zlacker

>>medler+(OP)
This makes no sense. People are calling what the board did a coup, but Altman is trying (failing?) to stage a coup.

The board was Altmans boss - this is pretty much their only job. Altman knew this and most likely ignored any questions or concerns of theirs thinking he is the unfireable superstar

Imagine if your boss fired you - and your response was - I’ll come back if you quit! Yeah, no. People might confuse status with those of actual ceo shareholders like zuck, bezos, or musk. But Altman is just another employee

The shareholders can fire the board, but that’s not what he’s asking for. And so far we haven’t heard anything about them getting fired. So mostly this just seems like an egomaniac employee who thinks he is the company (while appropriating the work of some really really smart data scientists)

>>shmatt+by
>People are calling what the board did a coup, but Altman is trying (failing?) to stage a coup.

The board removed the board's chairman and fired the CEO. That's why it was called a coup.

>The shareholders can fire the board, but that’s not what he’s asking for. And so far we haven’t heard anything about them getting fired

nonprofits don't have shareholders (or shares).

>>sigmar+9z
Also, the board made a decision without the board's chairman - Greg Brockman - involved. Also, it looks like the board didn't follow it's own internal rules about meetings.

>>norsur+EO
Also, the investors were not informed. It’s insane their largest investor and partner MSFT was blindsided by this. Anyone with just a little bit business sense knows this.

>>stingr+UR
This is the board of the non-profit. It has no investors. The board does not answer to anyone.

>>MacsHe+0T
And how does this non-profit pay for its immense server costs?

>>Boiled+fT
The point still stands, the board does not have "investors". Microsoft knowingly donated to the for profit entity of the non profit. Open AI isn't a PBC, it's a 501c non profit. So the board can act that way, without the knowledge of the investors.

That being said, this is a case of biting the hand that feeds you. An equivalent would be if a nonprofit humiliated its biggest donor. The donor can always walk away, claiming her future donations away, but whatever she's donated stays at the nonprofit.

>>fakeda+AV
I hope IRS is watching this ;)