Comment on OpenAI brings Sam Altman back as CEO less than a week after he was fired by board
aard@kyu.de 11 months agoThere were some rumours that he was pushing the commercial side too fast, potentially ignoring ethical issues. Given Altmans lobbying against AI regulation in the EU I find that plausible.
Since now apparently the investors won it proves that the special structure of for-profit owned by non-profit intended to keep them honest does not work - and we urgently need to have regulation in place, as self-regulation does not work.
guitarsarereal@sh.itjust.works 11 months ago
I’m not sure if I’d call this an investor win. More or less 90% of the company threatened to leave. It made sense on their part to do whatever it took to get him back. Anyways, looks like he stopped for a couple seconds to think about how smart it really was to join Microsoft.
Iceblade02@lemmy.world 11 months ago
The “Private investor” in this case is Microsoft, which “graciously” offered to bring all the staff into their own new AI project. This is 100% an investor (a.k.a microsoft) win.
guitarsarereal@sh.itjust.works 11 months ago
Well, kind of. It’s a bad look for MS to be so heavily invested in such a dumpster fire of a corporation, so it’s okay for them it got resolved, but they would have won out more if Altman had joined them. It was the other investors, including a number of employees, who would have really lost out if the company had just collapsed in on itself like it immediately started doing.
So, sure, investor win. But MS more or less lost this one.
aard@kyu.de 11 months ago
It’s hard to tell from the outside - but at the beginning it mainly looked like pressure from the investors. I wouldn’t be surprised if there’d been a lot of activity from them behind the scenes, and the “90% leaving” part wasn’t really “standing up for Altman”, but more “follow the money”, with investors possibly pressuring employees in various ways.