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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. jacque+Hh[view] [source] 2023-11-20 14:41:56
>>rvz+E9
And sue for the assets of OpenAI on account of the damage the board did to their stock... and end up with all of the IP.
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4. lotsof+2n[view] [source] 2023-11-20 15:09:15
>>jacque+Hh
On what basis would one entity be held responsible for another entity’s stock price, without evidence of fraud? Especially a non profit.
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