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OpenAI's employees were given two explanations for why Sam Altman was fired

businessinsider.com

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Re: OpenAI's employees were given two explanations for why Sam Altman was fired

#111

Post by paulddraper »

zombiwoof wrote: post #92

imagine you are Mira. you are told Thursday they will fire Sam. You would think she would at a minimum ask why. Let's assume she does that. Then they give the two reasons Ilya did. What normal non-self serving human would even go along with the plan at that point? Now she realizes she must bail to hitch a ride back on her Sam gravy train. She is major sus here. Any non greed ego driven person would have told the boar…

Or, you're like "WTF is going on, I gotta figure this shit out"

...two days later...

"Oh I see now, you're all morons."

Re: OpenAI's employees were given two explanations for why Sam Altman was fired

#113

Post by spenczar5 »

khazhoux wrote: post #106

An "Independent" board is supposed to be a good thing, right? Doesn't this clown show show that if a board has no skin in the game --apart from reputation-- they have no incentive to keep the company alive?

I think it more shows that the blend of profit/nonprofit was a failure.

Re: OpenAI's employees were given two explanations for why Sam Altman was fired

#114

Post by stingraycharles »

ytoawwhra92 wrote: post #99

Baseless prediction: MSFT buys ownership of OpenAI's for/capped-profit entities, implements a more typical corporate governance structure, re-instates Altman and Brockman. OpenAI non-profit continues to exist with a few staff and no IP but billions in cash. This whole situation is being used to drive the price down to reduce the amount the OpenAI non-profit is left with. SV don't try the "capped-profit owned by a non…

Why would MSFT buy the for-profit entity when they already have the employees and IP?

Re: OpenAI's employees were given two explanations for why Sam Altman was fired

#115

Post by zitterbewegung »

What I don’t understand is how everyone at OpenAI other than the board just resigns and applies to Microsoft and now Microsoft has a new group that not only preserves a competitor but also one that serves the employees by getting them better compensation and no possible limbo of what is in store.

I have built a product around the APIs and I rather go through whatever Microsoft will make me go through than accepting OpenAIs bad management:

Re: OpenAI's employees were given two explanations for why Sam Altman was fired

#117

Post by stingraycharles »

didip wrote: post #112

What will happen to employee’s stock options if they all mass quit and moved to Microsoft? The options will be worth $0, right?

From what I understand, Microsoft realizes this and gives them the equivalent of their OAI stock options in MSFT stock options if they join them now. For some employees, this may mean $10MM+

Re: OpenAI's employees were given two explanations for why Sam Altman was fired

#120

Post by whywhywhywhy »

samspenc wrote: post #23

> One explanation was that Altman was said to have given two people at OpenAI the same project. Have these people never worked at any other company before? Probably every company with more than 10 employees does something like this.

>Have these people never worked at any other company before?

Half the board has not had a real job ever. I’m serious.

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