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OpenAI board reappoints Altman and adds three other directors

reuters.com

131–140 of 324 posts

Re: OpenAI board reappoints Altman and adds three other directors

#131
post #100
post #59

Earlier quoted context omitted.

He pretty clearly won. There's not much to it. A huge chunk of the company went into open revolt and he got a competing offer that threatened to recruit all of them. There's nothing really underhanded or sneaky about it: the board drastically overplayed their hand, and all Altman and Brockman had to do was say "I call". To use the parlance of this community of people: people's priors here all seem to be that somethin…

My takeaway is that neither side comes out of this looking very good.

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Re: OpenAI board reappoints Altman and adds three other directors

#132
post #107
post #80

Earlier quoted context omitted.

Only sharing this because I learned it myself two months ago and think it's not common knowledge: dang actually is for dan g. and not just the word dang. he never speaks on it but someone mentioned it to me and I thought that was interesting. Anyway yes thank you dan!

He's also allegedly "muscular, bald, and loquacious"! https://www.newyorker.com/news/letter-from-silicon-valley/th...

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Re: OpenAI board reappoints Altman and adds three other directors

#133
post #80

Earlier quoted context omitted.

Thanks Dan.

Only sharing this because I learned it myself two months ago and think it's not common knowledge: dang actually is for dan g. and not just the word dang. he never speaks on it but someone mentioned it to me and I thought that was interesting. Anyway yes thank you dan!

I think you're confusing dang with someone else. dang is actually Da Ng, a Malaysian Chinese hacker extraordinare

Re: OpenAI board reappoints Altman and adds three other directors

#134

Earlier quoted context omitted.

What "maneuver"? They don't appear to have had to do anything to win.

This is true, and yet, they played the opening move.

Yes, my point is that move seems so self-evidently bad --- it was against the interests of most of the employees there, Sam and Greg had huge amounts of leverage, etc --- that it makes the board seem more sus to me than Sam.

Don't get me wrong, I'm not a Sam stan or anything.

Re: OpenAI board reappoints Altman and adds three other directors

#136

Earlier quoted context omitted.

What "maneuver"? They don't appear to have had to do anything to win.

the non-profit board had nothing to win over the greed revolt? except revulsion.

Where by "greed" you mean "the prospect that anybody's equity would be worth anything".

Re: OpenAI board reappoints Altman and adds three other directors

#137

Earlier quoted context omitted.

The non-profit-good-for-humanity speech is such a hypocrisy. All incentives all different stakeholders (employees, leadership, board, investors) have are all aligned with the full for-profit side of the organization. In fact, that’s the only side. “Show me the incentive and I’ll show you the outcome”. Charlie Munger

> “Show me the incentive and I’ll show you the outcome”. Charlie Munger "Show me the loot, and I'll show you the theft" - Willie Sutton (when asked why he robbed banks, what he actually said was "Because that's where the money is")

The "loot" here was compensation for the OpenAI employees actually doing the work, and they took it from a board that was doing... none of that work.

Re: OpenAI board reappoints Altman and adds three other directors

#138
post #80

Earlier quoted context omitted.

Thanks Dan.

Only sharing this because I learned it myself two months ago and think it's not common knowledge: dang actually is for dan g. and not just the word dang. he never speaks on it but someone mentioned it to me and I thought that was interesting. Anyway yes thank you dan!

Yep! His name is Daniel Gackle, here is a 10 year old YN blog from pg introducing him and others:

https://www.ycombinator.com/blog/meet-the-people-taking-over...

Look's like its almost 10 years since he officially joined full-time. We should have a party.

Re: OpenAI board reappoints Altman and adds three other directors

#139

In all the possible timelines, there is no universe in which the review concluded wrongdoing on Altman's part and demanded his immediate removal. Trust me, I checked. In fact, I hired WilmerHale to review all 30,000 possible timelines. After paying them $2M in fees, they concluded that I was right all along.

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Re: OpenAI board reappoints Altman and adds three other directors

#140

Earlier quoted context omitted.

the non-profit board had nothing to win over the greed revolt? except revulsion.

Where by "greed" you mean "the prospect that anybody's equity would be worth anything".

That is greed, everyone who works for OpenAI already had a ton of money since they pay so much, demanding more at the cost of the non-profit mission is greed.

I am fine with people being greedy, but don't say it isn't greed.

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