zlacker

[return to "Greg Brockman quits OpenAI"]
1. crop_r+k2[view] [source] 2023-11-18 00:20:13
>>nickru+(OP)
This all seems so weird, and the list of Board members doesn't make this any easier to understand. Apart from the 3 insiders, there are 3 other board members. 2 of them seem complete no names and might not qualify for any important corporate board. In a for profit shareholders in theory control the board, in a non profit I am not even sure of who really has control over things.
◧◩
2. synaes+U7[view] [source] 2023-11-18 00:45:32
>>crop_r+k2
What I find incredibly odd is the lack of a Microsoft board seat, considering their large ownership in OpenAI. Something does not add up.
◧◩◪
3. dragon+ra[view] [source] 2023-11-18 00:58:46
>>synaes+U7
Microsoft has zero ownership of the entity the board controls (the OpenAI nonprofit), and a for-profit firm having seats on a nonprofit board especially if it was because they invested in a for-profit subsidiary of the nonprofit would raise serious issues of the “nonprofit” being run for purposes incompatible with its status.
◧◩◪◨
4. 015a+gb[view] [source] 2023-11-18 01:03:45
>>dragon+ra
Sure; but its still weird that Microsoft agreed to the deal with the board in the state that it was; not just no board seat, but three absolute outsiders, two of them extremely unqualified. We may look back on their decision to buy 49% of OpenAI as a big misstep.
[go to top]