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[return to "OpenAI staff threaten to quit unless board resigns"]
1. mjirv+M4[view] [source] 2023-11-20 13:59:21
>>skille+(OP)
The key line:

“Microsoft has assured us that there are positions for all OpenAl employees at this new subsidiary should we choose to join.”

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2. rvz+E9[view] [source] 2023-11-20 14:14:20
>>mjirv+M4
So essentially, OpenAI is a sinking ship as long as the board members go ahead with their new CEO and Sam, Greg are not returning.

Microsoft can absorb all the employees and switch them into the new AI subsidiary which basically is an acqui-hire without buying out everyone else's shares and making a new DeepMind / OpenAI research division inside of the company.

So all along it was a long winded side-step into having a new AI division without all the regulatory headaches of a formal acquisition.

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3. JumpCr+qa[view] [source] 2023-11-20 14:16:43
>>rvz+E9
> OpenAI is a sinking ship as long as the board members go ahead with their new CEO and Sam, Greg are not returning

Far from certain. One, they still control a lot of money and cloud credits. Two, they can credibly threaten to license to a competitor or even open source everything, thereby destroying the unique value of the work.

> without all the regulatory headaches of a formal acquisition

This, too, is far from certain.

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