We're still waiting for the explanations from Altman about the alleged involvement in spending time on conflicting companies while he is CEO at OpenAI.
According to FT this could be the cause for the firing:
“Sam has a company called Oklo, and [was trying to launch] a device company and a chip company (for AI). The rank and file at OpenAI don’t dispute those are important. The dispute is that OpenAI doesn’t own a piece. If he’s making a ton of money from companies around OpenAI there are potential conflicts of interest.”
I don’t see how that factors in. What matters is OpenAI’s enterprise customers reading about a boardroom coup in the WSJ. Completely avoidable destruction of value.
I think what people in this thread and others are trying to say is that to run a organization like OpenAI you need lots and lots funding. AI research is incredibly costly due to highly paid researchers and an ungodly amount of GPU resources. To put all current funding at risk by pissing off current investors and enterprise customers puts the whole mission of the organization at risk. That's where the perceived incompetence comes from no mater how good the intentions are.
I understand that. What is missing is the purpose of running such an organisation. OpenAI has achieved a lot, but is it going to the direction and towards the purpose it was founded on? I do not see how one can argue that. For a non-profit, creating value is a means to a goal, not a goal in itself (as opposed to a for-profit org). People thinking that the problem of this move is that it destroys value for openAI showcase the real issue perfectly.
Some would say it is the opposite way around. Mission of openAI was not supposed to be maximising profit/value. Especially if it can be argued that this exactly goes against its original purpose.
Isn’t it amazing how companies worry about lowly, ordinary employees moonlighting, but C-suiters and board members being involved in several ventures is totally normal?
It is hard to negotiate when the investors and for-profit part basically has much more power. They tried to bring them in front of a fait accompli situation, as this was their only chance, but they seem to have failed. I do not think they had a better move in the current situation right now, sadly.
You do not fire a CEO because you hold some personal grudges towards them. You fire them because they do something wrong. And I do not see any evidence or indication of smearing Altman, unless they lie about (ie I do not see any indication of them lying about it).
Then, he progressively sold more and more of the companies future to Ms.
You don’t need chatgpt and it’s massive gpu consumption to achieve the goals of openai. A small research team and a few million, this company becomes a quaint quiet overachiever.
The company started to hockey stick and everyone did what they knew, Sam got the investment and money. The tech team hunkered down and delivered gpt-4 and soon -5
Was there a different path? Maybe.
Was there a path that didn’t lead to selling the company for “laundry buddy”, maybe also.
On the other hand, Ms knew what they were getting into when its hundredth lawyer signed off on the investment. To now turn around as surprised pikachu when the board starts to do its job and their man on the ground gets the boot is laughable.
You're arguing their most viable path was to fire him, wreak havoc and immediately seek to rehire and further empower him whilst diminishing themselves in the process? It's so convoluted, it just might work!
Whether fulfilling their mission or succumbing to palace intrigue, it was a gamble they took. If they didn't realize it was a gamble, then they didn't think hard enough first. If they did realize the risks, but thought they must, then they didn't explore their options sufficiently. They thought their hand was unbeatable. They never even opened the playbook.
Oh, then my apologies, it's unclear to me what you're arguing; That the disaster they find themselves in wasn't foreseeable?
That would imply they couldn’t have considered that Altman was beloved by vital and devoted employees? That big investors would be livid and take action? That the world would be shocked by a successful CEO being unceremoniously sacked during unprecedented success, with (unsubstantiated) allegations of wrongdoing, and leap on the story. Generally those are the kinds of things that would have come up on a "Fire Sam Pro and Cons" list. Or any kind "what's the best way to get what we want and avoid disaster" planning session. They made the way it was done the story, and if they had a good reason, it's been obscured and undermined by attempting to reinstate him.
Throw in a huge investment, a 90 billion dollar valuation and a rockstar ceo. It’s pretty clear the court of public opinion is wrong about this case.
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