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OpenAI board reappoints Altman and adds three other directors

reuters.com

31–40 of 324 posts

Re: OpenAI board reappoints Altman and adds three other directors

#31

The conclusion just raises further questions on why the coup happened, other than a "consequence of a breakdown in the relationship and loss of trust between the prior Board and Mr. Altman".

The answer is that Altman tried to get the Board removed, the Board found out and snap fired him, which scared the shit out of Microsoft. The prior and new Boards both cannot make the allegation that Altman tried to commit a corporate coup, albeit for different reasons[0], so we're never going to get official confirmation of anything. My prediction is that Altman will, unmoored from any sort of accountability, wind u…

> My prediction is that Altman will, unmoored from any sort of accountability, wind up fucking shit up like every god damned SV founder, get fired, and then OpenAI will wind up being eaten by Microsoft for a song.

this is why microsoft loves sama. of course the firing spooked them. it would have seriously soured the trajectory.

so much cleaner to let sama take the wheel.

everyone important goes home rich, or at least happy, they think. ms gets a gold-painted goose. sama will undoubtedly get some form of gold plated escape hatch, parachute, life raft, etc.

Re: OpenAI board reappoints Altman and adds three other directors

#33

I'm not necessarily saying they're wrong, but there's really no way to put out a release like this without a "history is written by the victors" vibe coming across.

“When you strike at a king, you must kill him.”

Re: OpenAI board reappoints Altman and adds three other directors

#34

The conclusion just raises further questions on why the coup happened, other than a "consequence of a breakdown in the relationship and loss of trust between the prior Board and Mr. Altman".

The answer is that Altman tried to get the Board removed, the Board found out and snap fired him, which scared the shit out of Microsoft. The prior and new Boards both cannot make the allegation that Altman tried to commit a corporate coup, albeit for different reasons[0], so we're never going to get official confirmation of anything. My prediction is that Altman will, unmoored from any sort of accountability, wind u…

> My prediction is that Altman will, unmoored from any sort of accountability, wind up fucking shit up like every god damned SV founder, get fired

Who has this happened to except for Travis kalanick at Uber?

Re: OpenAI board reappoints Altman and adds three other directors

#35
post #28

> reviewed more than 30,000 documents As somebody completely ignorant of the inner workings of the legal trade, can somebody explain what this means? Does this mean a group of informed humans reviewed 30k docs? Does this mean 30k docs were grep’d for keywords? Somewhere in between?

IANAL but I'm guessing it means they loaded 30k documents into an e-discovery system and performed at least one search over the entire index of documents.

Re: OpenAI board reappoints Altman and adds three other directors

#36
post #28

> reviewed more than 30,000 documents As somebody completely ignorant of the inner workings of the legal trade, can somebody explain what this means? Does this mean a group of informed humans reviewed 30k docs? Does this mean 30k docs were grep’d for keywords? Somewhere in between?

It means it cost OpenAI a lot in legal fees to keep Altman in power.

With all of this boardroom drama, no wonder Microsoft is starting to diversify its AI investments.

Re: OpenAI board reappoints Altman and adds three other directors

#37

I'm not necessarily saying they're wrong, but there's really no way to put out a release like this without a "history is written by the victors" vibe coming across.

I mean, they could've leaned into it more.

Something like announced with this that their new model "Rubicon" had, under the resumed leadership of Altman, crossed a milestone threshold.

Re: OpenAI board reappoints Altman and adds three other directors

#40

The conclusion just raises further questions on why the coup happened, other than a "consequence of a breakdown in the relationship and loss of trust between the prior Board and Mr. Altman".

The answer is that Altman tried to get the Board removed, the Board found out and snap fired him, which scared the shit out of Microsoft. The prior and new Boards both cannot make the allegation that Altman tried to commit a corporate coup, albeit for different reasons[0], so we're never going to get official confirmation of anything. My prediction is that Altman will, unmoored from any sort of accountability, wind u…

OpenAI is a nonprofit which changes most motivations for the board. They are ultimately tasked with preserving the mission rather than profit which cases Altman in a very poor light here.

There is a for profit subsidiary which Microsoft invested 13 billion in, but that can't return money to board members only Altman and it's investors.

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