- Board is mostly independent and those independent dont have equity
- They talk about not being candid - this is legalese for “lying”
The only major thing that could warrant something like this is Sam going behind the boards back to make a decision (or make progress on a decision) that is misaligned with the Charter. Thats the only fireable offense that warrants this language.
My bet: Sam initiated some commercial agreement (like a sale) to an entity that would have violated the “open” nature of the company. Likely he pursued a sale to Microsoft without the board knowing.
Desperate times calls for desperate measures. This is a swift way for OpenAI to shield the business from something which is a PR disaster, probably something which would make Sam persona non grata in any business context.
It was abundantly obvious how he was using weasel language like "I'm very 'nervous' and a 'little bit scared' about what we've created [at OpenAI]" and other such BS. We know he was after "moat" and "regulatory capture", which we know where it all leads to — a net [long-term] loss for the society.
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