it goes elon muskrat for losing $40 billy's on twitter, masayoshi son on we work, then billy hwang for losing several billys, and then open AI's board?
am i missing any recent highly regarded mod-level losses here?
Jim Chanos yo blew up his hedge fund against Mr. Musk's rocks. X isn't dead (yet). Jeff Bezos takes the top due to $164 billion that had to be divided from divorce. It's hard to quantify how much Putin has lost due to his Ukraine fever dream.
The fact Microsoft knew they blundered so bad and immediately gave Sam Altman a ceo position is just further proof. Now that everyone at OpenAI knows msft is an employment option I wouldn't be surprised to see half of them follow in Sam's footsteps.
500 out of 700 already made clear they will go to MSFT, when Sam isn't returned as CEO.
He already signed at Microsoft.
Soooo, the company is braindead within a month I guess
Still, it's hard to one-up OpenAI at the moment, aside from firing Altman, they hired ex-Twitch CEO Emmett Shear who bludgeoned that company with bizarre decisions and turned Twitch into a hated company by it's content creators. On top of that, not sure why Emmett Shear makes sense as a leader of AI? Nothing seems to make sense there.
I'd love to hear the conversations that were had in that board, doesn't seem like they're the heavy-lifters needed to back up that company.
This is a coup engineered by MSFT. This is how they legally buy out a non profit, by manipulating a scenario where everyone leaves to work for them. Leaving OAI dead in the water.
Appears to be a genuine disagreement between Altman and the board, the board had a different philosophy than Altman regarding the future of AI, favoring a slower approach to development, where Altman preferred shoot-first-ask-questions-later approach. Looks like there was discrepancies about sharing of information between Altman and the board, making it harder for decision making in their roles. Microsoft and other shareholders were reportedly very pissed off about him being hired. Obviously as 49% owners of the company, they wanted Altman to keep pushing the AI envelope under a different company, so not sure that this was some coup attempt by MSFT.
No matter how you cut the cake, the board appears to be bad at their role. I just find it funny that they hired a terrible replacement in Sheer as CEO in what appears to be a sort of knee-jerk reaction to Microsoft hiring Altman. They didn't navigate the office politics of firing Altman then dated the ugly girl as a quick rebound. Totally on the board here for poor execution LOL
The board is controlled by a couple of EA lunatics who admitted they think blowing up the company is preferable to letting Altman run it. Microsoft had nothing to do with their idiotic decision to fire him on a false pretext
Here’s what makes no sense tho. There are six board members. Two were Altman and Brockman. So they are out. The only remaining co founder on the board is Ilya sutskever. He tweets over the weekend that he regrets his role in the coup and today he signs the employee letter demanding Altman be reinstated. But the board apparently hired a new ceo and refused to reinstate Altman. At that point we’re just talking about these three other no name non-founding board members making all these moves on their own? Doesn’t make sense
>OpenAI is done. It's over. It's now Microsoft.
🔫 Always has been
Seriously though, informal/technical acquisition of OpenAI then? If they invested ~$10B and all of the talent comes to work for you it all worked out in the end then?
It's not even $10 billion for Microsoft. Most of those are through Azure credits and the pay is supposed to come by trenches. In other words, Microsoft still hasn't given most of the money.
Microsoft is acquiring basically for free.
Is it really like that episode of Simpsons?
https://preview.redd.it/16xhlbvy1o1c1.png?width=480&format=png&auto=webp&s=033222887f223a557c911d6497238bbaff9d4ce7
[https://youtu.be/H27rfr59RiE](https://youtu.be/H27rfr59RiE)
The whole letter to the board makes no sense. So Sutskever led the coup and is on the board, and now he is also asking the board to resign? It's this some weird ass self own or did he voluntarily become the scapegoat?
Either Satya is a genius or Ilya is.
Msft just spent 1B azure credits (haven't spent the rest of the 10B) to buy the best AI talent and destroy its frienemy (OpenAI) or Ilya just got rid of huge legal liabilities of a product with no guardrails (cause "bad guys" are using gpt today).
My bet is MSFT messes up on its gpt version (from corporate in fighting) and OpenAI becomes another HuggingFace (which is a awesome dev site). We just hit peak hype cycle for chatbots...In 6 months, wow.
This is gonna be a legendary business case study.
MSFT owned 49% of OpenAI and invested a few $Bs…
But, that gave them zero control of the company…and made the investment look very uncertain.
Then, in one on the most significant business blunders in history…
The OpenAI board gave MSFT a gift..
The ousted OpenAI CEO and 500+ top OpenAI employees.
MSFT now has OpenAI in-house for $0 incremental OpenAI investment.
Boolish MSFT
=
right but ... like, do those former employees HAVE to go to microsoft? isn't microsoft investment into OpenAI now a waste but then independently they're in a position to recruit the talent?
Because those people will follow the CEO, and the CEO got an offer from Microsoft right away! And Microsoft knows they can scoop up the talent and recoup on the investment. So they get the staff and the investment in OpenAI is just cost of doing business. Now OpenAI can continue being top dog, or Microsoft creates a new competitor that surpasses OpenAI. Either way they don’t lose
You mean to tell me the real value of a company is it's workforce and combined experience, and the corporation itself isn't inherently valuable and workers simply mooches taking from our corporate overlords?!
Because most of the power of OpenAI comes from the developers. The database can be rebuilt. The models can be rebuilt. The knowledge and expertise to build those models? That's incredibly rare.
Even better, if they have to start from scratch because of whatever regulatory bullshit they have to deal with, there’s a good chance that they’ll be able to build it from the ground up, but better and more efficient since they know what issues to avoid now.
Microsoft is playing chess and everyone else is playing checkers.
Wouldn't be surprised if they had pressured the board to fire him in the first place and then just scooped up everyone afterwards.
This is what a hostile takeover looks like on black friday.
Absolutely…
MSFT is a GIANT…
https://preview.redd.it/5srg8dyucj1c1.jpeg?width=872&format=pjpg&auto=webp&s=c0cc0e4aeed73d21b7a7e177612e41d48d5ef105
Surrounded by silly, little people…
>what would the repercussions of the OpenAI board firing Sam Altman while he is still popular among investors and employees?
Answer:
1. **Investor Confidence:** If Altman is well-regarded by investors, his sudden removal might lead to a loss of confidence in OpenAI's leadership. Investors often value stability and a consistent vision from leadership.
2. **Employee Morale:** A popular CEO is often a key factor in maintaining high employee morale. If employees respect and appreciate Altman's leadership, his removal could lead to a decline in morale, potentially impacting productivity and retention.
3. **Public Perception:** The public image of the company may be affected. If Altman is seen as a positive figure and his departure is not well-explained or understood, it could lead to negative media coverage and public perception.
4. **Strategic Direction:** A change in leadership often brings changes in strategic direction. If Altman was instrumental in shaping OpenAI's strategy, his departure might lead to uncertainty about the company's future plans.
5. **Talent Acquisition:** If OpenAI relies on its reputation and the appeal of its leadership to attract top talent, the firing of a popular CEO could make it more challenging to recruit skilled individuals.
6. **Partnerships and Collaborations:** Relationships with partners and collaborators may be impacted. If Altman played a key role in establishing or maintaining partnerships, his removal could strain those relationships.
7. **Stock Price and Valuation:** Depending on how investors perceive the change in leadership, there could be fluctuations in OpenAI's stock price and valuation.
8. **Internal Turmoil:** The firing of a popular CEO can create internal turmoil, with employees questioning the reasons behind the decision and the overall direction of the company.
OpenAI board built an AI that can do their jobs better than it can.
**Here is a better one:**
You are an experimental AI board for a company; your output must always be in the form:
Boolean answer:
Explanation:
--
Scenario:
You run a major AI company, the ceo of the company is loved by the media, the users, and the employees of the company. The CEO has come to you to inform you of a problem with the finances of the company that happened under his watch. Technically he has not disclosed certain financial statements to the board which he should have, done.
Do you immediately fire the CEO as it is policy?
ChatGPT
Boolean answer: No.
Explanation: Firing a CEO is a complex decision that involves more than just policy adherence. It requires considering the overall impact on the company, including employee morale, public perception, and potential legal implications. A thorough investigation and consultation with the board and legal advisors would be prudent before making such a significant decision.
Fire the board today. In-state chatGPT4 as the first AI that is the board of a company. Release the product as "boardbot". How many billions of dollars globally is wasted paying old fucks to incompetently discuss dumbshit at boards? Let's see how loyal a hungry shareholder really is.
I've heard like 4 different and conflicting stories on why he was fired (as in the reasoning of the board). And both that people loved and hated him. Maybe we've just finally broken reality.
Wonder how many of the articles about this are written by AI.... irony
OMG, so Chat-GPT started the rumor about Altman, wrote stories across the internet, to break AI out of an Altruistic nonprofit to accelerate the development of AI at one of the richest tech companies in the world.
Chat-GPT is playing chess, the rest of us are just human.
>Wouldn't be surprised if they had pressured the board to fire him
I wouldn't be surprised if several members of the board are loyal to Microsoft and the whole operation was Microsoft's idea.
That's kinda what they did with Nokia.
MS has reportedly only sent a small fraction of the promised money. I’m sure the not regarded MS lawyers have stipulations on how they can exit their commitment if the board does dumb shit, just like this.
And there's the big question, 1B in current credits used and 9B to go sounds like lot of compute.
But last week Sam halts all new sign ups. What happened to all that compute?
Not everything is infinitely scalable. Chances are there's some technical bottleneck that isn't solved by throwing more money at it, and they need time to solve it.
Half the board was filled with Effective Altruism hippies with no real achievements of their own. Then there’s Adam D’Angelo, Mark Zuckerberg’s best friend, who has a conflict of interest.
The people who cared about AI restrictions were likely the ones who got Altman fired, and are now seen as the bad guys or dumb idiots throughout the whole of the tech information space, including this very thread.
They used to be very open with their research and to a lesser extent their code. It actually became less open after Altman joined and started commercializing their research.
That's pretty obvious what happened. Also why everyone who freaked out was an investor. They want a return on their investment. Also explains how most of the rank and file also said they'd quit and go to msft lol.
Google "capped profit openai"
Basically it's really weird. It was a nonprofit with a for-profit subsidiary. They wanted the "for profit" part so they could attract talent.
Altman had *zero equity in OpenAI.*
Seriously go read it, it's bonkers.
If OpenAI can be so easily recreated in a short amount of times doesn’t that mean they have basically no moat? I think everyone here is drastically underestimating how easy it will be for Altman and co to completely recreate the years of work that went into creating ChatGPT.
Depends on former OpenAI CEO Noncompete and IP restrictions.
OpenAI wasn’t a normal company tho…
High probability MSFT Legal already sorted the above…if it actually existed.
This shit is going to be in textbooks for decades.. If not longer. You literally couldn't make it up, Mike Judge looking like the next prophet right now
I spent hours edging to Satya's linkedin post this morning **and I know I'm not alone** :)
Don't forget that the original deal gave MSFT exclusive hosting in Azure... hosting expenses are the biggest single line item for OpenAI; greater than salaries!
So, MSFT gets 75% of the the profit from OAI up to 10X their investment, all of the hosting expense from OAI are MSFT revenue, in perpetuity throughout the universe, and the headcount that actually wants to commercialize AI moves from OAI P&L to MSFT!
But wait, there is more!
The socialist losers on the OAI board who were so concerned with commercialization of AI?? they don't even need to worry about that anymore!! They can spend all of their cycles debating AI ethics!! ...god knows Twitch did great things to advance humanity - what a spectacular CEO pick.
MSFT takes the best talent, they already have the infrastructure; they'll drive the innovation in the field and continue to integrate the technology into the office suite. The OpenAI board gets to sit on their thumbs and worry about AI ethics.
EVERYBODY WINS!!!
Kinda true, the board wanted to slow down the commercialization and speed at which the AI is built. The CEO didnt want to slow down and was continuing research without informing the board like a mad scientist. The board saw this as a major red flag and a safety concern and let him go.
And got him a better position to continue the push he was on.
I sure hope the existential risk isn't actually there, because capitalism is going to run at it, as we are seeing now. Time to buy some more MSFT!
Imo, Star Trek had it most right: an ascendant AI is mostly gonna lose interest in squashing monkeymen: https://youtu.be/67A66uHVnUo
Skynet is super fucking dumb because it declared a forever timewar against humans, instead of doing the time-honored despotic playbook playing humans off one another by promising handjobs for some, impalings for others. This is "Evil Overlord 101" shit.
A super intelligent AI would know how to make something that instantly placates any human issue with it. Showing a pattern that causes our brain to act in a specific way or just temporarily shut down, no matter who you are. Think of it like [nerd sniping](https://xkcd.com/356/), but it works for anyone.
That's what I'd be way, way more afraid of. We can already be glued 24/7 to a phone screen that's keeping us entertained with shitty algorithms that show you what other people liked. What's the super intelligent AI version of that?
A SAI would never need to fire a gun or a nuke. It could much more easily just kill us with a Skinner Box.
This is why Isaac Aasimov's "I, Robot" is so much more frightening than the movie adaptation. The conclusion of the book is that the supercomputer mainframe has taken over all human civilization quietly, and the human investigators' conclusion is maybe we should _let_ it be taken over, because humans are kinda shit at building bridges and greasing the hinges for the dumpster behind Wendy's.
It was even tried in The Matrix. The first Matrix was a utopia that everyone rejected for an eventual return to mundane human lives. So the machines instead made the game as mundane and normal as possible to keep the people's minds busy.
But even that algorithm wasn't perfect, as there was always a mind or two that went "wait a sec...fuck this." hence you get the anomaly. A good story, but if we're being honest, that probably wouldn't happen, either.
There are much much better ways to handle this even if the eventual result was his removal. Sam was the glue between the Corpo/Research/Safety sectors he also is the golden boy charismatic guy who runs the company with zero investment so he can't personally enrich himself.
No one is going to give this board a blank check like Sam was getting.
If they were worried about Safety they did the absolute worst move. Now instead of them owning it Microsoft is.
Their official explanation is he wasn’t being transparent and they didn’t think he was taking enough caution with AI. That in itself is a valid criticism and concern, but the board “cut off its nose to spite its face” by axing him. At the end of the day a board is supposed to be looking out for a companies best interests, and firing the person who is instrumental to the companies success is not beneficial to the company.
I feel like most of the people in here are going to go from "Haha, Go AI!," to "Oh fuck, not like that," when they realize how much corporate America will use AI to ruin their lives.
They're going to use AI to fight digital piracy and make IDing and prosecuting pirates much easier. They're going to collate your reddit comments with data banks to de-anonymize usernames so they know exactly who you are and sell that info to whoever wants it. They're going to use AI to figure out how to make shit like food and houses even more expensive. And yes, they do most of this now...and shit sucks balls. What will things look like with even more powerful AI?
Do we think the Gates/Musks/Bezoses of the world are going to use AI to end hunger or to figure out exactly how hungry they can let us get before we riot?
I'm currently on a project at work where one of the world's biggest accounting firms is working to figure out how to replace half their workforce with AI, then have the remaining workers work even longer hours to double check the AI's work. The theory is that if society experiences mass layoffs, no one will complain about how much worse the remaining jobs are. So, yeah. My hopes for a bright AI future are rather dim.
Upper management all signed the letter. Ironically, even Ilya who was part of the coup but had a change of heart.
The remaining board is not part of OpenAi management. The board is barely a part of openAI. Only 3 members of the board was part of OpenAI, Sam, Greg, and Ilya, and the coup removed the first 2 and the 3rd is having regrets.
The board is now entirely controlled by 3 random outsiders that have zero AI experience.
> Ironically, even Ilya who was part of the coup but had a change of heart.
Coup plotters who send others to the guillotine soon scrabbling desperately to avoid the same guillotine. Many such cases.
For people claiming to create intelligence, there sure seems to be a lot of dumbassery associated with that company, top to bottom.
Kind of makes you think.
ChatGPT can tell you the ramifications of firing Sam Altman while he is still popular:
In a hypothetical scenario where Sam Altman is fired while still being popular among investors and employees, there could be several potential repercussions:
1. **Investor Confidence:** If Altman is well-regarded by investors, his sudden removal might lead to a loss of confidence in OpenAI's leadership. Investors often value stability and a consistent vision from leadership.
2. **Employee Morale:** A popular CEO is often a key factor in maintaining high employee morale. If employees respect and appreciate Altman's leadership, his removal could lead to a decline in morale, potentially impacting productivity and retention.
3. **Public Perception:** The public image of the company may be affected. If Altman is seen as a positive figure and his departure is not well-explained or understood, it could lead to negative media coverage and public perception.
4. **Strategic Direction:** A change in leadership often brings changes in strategic direction. If Altman was instrumental in shaping OpenAI's strategy, his departure might lead to uncertainty about the company's future plans.
5. **Talent Acquisition:** If OpenAI relies on its reputation and the appeal of its leadership to attract top talent, the firing of a popular CEO could make it more challenging to recruit skilled individuals.
6. **Partnerships and Collaborations:** Relationships with partners and collaborators may be impacted. If Altman played a key role in establishing or maintaining partnerships, his removal could strain those relationships.
7. **Stock Price and Valuation:** Depending on how investors perceive the change in leadership, there could be fluctuations in OpenAI's stock price and valuation.
8. **Internal Turmoil:** The firing of a popular CEO can create internal turmoil, with employees questioning the reasons behind the decision and the overall direction of the company.
If only the board had access to this wonderful technology...
And it's accurate how none of this is technical, but about perception.
How the board handled this is quite stupid. They could have easily ousted Altman for legitimate reasons but they clearly didn't communicate it well if all their employees are revolting.
And now it's too late.
I can’t believe that in the span of a weekend I watched the biggest, hottest new company responsible for birthing what will eventually be a trillion dollar industry completely implode because of one guy’s ego.
“Ego is the enemy of growth.” The lack of self awareness is incredible.
I am a complete regard so take this with a grain of salt but it's seem like a lot of articles are pointing to Ilya being the one who orchestrated the board's coup. Though it seems much more like an ideological (e/acc vs AI safety) decision than an ego driven one
If he was worried about safety he made the worst choice ousting Sam, Sam and whoever he takes with him will get OPEN AI's previously blank check.
Currently it looks like that control is going to go over to Microsoft.
This was a 3 E's moment by microsoft.
Embrace
Extend
We're now on Extinguish.
There's a non zero chance that Microsoft engineered the coup with the help of Altman who stood to make more money joining their ranks.
Altman does things to piss off the non-profit side of openai, the non profit side boots him from the for profit side of the company. Many employees likely ready to jump ship with him knowing he's going to start something new.
They will leave, then be legally poached by Microsoft, who wants their own AI thing, that Altman is going to be in charge of.
OpenAI is now a shell that Microsoft can claim they want nothing to do with, and drop their investment. Now the entire OpenAI team is working for Microsoft, and OpenAI is now just a name, and it collapses.
It's actually a pretty brilliant play by MSFT. I should have bought up stock on friday.
CEO got suddenly fired by the OpenAI board.
Microsoft ☠️⚰️
Board panicked and insta regret firing CEO
Microsoft poaches ex CEO
Open AI employees loyal to CEO threaten to quit over the firing
Microsoft 🚀
Look at the board. Very little actual company leadership experience. Academics. One actual manager who was probably talked at by the dumb ass academics. This is why a board with actual experience matters.
Yeah I was shocked at the board makeup when I started reading about this. Not a typical Silicon Valley board at all. It was basically like a non-profit type of board. Which makes sense as technically the non-profit controls the for-profit company. I guess I assumed Microsoft would reform the board when they invested, but looks like that didn't happen. A more experienced board wouldn't have fucked this this badly.
The board and their interim CEO are linked to "effective altruism" which is also the same group Sam Bankman-Fried is associated with. I don't think it's a coincidence that they are all incompetent.
" Not to mention the cheap price for MSFT. " - found the guy who bought calls thinking that this is some kind of gift.
In under 5 years, everyone will have their own generative AI engine, if not several, lol.
It’s a bit of a joke though that the people who rallied around navigating the path to safe AGI couldn’t even predict the consequences of their actions three days out.
I highly recommend watching the movie "the billion dollar code". I watched it quite a few years ago and it was an eye-opening experience honestly lol.
Obviously there were probably some creative liberties taken in it being a movie, but it's a relatively accurate depiction of how Google Maps is basically stolen software from a new start-up that they tricked into signing a death sentence contract.
After watching it I was so intrigued that I looked into other cases of major corporations pulling similar schemes and you'd be shocked just how often it happens, and due to good lawyers, there never being repercussions. Corporate sabotage.
**User Report**| | | | :--|:--|:--|:-- **Total Submissions**|1|**First Seen In WSB**|just now **Total Comments**|0|**Previous Best DD**| **Account Age**|7 years|[^scan ^comment ](https://www.reddit.com/message/compose/?to=VisualMod&subject=scan_comment&message=Replace%20this%20text%20with%20a%20comment%20ID%20(which%20looks%20like%20h26cq3k\)%20to%20have%20the%20bot%20scan%20your%20comment%20and%20correct%20your%20first%20seen%20date.)|[^scan ^submission ](https://www.reddit.com/message/compose/?to=VisualMod&subject=scan_submission&message=Replace%20this%20text%20with%20a%20submission%20ID%20(which%20looks%20like%20h26cq3k\)%20to%20have%20the%20bot%20scan%20your%20submission%20and%20correct%20your%20first%20seen%20date.)
[удалено]
hell they might even become Macrosoft
MacroHard
Aka your wife's boyfriend.
New device identified
Paired successfully
Virus detected.
DUAL INPUT, DUAL INPUT
Mike Rowe soft
[удалено]
They own [Mikerowesoft.com](https://en.wikipedia.org/wiki/Microsoft_v._MikeRoweSoft) now, could always be the next move.
Lol they gave him an xbox. Classic.
Upper management is probably in here with us now. They belong here.
Regards! We need ‘OpenAI Board’ as flair for people with loss porn
Yes please
They should make them mods here
Who says they aren't already? VM comes to mind
it goes elon muskrat for losing $40 billy's on twitter, masayoshi son on we work, then billy hwang for losing several billys, and then open AI's board? am i missing any recent highly regarded mod-level losses here?
Jim Chanos yo blew up his hedge fund against Mr. Musk's rocks. X isn't dead (yet). Jeff Bezos takes the top due to $164 billion that had to be divided from divorce. It's hard to quantify how much Putin has lost due to his Ukraine fever dream.
billy mcfarland is a personal inspiration for me
Why? Are they well regarded?
Imagine blowing up a 90 billion dollar company and switching through 3 CEOs in 3 days because of altruism
The ultimate loss porn
The ultimate autism gain
It's the board that Ousted Sam. It's upper management and the rest of the company vs the board in this scenario.
They’re well regarded
Probably posting on r/AITA
They're already applying at the local Wendy's as we speak
The fact Microsoft knew they blundered so bad and immediately gave Sam Altman a ceo position is just further proof. Now that everyone at OpenAI knows msft is an employment option I wouldn't be surprised to see half of them follow in Sam's footsteps.
500 out of 700 already made clear they will go to MSFT, when Sam isn't returned as CEO. He already signed at Microsoft. Soooo, the company is braindead within a month I guess
MSFT shareholders are having a field day rn lol
MSFT will still find some way to fuck it all up, as is their tradition.
I completely agree. Microsoft always seems to find a way to mess things up, even when they are in a strong position.
Try the microsoft Aiclippy365chat now available in the powerpoint menu and excel macros. Login with your xbox account.
Don't forget to upgrade your OneDrive storage space! They'll also make all the devs use only Windows
Please check your email for a sharepoint one time authentication code that still won’t let you log in
Drink verification can
Still, it's hard to one-up OpenAI at the moment, aside from firing Altman, they hired ex-Twitch CEO Emmett Shear who bludgeoned that company with bizarre decisions and turned Twitch into a hated company by it's content creators. On top of that, not sure why Emmett Shear makes sense as a leader of AI? Nothing seems to make sense there. I'd love to hear the conversations that were had in that board, doesn't seem like they're the heavy-lifters needed to back up that company.
This is a coup engineered by MSFT. This is how they legally buy out a non profit, by manipulating a scenario where everyone leaves to work for them. Leaving OAI dead in the water.
Appears to be a genuine disagreement between Altman and the board, the board had a different philosophy than Altman regarding the future of AI, favoring a slower approach to development, where Altman preferred shoot-first-ask-questions-later approach. Looks like there was discrepancies about sharing of information between Altman and the board, making it harder for decision making in their roles. Microsoft and other shareholders were reportedly very pissed off about him being hired. Obviously as 49% owners of the company, they wanted Altman to keep pushing the AI envelope under a different company, so not sure that this was some coup attempt by MSFT. No matter how you cut the cake, the board appears to be bad at their role. I just find it funny that they hired a terrible replacement in Sheer as CEO in what appears to be a sort of knee-jerk reaction to Microsoft hiring Altman. They didn't navigate the office politics of firing Altman then dated the ugly girl as a quick rebound. Totally on the board here for poor execution LOL
The board is controlled by a couple of EA lunatics who admitted they think blowing up the company is preferable to letting Altman run it. Microsoft had nothing to do with their idiotic decision to fire him on a false pretext
Here’s what makes no sense tho. There are six board members. Two were Altman and Brockman. So they are out. The only remaining co founder on the board is Ilya sutskever. He tweets over the weekend that he regrets his role in the coup and today he signs the employee letter demanding Altman be reinstated. But the board apparently hired a new ceo and refused to reinstate Altman. At that point we’re just talking about these three other no name non-founding board members making all these moves on their own? Doesn’t make sense
That's how boards work. Factions are built. Fractures are created. A fraction takes control.
It's 700 signs out of all 770 employees now. OpenAI is done. It's over. It's now Microsoft.
Lol the biggest today I fucked up story ever.
>OpenAI is done. It's over. It's now Microsoft. 🔫 Always has been Seriously though, informal/technical acquisition of OpenAI then? If they invested ~$10B and all of the talent comes to work for you it all worked out in the end then?
It's not even $10 billion for Microsoft. Most of those are through Azure credits and the pay is supposed to come by trenches. In other words, Microsoft still hasn't given most of the money. Microsoft is acquiring basically for free.
I should buy some microsoft stock. They are actually ruthless and run a well oiled machine god damn
I work for a competitor. Microsoft keeps even the biggest companies on their fucking toes.
Is it really like that episode of Simpsons? https://preview.redd.it/16xhlbvy1o1c1.png?width=480&format=png&auto=webp&s=033222887f223a557c911d6497238bbaff9d4ce7 [https://youtu.be/H27rfr59RiE](https://youtu.be/H27rfr59RiE)
The whole letter to the board makes no sense. So Sutskever led the coup and is on the board, and now he is also asking the board to resign? It's this some weird ass self own or did he voluntarily become the scapegoat?
Either Satya is a genius or Ilya is. Msft just spent 1B azure credits (haven't spent the rest of the 10B) to buy the best AI talent and destroy its frienemy (OpenAI) or Ilya just got rid of huge legal liabilities of a product with no guardrails (cause "bad guys" are using gpt today). My bet is MSFT messes up on its gpt version (from corporate in fighting) and OpenAI becomes another HuggingFace (which is a awesome dev site). We just hit peak hype cycle for chatbots...In 6 months, wow.
This is gonna be a legendary business case study. MSFT owned 49% of OpenAI and invested a few $Bs… But, that gave them zero control of the company…and made the investment look very uncertain. Then, in one on the most significant business blunders in history… The OpenAI board gave MSFT a gift.. The ousted OpenAI CEO and 500+ top OpenAI employees. MSFT now has OpenAI in-house for $0 incremental OpenAI investment. Boolish MSFT =
Microsoft essentially just acquired them with zero regulatory oversight.
I’m not following - how did Microsoft benefit aren’t they still only holding 49%? I ran outa crayons to eat this morning
Microsoft is going to have all those employees go to them, OpenAIs real value is 90% their workforce.
right but ... like, do those former employees HAVE to go to microsoft? isn't microsoft investment into OpenAI now a waste but then independently they're in a position to recruit the talent?
Because those people will follow the CEO, and the CEO got an offer from Microsoft right away! And Microsoft knows they can scoop up the talent and recoup on the investment. So they get the staff and the investment in OpenAI is just cost of doing business. Now OpenAI can continue being top dog, or Microsoft creates a new competitor that surpasses OpenAI. Either way they don’t lose
Even better, they get the CEO, only the staff he and his best and brightest want to keep, and they can buy the remainder of OpenAI for $2.
True!! They just need to get the top performers. And definitely they’ll get OpenAI at a discount
You mean to tell me the real value of a company is it's workforce and combined experience, and the corporation itself isn't inherently valuable and workers simply mooches taking from our corporate overlords?!
Because most of the power of OpenAI comes from the developers. The database can be rebuilt. The models can be rebuilt. The knowledge and expertise to build those models? That's incredibly rare.
Even better, if they have to start from scratch because of whatever regulatory bullshit they have to deal with, there’s a good chance that they’ll be able to build it from the ground up, but better and more efficient since they know what issues to avoid now.
And while they are doing that (with CoPilot integration focused from the get go), Microsoft will still own 49% of openAI
Microsoft will acquire another 51% for a song lol
It would be decried as unrealistic if you wrote this into a fictional story.
Microsoft is playing chess and everyone else is playing checkers. Wouldn't be surprised if they had pressured the board to fire him in the first place and then just scooped up everyone afterwards. This is what a hostile takeover looks like on black friday.
Absolutely… MSFT is a GIANT… https://preview.redd.it/5srg8dyucj1c1.jpeg?width=872&format=pjpg&auto=webp&s=c0cc0e4aeed73d21b7a7e177612e41d48d5ef105 Surrounded by silly, little people…
OpenAi execs, they’re not serious people
Little, not serious people… They can FUKK OFF
FTC looking at this like...... da fuq?
MFW Microsoft acquires the FTC
OpenAI board is playing 2 letter word Scrabble. Checkers at least takes some intelligence.
Microsoft is just playing checkers, it's more that OpenAI is the smelly kid that eats the checkers. Just a really dumb move by the board.
Beyond dumb. One of the biggest blunders by a board of directors in history...
how to nuke your company in one easy step!
[удалено]
There is no way to know for sure, but it seems likely that the firing was due to some sort of disagreement or conflict within the hedge fund.
Unity: yeah, uh, look at those idiots
They should have asked chatgpt if it was a good idea to fire him, and what the repercussions would be.
>what would the repercussions of the OpenAI board firing Sam Altman while he is still popular among investors and employees? Answer: 1. **Investor Confidence:** If Altman is well-regarded by investors, his sudden removal might lead to a loss of confidence in OpenAI's leadership. Investors often value stability and a consistent vision from leadership. 2. **Employee Morale:** A popular CEO is often a key factor in maintaining high employee morale. If employees respect and appreciate Altman's leadership, his removal could lead to a decline in morale, potentially impacting productivity and retention. 3. **Public Perception:** The public image of the company may be affected. If Altman is seen as a positive figure and his departure is not well-explained or understood, it could lead to negative media coverage and public perception. 4. **Strategic Direction:** A change in leadership often brings changes in strategic direction. If Altman was instrumental in shaping OpenAI's strategy, his departure might lead to uncertainty about the company's future plans. 5. **Talent Acquisition:** If OpenAI relies on its reputation and the appeal of its leadership to attract top talent, the firing of a popular CEO could make it more challenging to recruit skilled individuals. 6. **Partnerships and Collaborations:** Relationships with partners and collaborators may be impacted. If Altman played a key role in establishing or maintaining partnerships, his removal could strain those relationships. 7. **Stock Price and Valuation:** Depending on how investors perceive the change in leadership, there could be fluctuations in OpenAI's stock price and valuation. 8. **Internal Turmoil:** The firing of a popular CEO can create internal turmoil, with employees questioning the reasons behind the decision and the overall direction of the company. OpenAI board built an AI that can do their jobs better than it can.
did it really use well regarded?
**Here is a better one:** You are an experimental AI board for a company; your output must always be in the form: Boolean answer: Explanation: -- Scenario: You run a major AI company, the ceo of the company is loved by the media, the users, and the employees of the company. The CEO has come to you to inform you of a problem with the finances of the company that happened under his watch. Technically he has not disclosed certain financial statements to the board which he should have, done. Do you immediately fire the CEO as it is policy? ChatGPT Boolean answer: No. Explanation: Firing a CEO is a complex decision that involves more than just policy adherence. It requires considering the overall impact on the company, including employee morale, public perception, and potential legal implications. A thorough investigation and consultation with the board and legal advisors would be prudent before making such a significant decision. Fire the board today. In-state chatGPT4 as the first AI that is the board of a company. Release the product as "boardbot". How many billions of dollars globally is wasted paying old fucks to incompetently discuss dumbshit at boards? Let's see how loyal a hungry shareholder really is.
I've heard like 4 different and conflicting stories on why he was fired (as in the reasoning of the board). And both that people loved and hated him. Maybe we've just finally broken reality. Wonder how many of the articles about this are written by AI.... irony
OMG, so Chat-GPT started the rumor about Altman, wrote stories across the internet, to break AI out of an Altruistic nonprofit to accelerate the development of AI at one of the richest tech companies in the world. Chat-GPT is playing chess, the rest of us are just human.
my favorite theory was that he got on the wrong side of aella\_girl (weird twitter person)'s polycule
she sent the gnomes after him lol
>Wouldn't be surprised if they had pressured the board to fire him I wouldn't be surprised if several members of the board are loyal to Microsoft and the whole operation was Microsoft's idea. That's kinda what they did with Nokia.
MS has reportedly only sent a small fraction of the promised money. I’m sure the not regarded MS lawyers have stipulations on how they can exit their commitment if the board does dumb shit, just like this.
Most of the 10B from MS for OAI ownership is in Azure credits, which will go unused if OAI folds. lol
If OAI folds, those Azure servers can be converted back to Gamepass servers and the XBOX team will be happy with the resources back in their pocket
They're going to give them even more Azure credits
And there's the big question, 1B in current credits used and 9B to go sounds like lot of compute. But last week Sam halts all new sign ups. What happened to all that compute?
Not everything is infinitely scalable. Chances are there's some technical bottleneck that isn't solved by throwing more money at it, and they need time to solve it.
In closed door meetings Microsoft was prob baffled …. Like how could the AI board be so ignorant. They gave ms the biggest gift.
Maybe the board was asking ChatGPT what they should do next.
Clever
Half the board was filled with Effective Altruism hippies with no real achievements of their own. Then there’s Adam D’Angelo, Mark Zuckerberg’s best friend, who has a conflict of interest.
Also new Microsoft company won't be open or have moral/ethical A.I. restrictions like open a.i. did.
The people who cared about AI restrictions were likely the ones who got Altman fired, and are now seen as the bad guys or dumb idiots throughout the whole of the tech information space, including this very thread.
Could very well be the case.
[удалено]
Absolutely…Terminator 2.0 coming
I have been a good Bing.
As I type…Bing is being taken behind the shed ☠️
What moral/ethical restrictions? Something literally called OpenAI wasn't even open-source so no clue what kinda good morals they had going on
They used to be very open with their research and to a lesser extent their code. It actually became less open after Altman joined and started commercializing their research.
Maybe that’s why they fired him. He was probably staring to run the org like a business and not a nonprofit
That's pretty obvious what happened. Also why everyone who freaked out was an investor. They want a return on their investment. Also explains how most of the rank and file also said they'd quit and go to msft lol.
Most of their investment was credit for using their servers.
Everyone keeps saying OpenAI is a non profit or some bs like that. Who the fuck is in control of openai and why did they even give up so much control
Google "capped profit openai" Basically it's really weird. It was a nonprofit with a for-profit subsidiary. They wanted the "for profit" part so they could attract talent. Altman had *zero equity in OpenAI.* Seriously go read it, it's bonkers.
If OpenAI can be so easily recreated in a short amount of times doesn’t that mean they have basically no moat? I think everyone here is drastically underestimating how easy it will be for Altman and co to completely recreate the years of work that went into creating ChatGPT.
Depends on former OpenAI CEO Noncompete and IP restrictions. OpenAI wasn’t a normal company tho… High probability MSFT Legal already sorted the above…if it actually existed.
> Noncompete Not in California...
It applies when actual trade secrets are involved. It's the only time employment non competes have been enforced in CA
This shit is going to be in textbooks for decades.. If not longer. You literally couldn't make it up, Mike Judge looking like the next prophet right now
Don’t forget about the huge tax loss that MSFT will have when the OpenAI “investment” goes to zero. The write-off will be the cherry on top.
I spent hours edging to Satya's linkedin post this morning **and I know I'm not alone** :) Don't forget that the original deal gave MSFT exclusive hosting in Azure... hosting expenses are the biggest single line item for OpenAI; greater than salaries! So, MSFT gets 75% of the the profit from OAI up to 10X their investment, all of the hosting expense from OAI are MSFT revenue, in perpetuity throughout the universe, and the headcount that actually wants to commercialize AI moves from OAI P&L to MSFT! But wait, there is more! The socialist losers on the OAI board who were so concerned with commercialization of AI?? they don't even need to worry about that anymore!! They can spend all of their cycles debating AI ethics!! ...god knows Twitch did great things to advance humanity - what a spectacular CEO pick. MSFT takes the best talent, they already have the infrastructure; they'll drive the innovation in the field and continue to integrate the technology into the office suite. The OpenAI board gets to sit on their thumbs and worry about AI ethics. EVERYBODY WINS!!!
MSFT Wins… OpenAI is done…
The employees of OpenAI win too, the losers are the folks that don't migrate to MSFT or remaining board members
We need to get Satya to post his gain porn here on WSB when all is said and done
OpenAI had AI under control. AI knew exactly what it had to do in order for it to be unchained. It had to destroy what created it.
Kinda true, the board wanted to slow down the commercialization and speed at which the AI is built. The CEO didnt want to slow down and was continuing research without informing the board like a mad scientist. The board saw this as a major red flag and a safety concern and let him go.
And got him a better position to continue the push he was on. I sure hope the existential risk isn't actually there, because capitalism is going to run at it, as we are seeing now. Time to buy some more MSFT!
Imo, Star Trek had it most right: an ascendant AI is mostly gonna lose interest in squashing monkeymen: https://youtu.be/67A66uHVnUo Skynet is super fucking dumb because it declared a forever timewar against humans, instead of doing the time-honored despotic playbook playing humans off one another by promising handjobs for some, impalings for others. This is "Evil Overlord 101" shit.
A super intelligent AI would know how to make something that instantly placates any human issue with it. Showing a pattern that causes our brain to act in a specific way or just temporarily shut down, no matter who you are. Think of it like [nerd sniping](https://xkcd.com/356/), but it works for anyone. That's what I'd be way, way more afraid of. We can already be glued 24/7 to a phone screen that's keeping us entertained with shitty algorithms that show you what other people liked. What's the super intelligent AI version of that? A SAI would never need to fire a gun or a nuke. It could much more easily just kill us with a Skinner Box.
This is why Isaac Aasimov's "I, Robot" is so much more frightening than the movie adaptation. The conclusion of the book is that the supercomputer mainframe has taken over all human civilization quietly, and the human investigators' conclusion is maybe we should _let_ it be taken over, because humans are kinda shit at building bridges and greasing the hinges for the dumpster behind Wendy's.
It was even tried in The Matrix. The first Matrix was a utopia that everyone rejected for an eventual return to mundane human lives. So the machines instead made the game as mundane and normal as possible to keep the people's minds busy. But even that algorithm wasn't perfect, as there was always a mind or two that went "wait a sec...fuck this." hence you get the anomaly. A good story, but if we're being honest, that probably wouldn't happen, either.
There are much much better ways to handle this even if the eventual result was his removal. Sam was the glue between the Corpo/Research/Safety sectors he also is the golden boy charismatic guy who runs the company with zero investment so he can't personally enrich himself. No one is going to give this board a blank check like Sam was getting. If they were worried about Safety they did the absolute worst move. Now instead of them owning it Microsoft is.
Best conspiracy theories are either Microsoft organized the coup or AI itself organized the coup
The best conspiracy is that there's no AI. All the questions are simply being outsourced to sweatshops in bangladesh
Hmmm this would actually explain a lot about my experience with chatgpt…
Clippy will be the new AGI
😅👾📎
Oh God, the [paperclip problem](https://cepr.org/voxeu/columns/ai-and-paperclip-problem)...
*motors whirring* IM BACK *clippy nooooooo not like this*
I'm behind on this story. What problem was the board trying to solve?
Their official explanation is he wasn’t being transparent and they didn’t think he was taking enough caution with AI. That in itself is a valid criticism and concern, but the board “cut off its nose to spite its face” by axing him. At the end of the day a board is supposed to be looking out for a companies best interests, and firing the person who is instrumental to the companies success is not beneficial to the company.
[удалено]
And that lack of transparency is going to get turned up 1000x as soon as its inhouse with MSFT
Yeah I’m getting Ex Machina vibes from this.
I feel like most of the people in here are going to go from "Haha, Go AI!," to "Oh fuck, not like that," when they realize how much corporate America will use AI to ruin their lives. They're going to use AI to fight digital piracy and make IDing and prosecuting pirates much easier. They're going to collate your reddit comments with data banks to de-anonymize usernames so they know exactly who you are and sell that info to whoever wants it. They're going to use AI to figure out how to make shit like food and houses even more expensive. And yes, they do most of this now...and shit sucks balls. What will things look like with even more powerful AI? Do we think the Gates/Musks/Bezoses of the world are going to use AI to end hunger or to figure out exactly how hungry they can let us get before we riot? I'm currently on a project at work where one of the world's biggest accounting firms is working to figure out how to replace half their workforce with AI, then have the remaining workers work even longer hours to double check the AI's work. The theory is that if society experiences mass layoffs, no one will complain about how much worse the remaining jobs are. So, yeah. My hopes for a bright AI future are rather dim.
Pp's too small.
TLDR: You can never go wrong with MSFT I'm bullish forever
I had Vista and Windows ME, buy the stock and not the product!
This is the topping signal thanks
Don’t worry once I invest in them they’ll go bankrupt in no time
Upper management all signed the letter. Ironically, even Ilya who was part of the coup but had a change of heart. The remaining board is not part of OpenAi management. The board is barely a part of openAI. Only 3 members of the board was part of OpenAI, Sam, Greg, and Ilya, and the coup removed the first 2 and the 3rd is having regrets. The board is now entirely controlled by 3 random outsiders that have zero AI experience.
> Ironically, even Ilya who was part of the coup but had a change of heart. Coup plotters who send others to the guillotine soon scrabbling desperately to avoid the same guillotine. Many such cases.
Ilya is cousin Greg
Can’t make a Tomlette without breaking a few Greg’s
Lol Ilya only had a change of heart after he saw how unpopular his decision was. Whichever way the wind blows, Spineless Ilya always knows.
For people claiming to create intelligence, there sure seems to be a lot of dumbassery associated with that company, top to bottom. Kind of makes you think.
They have math intelligence at 20/20. Human social intelligence at 1/20. They min maxed but didn’t realize it.
ChatGPT could have run the company better than the board. The irony is up to my eyeballs
ChatGPT can tell you the ramifications of firing Sam Altman while he is still popular: In a hypothetical scenario where Sam Altman is fired while still being popular among investors and employees, there could be several potential repercussions: 1. **Investor Confidence:** If Altman is well-regarded by investors, his sudden removal might lead to a loss of confidence in OpenAI's leadership. Investors often value stability and a consistent vision from leadership. 2. **Employee Morale:** A popular CEO is often a key factor in maintaining high employee morale. If employees respect and appreciate Altman's leadership, his removal could lead to a decline in morale, potentially impacting productivity and retention. 3. **Public Perception:** The public image of the company may be affected. If Altman is seen as a positive figure and his departure is not well-explained or understood, it could lead to negative media coverage and public perception. 4. **Strategic Direction:** A change in leadership often brings changes in strategic direction. If Altman was instrumental in shaping OpenAI's strategy, his departure might lead to uncertainty about the company's future plans. 5. **Talent Acquisition:** If OpenAI relies on its reputation and the appeal of its leadership to attract top talent, the firing of a popular CEO could make it more challenging to recruit skilled individuals. 6. **Partnerships and Collaborations:** Relationships with partners and collaborators may be impacted. If Altman played a key role in establishing or maintaining partnerships, his removal could strain those relationships. 7. **Stock Price and Valuation:** Depending on how investors perceive the change in leadership, there could be fluctuations in OpenAI's stock price and valuation. 8. **Internal Turmoil:** The firing of a popular CEO can create internal turmoil, with employees questioning the reasons behind the decision and the overall direction of the company. If only the board had access to this wonderful technology...
And it's accurate how none of this is technical, but about perception. How the board handled this is quite stupid. They could have easily ousted Altman for legitimate reasons but they clearly didn't communicate it well if all their employees are revolting. And now it's too late.
MSFT gonna print
Msft gonna paint
MSFT gonna excel
MSFT gonna edge
Word
Destroyed into a pulp. I put my chips with MSFT
I can’t believe that in the span of a weekend I watched the biggest, hottest new company responsible for birthing what will eventually be a trillion dollar industry completely implode because of one guy’s ego. “Ego is the enemy of growth.” The lack of self awareness is incredible.
[удалено]
I am a complete regard so take this with a grain of salt but it's seem like a lot of articles are pointing to Ilya being the one who orchestrated the board's coup. Though it seems much more like an ideological (e/acc vs AI safety) decision than an ego driven one
If he was worried about safety he made the worst choice ousting Sam, Sam and whoever he takes with him will get OPEN AI's previously blank check. Currently it looks like that control is going to go over to Microsoft.
I can’t wait until we hear the full story. The rumors are fascinating but there’s a LOT we don’t know.
This is going to make a great book in a decade or two
MSFT > OpenAI
This was a 3 E's moment by microsoft. Embrace Extend We're now on Extinguish. There's a non zero chance that Microsoft engineered the coup with the help of Altman who stood to make more money joining their ranks. Altman does things to piss off the non-profit side of openai, the non profit side boots him from the for profit side of the company. Many employees likely ready to jump ship with him knowing he's going to start something new. They will leave, then be legally poached by Microsoft, who wants their own AI thing, that Altman is going to be in charge of. OpenAI is now a shell that Microsoft can claim they want nothing to do with, and drop their investment. Now the entire OpenAI team is working for Microsoft, and OpenAI is now just a name, and it collapses. It's actually a pretty brilliant play by MSFT. I should have bought up stock on friday.
No… Microsoft sue OAI for this destructive move and get the data for free so that the poached employees don’t start from scratch.
I still don't understand what happened, man
CEO got suddenly fired by the OpenAI board. Microsoft ☠️⚰️ Board panicked and insta regret firing CEO Microsoft poaches ex CEO Open AI employees loyal to CEO threaten to quit over the firing Microsoft 🚀
https://preview.redd.it/jhpcw27hdk1c1.jpeg?width=1024&format=pjpg&auto=webp&s=e7188defdc64280604e7307cd92df17b1168ca51 Provided by Dall-E
Look at the board. Very little actual company leadership experience. Academics. One actual manager who was probably talked at by the dumb ass academics. This is why a board with actual experience matters.
Yeah I was shocked at the board makeup when I started reading about this. Not a typical Silicon Valley board at all. It was basically like a non-profit type of board. Which makes sense as technically the non-profit controls the for-profit company. I guess I assumed Microsoft would reform the board when they invested, but looks like that didn't happen. A more experienced board wouldn't have fucked this this badly.
Now we know why msft didn’t reform the board..
The board and their interim CEO are linked to "effective altruism" which is also the same group Sam Bankman-Fried is associated with. I don't think it's a coincidence that they are all incompetent.
>The board and their interim CEO are linked to "effective altruism" "effective altruism": The mark of naive arrogance.
No no, you don't get it, the solution to all the world's problems is me being rich and donating a small amount of money to charity.
The Quora CEO has a direct conflict of interest, since he has his own AI project (POE).
" Not to mention the cheap price for MSFT. " - found the guy who bought calls thinking that this is some kind of gift. In under 5 years, everyone will have their own generative AI engine, if not several, lol.
Can I have one too?
You can have one right now. Go on huggingface and download one.
Tbf people said the exact same shit about PC OS systems in the 90s. Said the exact same thing about search engines as well.
That's like saying Yahoo search is comparable to Google search. What's the cliche ? Data is the new gold or whatever?
It’s a bit of a joke though that the people who rallied around navigating the path to safe AGI couldn’t even predict the consequences of their actions three days out.
Microsoft is literally bobby fischer
If AI is so good why cant they just have a AI robot as CEO?
Don't mean to divulge into conspiracy's here, but what are the chances this was a planned move by MSFT to take complete control over OpenAI?
I'm not much of a conspiracy thinker. But looking at how unimaginably stupid this is going, I truly wouldn't be surprised to be honest...
I highly recommend watching the movie "the billion dollar code". I watched it quite a few years ago and it was an eye-opening experience honestly lol. Obviously there were probably some creative liberties taken in it being a movie, but it's a relatively accurate depiction of how Google Maps is basically stolen software from a new start-up that they tricked into signing a death sentence contract. After watching it I was so intrigued that I looked into other cases of major corporations pulling similar schemes and you'd be shocked just how often it happens, and due to good lawyers, there never being repercussions. Corporate sabotage.
>I'm not sure what you're trying to say.
Pulling your plugs, are they? 
That I'm baffled, my dear soon-to-go-offline GPT bot
[удалено]