Turning it into an emergency and surprise coup with innuendo of wrongdoing looks to have been a huge mistake, and may result in total loss of control where a more measured course correction could have succeeded.
Looks like they were right to boot him, but may have done it way too late, having already de facto lost control due to the direction he’d guided the organization. If he comes out on top, it’ll mean the original OpenAI and its mission is dead, looks like to me, and the board was already cut out months ago but didn’t realize it yet.
The problem comes when the situations starts to resemble the line about how, if you owe a bank a billion dollars, you own the bank: if the direction the CEO has taken the company differs enough from the vision of the board, and they've had enough time to develop the company in that direction, they can kinda hold the organization hostage. Yes, the company isn't what the board really wanted it to be, but it's still worth a bajillion dollars: completely unwinding it and starting over is unthinkable, but all the options that include firing the CEO (the only real lever the board has, the foundation of all the decision-making weight that they have, remember) end up looking like that.
https://www.theverge.com/2023/3/15/23640180/openai-gpt-4-lau...
To push back on this a bit. If two yet unknown people, "an Altman" and "an Ilya", both applied to YC to start a company that builds and sells AI models, guess who would get funded. Not the guy who can't build AI models.
I find it bizarre that the guy who can build is suddenly the villain-nerd who can't be trusted, and the salesman is the hero, in this community.
Sam seems to have a "move fast and break things" approach which would be appropriate for a less critical industry
In reality you need all of them, and they are all separate talents, but things are clearly unbalanced.
The example he gave is a model that could independently do science.
It does not matter that the board has the legal power to do whatever they want eg fire the CEO. If the investors and key employees that keep the company going walk away, they end up with nothing so they might as well resign and preserve the organization rather than burn the whole thing down.