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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. dev_tt+3m3[view] [source] 2023-11-23 01:45:50
>>iandan+0H1
Yes, and we were also watching the thousands and thousands of companies where these types of conflicts are handled easily by decent people and common sense. Don't confuse the outlier with the silent majority.
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