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Microsoft was blindsided by OpenAI's ouster of CEO Sam Altman

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Re: Microsoft was blindsided by OpenAI's ouster of CEO Sam Altman

#71
post #46
post #27

Greg Brockman has also left: https://twitter.com/gdb/status/1725667410387378559

What's with the lowercase? I think it's cute if someone is being deliberately low-effort, or trying to present that way, but IMO it's cringe to use it for consequential official statements like this.

fan of e e cummings

Re: Microsoft was blindsided by OpenAI's ouster of CEO Sam Altman

#72
post #4

Something big and bad was going on at OpenAI, and if I were MSFT I would be very nervous about the money that you’ve invested in OpenAI right now.

Or not nervous at all:

“we’re committed to delivering all of this to our customers ... We have ... full access to everything we need to deliver on our innovation agenda...”

I'd argue this is signaling they have the IP / source code / models / etc.

(Which, for what it's worth, is common in substantial partnership agreements.)

Re: Microsoft was blindsided by OpenAI's ouster of CEO Sam Altman

#73
post #35

Earlier quoted context omitted.

The "coup by MSFT" conspiracy theory made no sense. Microsoft has an insanely good deal with OpenAI: * Exclusive access to resell OpenAI's technology and keep nearly all of that revenue for themselves, both cloud and services * Receive 75% of OpenAI's profits up to $1 trillion All they had to do is not rock the boat and let the golden goose keep laying eggs. A massive disruption like this, so soon after DevDay would…

OpenAI shouldn't even be making a profit, as it's a 501(c)3 charity. The whole umbrella for-profit corp they formed when they became popular should be illegal, and is clearly immoral.

Illegal to restructure a business?

Re: Microsoft was blindsided by OpenAI's ouster of CEO Sam Altman

#74
post #46
post #27

Greg Brockman has also left: https://twitter.com/gdb/status/1725667410387378559

What's with the lowercase? I think it's cute if someone is being deliberately low-effort, or trying to present that way, but IMO it's cringe to use it for consequential official statements like this.

> but IMO it's cringe to use it for consequential official statements like this

This is funny to me, as Twitter is the platform for "deliberately low-effort" posts, but you see it as a platform for official statements. How times change...

Re: Microsoft was blindsided by OpenAI's ouster of CEO Sam Altman

#76
post #42

Microsoft (with thousands of lawyers on staff) invests $10B in a company and has no power or leverage over the decisions of a non-profit board headed by several names no one has heard of. Come on. No way Microsoft’s team does a deal like that with 0 power or knowledge in a situation like this. That’s ludicrous. Edit: the only case I can see for MSFT being truly blindsided is as follows. Elon is behind it. Sam and Elo…

This all feels very stupid on their part now looking at the board member names but I never saw this point raised before on HN. I guess nobody could predict this including MSFT.

The real reason could be something most people would find incredibly stupid. Mira coup attempt or something similar.

Re: Microsoft was blindsided by OpenAI's ouster of CEO Sam Altman

#77

Earlier quoted context omitted.

OpenAI shouldn't even be making a profit, as it's a 501(c)3 charity. The whole umbrella for-profit corp they formed when they became popular should be illegal, and is clearly immoral.

Illegal to restructure a business?

To restructure a non-profit, that solicited donations, into a for-profit entity? Abso-fucking-lutely.

Re: Microsoft was blindsided by OpenAI's ouster of CEO Sam Altman

#78

One "person familiar" is inappropriate sourcing for something so consequential. Not a good look for Axios.

In journalist speak, that means "credible person I know who would get fired if I said their name." It's probably literally an exec on the OpenAI/Microsoft partnership. The alternative to "a person familiar" is us as readers never get this information at all.

I know what it means and I agree it's probably an exec. The issue is that the premise - "Microsoft Corporation didn't know thing X at point in time Y" - is essentially unverifiable gossip, yet is presented here as fact

Re: Microsoft was blindsided by OpenAI's ouster of CEO Sam Altman

#79

Earlier quoted context omitted.

Illegal to restructure a business?

To restructure a non-profit, that solicited donations, into a for-profit entity? Abso-fucking-lutely.

Easy enough to return the donations.

Re: Microsoft was blindsided by OpenAI's ouster of CEO Sam Altman

#80

Earlier quoted context omitted.

OpenAI shouldn't even be making a profit, as it's a 501(c)3 charity. The whole umbrella for-profit corp they formed when they became popular should be illegal, and is clearly immoral.

Illegal to restructure a business?

It's not just "restructuring" a business that's a 501(c)3... to make it a golden goose for MSFT. The whole thing was created to avoid one of Big Tech having a monopoly on AI, and it turns into Big Tech having a monopoly.

Perhaps it's all legal but I think it's very understandable to look at it and think it's a travesty.

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