Context: https://news.ycombinator.com/item?id=39635058 You could predict this yesterday from the leaks that were coming out like https://www.nytimes.com/2024/03/07/technology/openai-executi...
OpenAI board reappoints Altman and adds three other directors
61–70 of 324 posts
Re: OpenAI board reappoints Altman and adds three other directors
#62If AGI achieved, Microsoft doesn't have the claim on it commercially. Microsoft with 49% stake in the for-profit entity and non-observer seat, what actually protects Microsoft here? First hand information that AGI is reached? Are we not seeing a card in Microsoft's hand here?
Re: OpenAI board reappoints Altman and adds three other directors
#63Total victory for sama, it seems. The company is his to run. Let’s hope he is a good steward of our emerging new world.
Re: OpenAI board reappoints Altman and adds three other directors
#64Earlier quoted context omitted.
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…
Nah, I think Microsoft will end up buying some form of assets off of OpenAI (it's a non-profit with odd corporate governance that Altman doesn't own stock in, so I don't think they'll buy the whole company) for an extremely exorbitant price. Altman will put in some ambitious but clueless Microsoft manager to run it and move on to his next thing. Then it'll turn out that Gen AI is dramatically overhyped and the real-w…
Re: OpenAI board reappoints Altman and adds three other directors
#65Context: https://news.ycombinator.com/item?id=39635058 You could predict this yesterday from the leaks that were coming out like https://www.nytimes.com/2024/03/07/technology/openai-executi...
Paywall free: https://web.archive.org/web/20240308043717/https://www.nytim...
Re: OpenAI board reappoints Altman and adds three other directors
#66Re: OpenAI board reappoints Altman and adds three other directors
#67Earlier quoted context omitted.
Nah, I think Microsoft will end up buying some form of assets off of OpenAI (it's a non-profit with odd corporate governance that Altman doesn't own stock in, so I don't think they'll buy the whole company) for an extremely exorbitant price. Altman will put in some ambitious but clueless Microsoft manager to run it and move on to his next thing. Then it'll turn out that Gen AI is dramatically overhyped and the real-w…
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The public hasn't really thrown themselves into reverence for Apple since the last Jobs product announcement. Even the Apple Watch's reception was kinda lukewarm. They make good hardware, but they aren't cool hype machines the way they were a decade+ ago.
Re: OpenAI board reappoints Altman and adds three other directors
#68> 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?
Re: OpenAI board reappoints Altman and adds three other directors
#69> The company will also announce the appointment of three new directors, Sue Desmond-Hellmann, a former CEO of the Bill and Melinda Gates Foundation, Nicole Seligman, a former president of Sony Entertainment, and Fidji Simo, CEO of Instacart, the Information said. This selection of directors seems...random? Is there a business reason for these directors? (aside from the obvious YC link with Instacart)
All women, announced on International Women's Day. The only significant side that's obvious.
They pick us large salaries and we build whatever. They pander and we become subservient.
Re: OpenAI board reappoints Altman and adds three other directors
#70If AGI achieved, Microsoft doesn't have the claim on it commercially. Microsoft with 49% stake in the for-profit entity and non-observer seat, what actually protects Microsoft here? First hand information that AGI is reached? Are we not seeing a card in Microsoft's hand here?
Contract law and possession of the model.