>>modele+(OP)
OpenAi is also being investigated by the SEC. If "Altman hadn’t been consistently candid in his communications with the board" is interpreted as being misleading then that could be interpreted as misleading investors and therefore securities fraud.
>>helsin+al
Nothing I've read about that whole kerfuffle suggests that "investors" were the main people the ousted board members cared about. Kind of seems like reading back significance not intended into the original text.
>>emoden+R11
In a company (it may be complicated due to OpenAIs structure) the boards sole purpose is to represent all shareholders. If they don’t that’s usually asking for a SEC investigation or private law suit.
>>helsin+tM1
Yes, if we just ignore OpenAI's unusual structure it really simplifies the discussion, much like the joke about the physicist who starts by assuming a perfectly spherical cow.
>>emoden+0T1
> Yes, if we just ignore OpenAI's unusual structure it really simplifies the discussion
No it only makes who the responsibility of the board is to - the non profits charter, the donors, or the shareholders. That decides if their decision was lawful, not their intent.