zlacker

>>medler+(OP)
This makes sense. The board thinks they're calling the shots, but the reality is the people with the money are the ones calling the shots, always. Boards are just appointed by shareholders aka investors aka capital holders to do their bidding.

The capped-profit / non-profit structure muddles that a little bit, but the reality is that entity can't survive without the funding that goes into the for-profit piece

And if current investors + would-be investors threaten to walk away, what can the board really do? They have no leverage.

Sounds like they really didn't "play the tape forward" and think this through...

>>airstr+r3
A non profit board absolutely calls the shots at a non profit, in so far as the CEO and their employment goes. Non profit boards are not beholden, structurally, to investors and there are no shareholders.

No stakeholder would walk away from OpenAI for want of sam Altman. They don’t license OpenAI technology or provide funding for his contribution. They do it to get access to GPT4. There is no comparable competitor available.

If anything they would be miffed about how it was handled, but to be frank, unless GPT4 is sam Altman furiously typing, I don’t know he’s that important. The instability caused by the suddenness, that’s different.

>>fnordp+f7
Nothing matters if you don’t have the money to enforce the system. Come on get real. Whatever the board says MS can turn off the money in a second and invalidate anything.

>>tsunam+A8
Microsoft depends on OpenAI much more than OpenAI depends on Microsoft. If you work with OpenAI as a company very often this is extraordinarily obvious.

>>fnordp+0b
Microsoft is also OpenAI's main cloud provider, so they certainly have some leverage.

>>alumin+Sf
Aws is JP Morgan’s main cloud provider, and Apples too. Do you think aws has leverage over JPMC and Apple due to that? Or does JPMC and Apple have leverage over aws?

Azure gets a hell of a lot more out of OpenAI than OpenAI gets out of azure. I’ll bet you GPT4 runs on nvidia hardware just as well regardless of who resells it.

>>fnordp+ns
JP Morgan and Apple can actually afford to pay their cloud bills themselves. Open AI on the other hand can't.

> I’ll bet you GPT4 runs on nvidia hardware

Yes but they'll need to convince someone else like Amazon to give to them for free and regardless what happens next Microsoft will still have a signficant stake in OpenAI due to their previous investments.