post #19

It is weird that I get this news item from my local general interest newspaper in Europe but not from the HN front page, isn't it? Posted another source ( https://news.ycombinator.com/item?id=41653028 ) since I feel this needs a discussion. This one has a more descriptive headline though.

Yes very weird this isn’t on the front page
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