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[return to "We have reached an agreement in principle for Sam to return to OpenAI as CEO"]
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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. 627467+V43[view] [source] 2023-11-23 00:01:22
>>garris+EJ
I don't get the drama with "conflict of interests"... Aren't board members generally (always?) in representation of major shareholders? Isn't it obvious that shareholders have interests that are likely to be in conflict with each other or even the own organization? Thats why board members are supposed to check each other, right?
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