zlacker

[parent] [thread] 68 comments
1. boh+(OP)[view] [source] 2023-11-20 14:46:25
There can exist an inherent delusion within elements of a company, that if left unchallenged, can persist. An agreement for instance, can seem airtight because it's never challenged, but falls apart in court. The OpenAI fallacy was that non-profit principals were guiding the success of the firm, and when the board decided to test that theory, it broke the whole delusion. Had it not fully challenged Altman, the board could've kept the delusion intact long enough to potentially pressure Altman to limit his side-projects or be less profit minded, since Altman would have an interest to keep the delusion intact as well. Now the cat is out of the bag, and people no longer believe that a non-profit who can act at will is a trusted vehicle for the future.
replies(5): >>jacque+21 >>bartre+l5 >>bnralt+I9 >>davesq+QH >>hooand+rC1
2. jacque+21[view] [source] 2023-11-20 14:51:34
>>boh+(OP)
Yes, indeed and that's the real loss here: any chance of governing this properly got blown up by incompetence.
replies(5): >>hef198+x3 >>postmo+w8 >>zer00e+Zb >>slavik+vy >>bart_s+4A
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3. hef198+x3[view] [source] [discussion] 2023-11-20 15:04:08
>>jacque+21
Of we ignore the risks and threats of AI for a second, this whole story is actually incredibly funny. So much childish stupidity on display on all sides is just hilarious.

Makes what the world would look like if, say, the Manhattan Project would have been managed the same way.

Well, a younger me working at OpenAI would resign latest after my collegues stage a coup againstvthe board out of, in my view, a personality cult. Propably would have resigned after the third CEO was announced. Older me would wait for a new gig to be ligned up to resign, with beginning after CEO number 2 the latest.

The cyckes get faster so. It took FTX a little bit longer from hottest start up to enter the trajectory of crash and burn, OpenAI did faster. I just hope this helps ro cool down the ML sold as AI hype a notch.

replies(3): >>jacque+Xe >>jibe+pf >>anonym+tt
4. bartre+l5[view] [source] 2023-11-20 15:15:38
>>boh+(OP)
> pressure Altman to limit his side-projects

People keep talking about this. That was never going to happen. Look at Sam Altman's career: he's all about startups and building companies. Moreover, I can't imagine he would have agreed to sign any kind of contract with OpenAI that required exclusivity. Know who you're hiring; know why you're hiring them. His "side-projects" could have been hugely beneficial to them over the long term.

replies(1): >>itsokt+C8
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5. postmo+w8[view] [source] [discussion] 2023-11-20 15:37:37
>>jacque+21
Ignoring "Don't be Ted Faro" to pursue a profit motive is indeed a form of incompetence.
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6. itsokt+C8[view] [source] [discussion] 2023-11-20 15:38:34
>>bartre+l5
>His "side-projects" could have been hugely beneficial to them over the long term.

How can you make a claim like this when, right or wrong, Sam's independence is literally, currently, tanking the company? How could allowing Sam to do what he wants benefit OpenAI, the non-profit entity?

replies(3): >>brooks+gg >>bartre+Vp >>golerg+MJ
7. bnralt+I9[view] [source] 2023-11-20 15:46:05
>>boh+(OP)
> Now the cat is out of the bag, and people no longer believe that a non-profit who can act at will is a trusted vehicle for the future.

And maybe it’s not. The big mistake people make is hearing non-profit and think it means there’s a greater amount of morality. It’s the same mistake as assuming everyone who is religious is therefore more moral (worth pointing out that religions are nonprofits as well).

Most hospitals are nonprofits, yet they still make substantial profits and overcharge customers. People are still people, and still have motives; they don't suddenly become more moral when they join a non-prof board. In many ways, removing a motive that has the most direct connection to quantifiable results (profit) can actually make things worse. Anyone who has seen how nonprofits work know how dysfunctional they can be.

replies(4): >>maksim+Gf >>vel0ci+yk >>throw_+Rp >>campbe+aS
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8. zer00e+Zb[view] [source] [discussion] 2023-11-20 15:58:57
>>jacque+21
> any chance of governing this properly got blown up by incompetence

No one knows why the board did this. No one is talking about that part. Yet every one is on twitter talking shit about the situation.

I have worked with a lot of PhD's and some of them can be, "disconnected" from anything that isn't their research.

This looks a lot like that, disconnected from what average people would do, almost childlike (not ish, like).

Maybe this isn't the group of people who should be responsible for "alignment".

replies(1): >>kmlevi+kq
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9. jacque+Xe[view] [source] [discussion] 2023-11-20 16:15:41
>>hef198+x3
The scary thing is that these incompetents are supposedly the ones to look out for the interests of humanity. It would be funny if it weren't so tragic.

Not that I had any illusions about this being a fig leaf in the first place.

replies(1): >>stingr+Ti
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10. jibe+pf[view] [source] [discussion] 2023-11-20 16:18:33
>>hef198+x3
Of we ignore the risks and threats of AI for a second [..] just hope this helps ro cool down the ML sold as AI hype

If it is just ML sold as AI hype, are you really worried about the threat of AI?

replies(1): >>hef198+Rl
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11. maksim+Gf[view] [source] [discussion] 2023-11-20 16:20:07
>>bnralt+I9
> Most hospitals are nonprofits, yet they still make substantial profits and overcharge customers.

Are you talking about American hospitals?

replies(1): >>deaddo+Ih
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12. brooks+gg[view] [source] [discussion] 2023-11-20 16:22:51
>>itsokt+C8
> How could allowing Sam to do what he wants benefit OpenAI, the non-profit entity?

Let's take personalities out of it and see if it makes more sense:

How could a new supply of highly optimized, lower-cost AI hardware benefit OpenAI?

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13. deaddo+Ih[view] [source] [discussion] 2023-11-20 16:30:54
>>maksim+Gf
There are private hospitals all over the world. I would daresay, they're more common than public ones, from a global perspective.

In addition, public hospitals still charge for their services, it's just who pays the bill that changes, in some nations (the government as the insuring body vs a private insuring body or the individual).

replies(2): >>swagem+iz >>sangno+hE
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14. stingr+Ti[view] [source] [discussion] 2023-11-20 16:36:46
>>jacque+Xe
Perhaps they were put in that position precisely because of their incompetence, not despite of it.
replies(1): >>jacque+mn
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15. vel0ci+yk[view] [source] [discussion] 2023-11-20 16:44:45
>>bnralt+I9
> Most hospitals are nonprofits, yet they still make substantial profits and overcharge customers.

They don't make large profits otherwise they wouldn't be nonprofits. They do have massive revenues and will find ways to spend the money they receive or hoard it internally as much as they can. There are lots of games they can play with the money, but experiencing profits is one thing they can't do.

replies(1): >>bnralt+Xm
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16. hef198+Rl[view] [source] [discussion] 2023-11-20 16:51:47
>>jibe+pf
It can be both, a hype and a danger. I don't worry much about AGI by now (I stopped insulting Alexa so, just to be sure).

The danger of generative AI is that it disrupts all kinds of things: arts, writers, journalism, propaganda... That threat already exists, the tech being no longer being hyped might allow us to properly adress that problem.

replies(1): >>jacque+Gn
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17. bnralt+Xm[view] [source] [discussion] 2023-11-20 16:56:07
>>vel0ci+yk
> They don't make large profits otherwise they wouldn't be nonprofits.

This is a common misunderstanding. Non-profits/501(c)(3) can and often do make profits. 7 of the 10 most profitable hospitals in the U.S. are non-profits[1]. Non-profits can't funnel profits directly back to owners, the way other corporations can (such as when dividends are distributed). But they still make profits.

But that's besides the point. Even in places that don't make profits, there are still plenty of personal interests at play.

[1] https://www.nytimes.com/2020/02/20/opinion/nonprofit-hospita...

replies(3): >>bbor+rs >>vel0ci+mw >>araes+ux
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18. jacque+mn[view] [source] [discussion] 2023-11-20 16:57:22
>>stingr+Ti
I wouldn't rule that out. Normally you'd expect a bit more wisdom rather than only smarts on a board. And some of those really shouldn't be there at all (conflicts of interest, lack of experience).
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19. jacque+Gn[view] [source] [discussion] 2023-11-20 16:58:07
>>hef198+Rl
> I stopped insulting Alexa so, just to be sure

Priceless. The modern version of Pascal's wager.

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20. throw_+Rp[view] [source] [discussion] 2023-11-20 17:06:09
>>bnralt+I9
I've worked with a lot of non-profits, especially with the upper management. Based on this experience I am mostly convinced that people being motivated by a desire for making money results in far better outcomes/working environment/decision-making than people being motivated by ego, power, and social status, which is basically always what you eventually end up with in any non-profit.
replies(4): >>bbor+Sr >>father+zu >>kbenso+5w >>SoftTa+LA
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21. bartre+Vp[view] [source] [discussion] 2023-11-20 17:06:24
>>itsokt+C8
> Sam's independence is literally, currently, tanking the company?

Honestly, I think they did that to themselves.

replies(1): >>hef198+Yr
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22. kmlevi+kq[view] [source] [discussion] 2023-11-20 17:07:26
>>zer00e+Zb
The Fact still nobody knows why they did it is part of the problem now though. They have already clarified it was not for any financial reason, security reason, or privacy/safety reason, so that rules out all the important ones that spring to anyone’s minds. And they refuse to elaborate why in writing despite being asked to repeatedly.

Any reason good enough to fire him is good enough to share with the interim CEO and the rest of the company, if not the entire world. If they can’t even do that much, you can’t blame employees for losing faith in their leadership. They couldn’t even tell SAM ALTMAN why, and he was the one getting fired!

replies(1): >>denton+ax
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23. bbor+Sr[view] [source] [discussion] 2023-11-20 17:12:38
>>throw_+Rp
Interesting - in my experience people working in non profits are exactly like those in for-profits. After all, if you’re not the business owner, then EVERY company is a non-profit to you
replies(2): >>father+4v >>golerg+1J
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24. hef198+Yr[view] [source] [discussion] 2023-11-20 17:12:54
>>bartre+Vp
And of course Sam is totally not involved in any of this, right?
replies(1): >>bartre+pV1
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25. bbor+rs[view] [source] [discussion] 2023-11-20 17:14:38
>>bnralt+Xm
This seems like pedantics…? Yes, they technically make a profit, in that they bring in more money in revenue than they spent in expenditures. But it’s not going towards yachts, it’s going toward hospital supplies. Your comment seems to be using the word “profit” to imply a false equivalency
replies(2): >>scythe+kw >>aaronb+Ix
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26. anonym+tt[view] [source] [discussion] 2023-11-20 17:17:47
>>hef198+x3
> Makes what the world would look like if, say, the Manhattan Project would have been managed the same way.

It was not possible for a war-time government crash project to have been managed the same way. During WW2 the existential fear was an embodied threat currently happening. No one was even thinking about a potential for profits or even any additional products aside from an atomic bomb. And if anyone had ideas on how to pursue that bomb that seemed like a decent idea, they would have been funded to pursue them.

And this is not even mentioning the fact that security was tight.

I'm sure there were scientists who disagreed with how the Manhattan project was being managed. I'm also sure they kept working on it despite those disagreements.

replies(2): >>Apocry+YO >>hooand+tE1
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27. father+zu[view] [source] [discussion] 2023-11-20 17:20:53
>>throw_+Rp
This rings true, though I will throw in a bit of nuance. It's not greed, the desire of making as much money as possible, that is the shaping factor. Rather the critical factor is building a product for which people are willing to spend their hard earned money on. Making money is a byproduct of that process, and not making money is a sign that the product, and by extension the process leading to the product, is deficient at some level.
replies(1): >>adverb+TI
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28. father+4v[view] [source] [discussion] 2023-11-20 17:22:17
>>bbor+Sr
Upper management is usually compensated with financially meaningful ownership stakes.
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29. kbenso+5w[view] [source] [discussion] 2023-11-20 17:25:38
>>throw_+Rp
> people being motivated by ego, power, and social status, which is basically always what you eventually end up with in any non-profit.

I've only really been close to one (the owner of the small company i worked at started one), and in the past I did some consulting work for anther, but that describes what I saw in both situations fairly aptly. There seems to be a massive amount of power and ego wrapped up in the creation and running these things from my limited experience. If you were invited to a board, that's one thing, but it takes a lot of time and effort to start up a non-profit, and that's time and effort that could be spent towards some other existing non-profit usually, so I think it's relevant to consider why someone would opt for the much more complicated and harder route than just donating time and money to something else that helps in roughly the same way.

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30. scythe+kw[view] [source] [discussion] 2023-11-20 17:26:10
>>bbor+rs
Understanding the particular meaning of each balance-sheet category is hardly pedantry at the level of business management. It's like knowing what the controls do when you're driving a car.

Profit is money that ends up in the bank to be used later. Compensation is what gets spent on yachts. Anything spent on hospital supplies is an expense. This stuff matters.

replies(1): >>vel0ci+7z
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31. vel0ci+mw[view] [source] [discussion] 2023-11-20 17:26:12
>>bnralt+Xm
> Non-profits can't funnel profits directly back to owners, the way other corporations can (such as when dividends are distributed). But they still make profits.

Then where do these profits go?

replies(5): >>jfim+EB >>userna+2C >>guhcam+QG >>s1arti+UK >>icedch+uM
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32. denton+ax[view] [source] [discussion] 2023-11-20 17:28:20
>>kmlevi+kq
> The Fact still nobody knows why they did it is part of the problem now though.

The fact that Altman and Brockman were hired so quickly by Microsoft gives a clue: it takes time to hire someone. For one thing, they need time to decide. These guys were hired by Microsoft between close-of-business on Friday and start-of-business on Monday.

My supposition is that this hiring was in the pipeline a few weeks ago. The board of OpenAI found out on Thursday, and went ballistic, understandably (lack of candidness). My guess is there's more shenanigans to uncover - I suspect that Altman gave Microsoft an offer they couldn't refuse, and that OpenAI was already screwed by Thursday. So realizing that OpenAI was done for, they figured "we might as well blow it all up".

replies(6): >>mediam+YB >>jrajav+hD >>dragon+UF >>jacque+CL >>jowea+9N >>kmlevi+nq1
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33. araes+ux[view] [source] [discussion] 2023-11-20 17:29:21
>>bnralt+Xm
501(c)(3) is also not the only form of non-profit (note the (3))

https://en.wikipedia.org/wiki/501(c)_organization

"Religious, Educational, Charitable, Scientific, Literary, Testing for Public Safety, to Foster National or International Amateur Sports Competition, or Prevention of Cruelty to Children or Animals Organizations"

However, many other forms of organizations can be non-profit, with utterly no implied morality.

Your local Frat or Country Club [ 501(c)(7) ], a business league or lobbying group [ 501(c)(6), the 'NFL' used to be this ], your local union [ 501(c)(5) ], your neighborhood org (that can only spend 50% on lobbying) [ 501(c)(4) ], a shared travel society (timeshare non-profit?) [ 501(c)(8) ], or your special club's own private cemetery [ 501(c)(13) ].

Or you can do sneaky stuff and change your 501(c)(3) charter over time like this article notes. https://stratechery.com/2023/openais-misalignment-and-micros...

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34. aaronb+Ix[view] [source] [discussion] 2023-11-20 17:30:13
>>bbor+rs
https://www.nytimes.com/2023/01/25/podcasts/the-daily/nonpro...
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35. slavik+vy[view] [source] [discussion] 2023-11-20 17:32:52
>>jacque+21
> that's the real loss here: any chance of governing this properly got blown up by incompetence

If this incident is representative, I'm not sure there was ever a possibility of good governance.

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36. vel0ci+7z[view] [source] [discussion] 2023-11-20 17:35:17
>>scythe+kw
So from the context of a non-profit, profit (as in revenue - expenses) is money to be used for future expenses.

So yeah, Mayo Cinic makes a $2B profit. That is not money going to shareholders though, that's funds for a future building or increasing salaries or expanding research or something, it supposedly has to be used for the mission. What is the outrage of these orgs making this kind of profit?

replies(1): >>s1arti+5u1
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37. swagem+iz[view] [source] [discussion] 2023-11-20 17:36:10
>>deaddo+Ih
Its about incentives though.
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38. bart_s+4A[view] [source] [discussion] 2023-11-20 17:39:02
>>jacque+21
Was it due to incompetence though? The way it has played out has made me feel it was always doomed. It is apparent that those concerned with AI safety were gravely concerned with the direction the company was taking, and were losing power rapidly. This move by the board may have simply done in one weekend what was going to happen anyways over the coming months/years anyways.
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39. SoftTa+LA[view] [source] [discussion] 2023-11-20 17:41:51
>>throw_+Rp
The bottom line doesn't lie or kiss ass.
replies(1): >>ikekkd+v41
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40. jfim+EB[view] [source] [discussion] 2023-11-20 17:44:28
>>vel0ci+mw
Some non profits have very well remunerated CEOs.
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41. mediam+YB[view] [source] [discussion] 2023-11-20 17:45:45
>>denton+ax
The problem with this analysis is the premise: that it "takes time to hire someone."

This is not an interview process for hiring a junior dev at FAANG.

If you're Sam & Greg, and Satya gives you an offer to run your own operation with essentially unlimited funding and the ability to bring over your team, then you can decide immediately. There is no real lower bound of how fast it could happen.

Why would they have been able to decide so quickly? Probably because they prioritize the ability to bring over the entire team as fast as possible, and even though they could raise a lot of money in a new company, that still takes time, and they view it as critically important to hire over the new team as fast as possible (within days) that they accept whatever downsides there may be to being a subsidiary of Microsoft.

This is what happens when principles see opportunity and are unencumbered by bureaucratic checks. They can move very fast.

replies(1): >>denton+qQ
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42. userna+2C[view] [source] [discussion] 2023-11-20 17:46:08
>>vel0ci+mw
One of the reason why companies distribute dividends is that when a big pot of cash starts to accumulate, there end up being a lot of people who feel entitled to it.

Employees might suddenly feel they deserve to be paid a lot more. Suppliers will play a lot more hardball in negotiations. A middle manager may give a sinecure to their cousin.

And upper managers can extract absolutely everything trough lucrative contracts to their friends and relatives. (Of course the IRS would clamp down on obvious self-dealings, but that wouldn't make such schemes disappear. It'll make them far more complicated and expensive instead.)

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43. jrajav+hD[view] [source] [discussion] 2023-11-20 17:50:47
>>denton+ax
I suspect it takes somewhat less time and process to hire somebody, when NOT hiring them by start-of-business on Monday will result in billions in lost stock value.
replies(1): >>denton+pK3
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44. sangno+hE[view] [source] [discussion] 2023-11-20 17:53:38
>>deaddo+Ih
> There are private hospitals all over the world. I would daresay, they're more common than public ones, from a global perspective.

Outside of the US, private hospitals tend to be overtly for-profit. Price-gauging "non-profit" hospitals are mostly an American phenomenon.

replies(1): >>deaddo+mJ2
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45. dragon+UF[view] [source] [discussion] 2023-11-20 17:58:43
>>denton+ax
I don't think the hiring was in the pipeline, because until the board action it wasn't necessary. But I think this is still in the area of the right answer, nonetheless.

That is, I think Greg and Sam were likely fired because, in the board's view, they were already running OpenAI Global LLC more as if it were a for-profit subsidiary of Microsoft driven by Microsoft's commercial interest, than as the organization able to earn and return profit but focussed on the mission of the nonprofit it was publicly declared to be and that the board very much intended it to be. And, apparently, in Microsoft's view, they were very good at that, so putting them in a role overtly exactly like that is a no-brainer.

And while it usually takes a while to vet and hire someone for a position like that, it doesn't if you've been working for them closely in something that is functionally (from your perspective, if not on paper for the entity they nominally reported to) a near-identical role to the one you are hiring them for, and the only reason they are no longer in that role is because they were doing exactly what you want them to do for you.

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46. guhcam+QG[view] [source] [discussion] 2023-11-20 18:01:55
>>vel0ci+mw
If you don't have to turn a profit to investors, you suddenly can pay yourself an (even much more astronomically high) salary.
47. davesq+QH[view] [source] 2023-11-20 18:05:29
>>boh+(OP)
Calling it a delusion seems too provocative. Another way to say it is that principles take agreement and trust to follow. The board seems to have been so enamored with its principles that it completely lost sight of the trust required to uphold them.
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48. adverb+TI[view] [source] [discussion] 2023-11-20 18:09:12
>>father+zu
Excellent to make that distinction. Totally agree. If only there was a type of company which could have the constraints and metrics of a for-profit company, but without the greed aspect...
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49. golerg+1J[view] [source] [discussion] 2023-11-20 18:09:47
>>bbor+Sr
People across very different positions take smaller paychecks in non-profits that they would do otherwise and compensate by feeling better about themselves, as well as getting social status. In a lot of social circles, working for a non-profit, especially one that people recognise, brings a lot of clout.
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50. golerg+MJ[view] [source] [discussion] 2023-11-20 18:12:32
>>itsokt+C8
> Sam's independence is literally, currently, tanking the company?

Before the boards' actions this friday, the company was on one of the most incredible success trajectories in the world. Whatever Sam's been doing as a CEO worked.

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51. s1arti+UK[view] [source] [discussion] 2023-11-20 18:16:19
>>vel0ci+mw
They usually pile up in a bank account of stocks and bonds or real estate assets held by the non-profit.
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52. jacque+CL[view] [source] [discussion] 2023-11-20 18:18:32
>>denton+ax
The hiring could have been done over coffee in 15 minutes to agree on basic terms and then it would be announced half an hour later. Handshake deal. Paperwork can catch up later. This isn't the 'we're looking for a junior dev' pipeline.
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53. icedch+uM[view] [source] [discussion] 2023-11-20 18:22:01
>>vel0ci+mw
They call it "budget surplus" and often it gets allocated to overhead. This eventually results in layers of excess employees, often "administrators" that don't do much.
replies(1): >>s1arti+zs1
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54. jowea+9N[view] [source] [discussion] 2023-11-20 18:24:21
>>denton+ax
> My supposition is that this hiring was in the pipeline a few weeks ago. The board of OpenAI found out on Thursday, and went ballistic, understandably (lack of candidness). My guess is there's more shenanigans to uncover - I suspect that Altman gave Microsoft an offer they couldn't refuse, and that OpenAI was already screwed by Thursday. So realizing that OpenAI was done for, they figured "we might as well blow it all up".

It takes time if you're a normal employee under standard operating procedure. If you really want to you can merge two of the largest financial institutions in the world in less than a week. https://en.wikipedia.org/wiki/Acquisition_of_Credit_Suisse_b...

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55. Apocry+YO[view] [source] [discussion] 2023-11-20 18:30:59
>>anonym+tt
That's what happened to the German program though

https://en.wikipedia.org/wiki/German_nuclear_weapons_program

replies(1): >>anonym+mR
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56. denton+qQ[view] [source] [discussion] 2023-11-20 18:36:10
>>mediam+YB
> There is no real lower bound of how fast it could happen.

I don't know anything about how executives get hired. But supposedly this all happened between Friday night and Monday morning. This isn't a simple situation; surely one man working through the weekend can't decide to set up a new division, and appoint two poached executives to head it up, without consulting lawyers and other colleagues. I mean, surely they'd need to go into Altman and Brockman's contracts with OpenAI, to check that the hiring is even legal?

That's why I think this has been brewing for at least a week.

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57. anonym+mR[view] [source] [discussion] 2023-11-20 18:39:13
>>Apocry+YO
Well, yes, but they were the existential threat.

Hey, maybe this means the AGIs will fight amongst themselves and thus give us the time to outwit them. :D

replies(1): >>jowea+JU
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58. campbe+aS[view] [source] [discussion] 2023-11-20 18:41:54
>>bnralt+I9
> removing a motive that has the most direct connection to quantifiable results (profit) can actually make things worse

I totally agree. I don't think this is universally true of non-profits, but people are going to look for value in other ways if direct cash isn't an option.

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59. jowea+JU[view] [source] [discussion] 2023-11-20 18:49:52
>>anonym+mR
Actual scifi plot.
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60. ikekkd+v41[view] [source] [discussion] 2023-11-20 19:27:16
>>SoftTa+LA
Be the asshole people want to kiss
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61. kmlevi+nq1[view] [source] [discussion] 2023-11-20 20:49:51
>>denton+ax
This narrative doesn’t make any sense. Microsoft was blindsided and (like everyone else) had no idea Sam was getting fired until a couple days ago. The reason they hired him quickly is because Microsoft was desperate to show the world they had retained open AI’s talent prior to the market opening on Monday.

To entertain your theory, Let’s say they were planning on hiring him prior to that firing. If that was the case, why is everybody so upset that Sam got fired, and why is he working so hard to try to get reinstated to a role that he was about to leave anyway?

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62. s1arti+zs1[view] [source] [discussion] 2023-11-20 20:58:58
>>icedch+uM
Or it just piles up in an endowment, which becomes a measure of the non-profit's success, in a you make what you measure, numbers go up sort of way. "grow our endowment by x billion becomes the goal" instead of questioning why they are growing the endowment instead of charging patients less.
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63. s1arti+5u1[view] [source] [discussion] 2023-11-20 21:03:58
>>vel0ci+7z
The word supposedly is doing a lot of heavy lifting in your statement. When it's endowments keep growing over decades and sometimes centuries without being spent for the mission, people naturally ask why the nonprofit keep raising prices for their intended beneficiaries
64. hooand+rC1[view] [source] 2023-11-20 21:40:11
>>boh+(OP)
This is one of the most insightful comments I've seen on this whole situation.
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65. hooand+tE1[view] [source] [discussion] 2023-11-20 21:48:54
>>anonym+tt
For real. It's like, did you see Oppenheimer? There's a reason they put the military in charge of that.
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66. bartre+pV1[view] [source] [discussion] 2023-11-20 23:21:32
>>hef198+Yr
In trashing the company's value? No, I'm not entirely sure it's fair to blame that one on him. I don't know the guy or have an opinion on him but, based on what I've seen since Friday, I don't think he's done that much to contribute to this particular mess. The company was literally on cloud nine this time last week and, if Friday hadn't happened, it still would be.
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67. deaddo+mJ2[view] [source] [discussion] 2023-11-21 05:03:14
>>sangno+hE
> Price-gauging "non-profit" hospitals are mostly an American phenomenon.

That just sounds like a biased and overly emotive+naive response on your part.

Again, most hospitals in the world operate the same way as the US. You can go almost anywhere in SE Asia, Latín América, África, etc and see this. There's a lot more to "outside the US" than Western+Central Europe/CANZUK/Japan. The only difference is that there are strong business incentives to keep the system in place since the entire industry (in the US) is valued at more than most nations' GDP.

But feel free to keep twisting the definition or moving goalposts to somehow make the American system extra nefarious and unique.

replies(1): >>sangno+lU2
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68. sangno+lU2[view] [source] [discussion] 2023-11-21 06:45:16
>>deaddo+mJ2
There are 2 axes under discussion going back to the root of this thread: public/private and nonprofit/for-profit, and you seem to be missing that I'm mentioning a specific quadrant^w octant, after adding the cost axis that's uniquely American. There are not a lot of pricey nonprofit hospitals in Africa, for instance.
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69. denton+pK3[view] [source] [discussion] 2023-11-21 13:39:36
>>jrajav+hD
Yeah, like OpenAI hired their first interim CEO on Thursday night, hired their second on Monday, and are now talking about rehiring Sam (who probably doesn't care to be rehired).

There may be drawbacks to the "instant hiring" model.

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