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[return to "OpenAI staff threaten to quit unless board resigns"]
1. joshst+ri[view] [source] 2023-11-20 14:44:56
>>skille+(OP)
Well I give up. I think everyone is a "loser" in the current situation. With Ilya signing this I have literally no clue what to believe anymore. I was willing to give the board the benefit of the doubt since I figured non-profit > profit in terms of standing on principal but this timeline is so screwy I'm done.

Ilya votes for and stands behind decision to remove Altman, Altman goes to MS, other employees want him back or want to join him at MS and Ilya is one of them, just madness.

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2. yafbum+oC[view] [source] 2023-11-20 16:41:07
>>joshst+ri
Waiting for US govt to enter the chat. They can't let OpenAI squander world-leading tech and talent; and nationalizing a nonprofit would come with zero shareholders to compensate.
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3. logicc+NR[view] [source] 2023-11-20 17:35:21
>>yafbum+oC
If it was nationalised all the talent would leave anyway, as the government can't pay close to the compensation they were getting.
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4. yafbum+wU[view] [source] 2023-11-20 17:44:54
>>logicc+NR
You are maybe mistaking nationalization for civil servant status. The government routinely takes over organizations without touching pay (recent example: Silicon Valley Bank)
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5. kickop+qw1[view] [source] 2023-11-20 20:02:12
>>yafbum+wU
Ehh I don't think SVB is an apt comparison. When the FDIC takes control of a failing bank, the bank shutters. Only critical staff is kept on board to aid with asset liquidation/transference and repay creditors/depositors. Once that is completed, the bank is dissolved.
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6. yafbum+mP1[view] [source] 2023-11-20 21:15:09
>>kickop+qw1
While it is true that the govt looks to keep such engagements short, SVB absolutely did not shutter. It was taken over in a weekend and its branches were open for business on Monday morning. It was later sold, and depositors kept all their money in the process.

Maybe for another, longer lived example, see AIG.

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