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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. bradle+hG1[view] [source] 2023-11-22 16:54:57
>>garris+EJ
Major corporate boards are rife with "on paper" conflicts on interest - that's what happens when you want people with real management experience to sit on your board and act like responsible adults. This happens in every single industry and has nothing to do with tech or with OpenAI specifically.

In practice, board bylaws and common sense mean that individuals recuse themselves as needed and don't do stupid shit.

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3. iandan+0H1[view] [source] 2023-11-22 16:57:46
>>bradle+hG1
"In practice, board bylaws and common sense mean that individuals ... don't do stupid shit."

Were you watching a different show than the rest of us?

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4. hinkle+9L1[view] [source] 2023-11-22 17:17:56
>>iandan+0H1
I get a lostredditor vibe way too often here. Oddly more than Reddit.

I think people forget sometimes that comments come with a context. If we are having a conversation about Deep Water Horizon someone will chime in about how safe deep sea oil exploration is and how many failsafes blah blah blah.

“Do you know where you are right now?”

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5. LordDr+nP1[view] [source] 2023-11-22 17:36:29
>>hinkle+9L1
>I think people forget sometimes that comments come with a context.

I mean, this is definitely one of my pet peeves, but the wider context of this conversation is specifically a board doing stupid shit, so that's a very relevant counterexample to the thing being stated. Board members in general often do stupid/short-sighted shit (especially in tech), and I don't know of any examples of corporate board members recusing themselves.

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6. mhluon+9U1[view] [source] 2023-11-22 17:56:03
>>LordDr+nP1
Common example of recusal is CEO comp when the CEO is on the board.
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7. alsetm+902[view] [source] 2023-11-22 18:19:32
>>mhluon+9U1
That's what I would term a black-and-white case. I don't think there's anyone with sense who would argue in good faith that a CEO should get a vote on their own salary. There are many degrees of grey between outright corruption and this example, and I think the concern lies within.
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