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
> A non profit board absolutely calls the shots at a non profit...

Doesn't look like it right now in this case.

>>icelan+ve
Because of a news article saying a prior VC firm is pushing to reinstate sam or fund his new venture and didn’t care which way it goes? That’s not a lot to hang your hat on. They legally have every right to do what they did and no one can force them to change their mind under any circumstance. They might choose to, but OpenAI has all the cards. Sam Altman is a talking head, and if they churn some senior folks, OpenAI has the technology and brand to replace them. If I were the OpenAI board, I would be sleeping like a baby, especially if sam were acting out of sync with the charter of the non profit. I imagine his antics caused a lot of stress the further they drifted from their mission and the more he acted autonomously.

>>fnordp+Zr
> If I were the OpenAI board, I would be sleeping like a baby

Well, they're all about to be out of a job, so it's a good time to catch up on sleep.