251–260 of 1001 posts
I woke up and the first thing on my mind was, "Any update on the drama?" Did not expect to see this whole thing still escalating! WOW! What a power move by MSFT. I'm not even sure OpenAI will exist by the end of the week at this rate. Holy moly.
By the end of the week is over-optimistic. Foe the last 3 days feels like million year. I bet the company will be gone by the time Emmett Shear wakes up
This was handled so very, very poorly. Frankly it's looking like Microsoft is going to come out of this better than anyone, especially if they end up getting almost 500 new AI staff out of it (staff that already function well as a team). > In their letter, the OpenAI staff threaten to join Altman at Microsoft. “Microsoft has assured us that there are positions for all OpenAI employees at this new subsidiary should we…
Sounds like that's what someone wants and is trying to obfuscate what's going on behind the scenes.
If Windows 11 shows us anything about Microsoft's monopolistic behavior, having them be the ring of power for LMM's makes the future of humanity look very bleak.
If anything this proves that everybody is replaceable and fireable, they should be happy because usually that treatment is only reserved to workers.
Whatever made OpenAI successful will still be there within the company. Next man up philosophy has built so many amazing organizations and ruined none.
At this point, I think it’s absolutely clear no one has any idea what happened. Every speculation, no matter how sophisticated, has been wrong. It’s time to take a breath, step back, and wait until someone from OpenAI says something substantial.
Earlier quoted context omitted.
In hindsight firing Sam was a self-destructing gamble by the OpenAI board. Initially it seemed Sam may have committed some inexcusable financial crime but doesn't look so anymore. Irony is that if a significant portion of OpenAI staff opt to join Microsoft, then Microsoft essentially killed their own $13B investment in OpenAI earlier this year. Better than acquiring for $80B+ I suppose.
There's acquihires and then I guess there's acquifishing where you just gut the company you're after like a fish and hire away everyone without bothering to buy the company. There's probably a better portmanteau. I seriously doubt Microsoft is going to make people whole by granting equivalent RSUs, so you have to wonder what else is going on that so many seem ready to just up and leave some very large potential payda…
I think it was Mark Zuckerberg that described (pre-Elon) Twitter as a clown car that fell into a gold mine. Reminds me a bit of the Open AI board. Most of them I'd never heard of either.
The old twitter did not decide to randomly detonate themselves when they were worth $80 billion. In fact they found a sucker to sell to, right before the market crashed on perpetually loss-making companies like twitter.
And now we see who has the real power here. Let this be a lesson to both private and non-profit companies. Boards, investors, executives... the structure of your entity doesn't matter if you wake any of the dragons: 1. Employees 2. Customers 3. Government
This is 1 in 200000 event
Employees are the most affected stakeholders here and the board utterly failed in their duty of care towards people that were not properly represented in the board room. One thing they could do is to unionize and then force that they be given a board seat.
At this point, I think it’s absolutely clear no one has any idea what happened. Every speculation, no matter how sophisticated, has been wrong. It’s time to take a breath, step back, and wait until someone from OpenAI says something substantial.