zlacker

>>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.

>>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.

>>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.

>>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.

>>015a+gb
Wasn't it a Hail Mary for Microsoft? They're not doing anything else particularly earth shattering, and if this came out without them, they'd be even less relevant. If OpenAI fought this and won without them, Microsoft would have nothing to compete against Google and everyone else with.

Did Microsoft have any other route to AI relevance?