- 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.
[1] >>35960125
Thank you. I don't see this expressed enough.
A true idealist would be committed to working on open models. Anyone who thinks Sam was in it for the good of humanity is falling for the same "I'm-rich-but-I-care" schtick pulled off by Elon, SBF, and others.