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[return to "We have reached an agreement in principle for Sam to return to OpenAI as CEO"]
1. garris+EJ[view] [source] 2023-11-22 11:59:46
>>staran+(OP)
If OpenAI remains a 501(c)(3) charity, then any employee of Microsoft on the board will have a fiduciary duty to advance the mission of the charity, rather than the business needs of Microsoft. There are obvious conflicts of interest here. I don't expect the IRS to be a fan of this arrangement.
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2. boh+MK1[view] [source] 2023-11-22 17:16:18
>>garris+EJ
Whenever there's an obvious conflict, assume it's not enforced or difficult to litigate or has relatively irrelevant penalties. Experts/lawyers who have a material stake in getting this right have signed off on it. Many (if not most) people with enough status to be on the board of a fortune 500 company tend to also be on non-profit boards. We can go out on a limb and suppose the mission of the nonprofit is not their top priority, and yet they continue on unscathed.
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3. hinkle+nM1[view] [source] 2023-11-22 17:23:40
>>boh+MK1
Do you remember before Bill Gates got into disease prevention he thought that “charity work” could be done by giving away free Microsoft products? I don’t know who sat him down and explained to him how full of shit he was but they deserve a Nobel Peace Prize nomination.

Just because someone says they agree with a mission doesn’t mean they have their heads screwed on straight. And my thesis is that the more power they have in the real world the worse the outcomes - because powerful people become progressively immune to feedback. This has been working swimmingly for me for decades, I don’t need humility in a new situation.

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