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1. vineya+(OP)[view] [source] 2023-11-18 04:18:31
Basically half the point of this is that Microsoft isn’t a stakeholder. The board clearly doesn’t care or is actively hostile to the idea of growing “the business”. If they didn’t know then that they weren’t a stakeholder, they know now.

MS owns a non controlling share of a business controlled by a nonprofit. MS should have prepared for the possibility that their interests aren’t adequately represented. I’m guessing Altman is very persuasive and they were in a rush to make a deal.

replies(1): >>peyton+zj
2. peyton+zj[view] [source] 2023-11-18 06:54:35
>>vineya+(OP)
Microsoft is a stakeholder. It’s absurd to suggest otherwise. The entire stakeholder concept was invented to encompass a broader view on corporate governance than just the people in the boardroom.
replies(1): >>vineya+RG
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3. vineya+RG[view] [source] [discussion] 2023-11-18 10:22:43
>>peyton+zj
This is a non profit dedicated to researching AI with the goal of making a safe AGI. That’s what the mission is. Sama starts trying to make it a business, restructures it to allow investors, of which MSFT is a 49% owner. He gets ousted and they tell Microsoft afterwards.

It’s questionable how much power Microsoft has as a shareholder. Obviously they have a staked interest in OpenAI. What is up in question is how much interest the new leaders have in Microsoft.

If I had a business relationship with OpenAI that didn’t align with their mission I would be very worried.

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