this post was submitted on 20 Nov 2023
155 points (90.6% liked)
Technology
55965 readers
3965 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
This is the best summary I could come up with:
On Friday, OpenAI’s board shocked investors and employees alike by firing CEO Sam Altman.
Marcus wrote about the situation on his Substack, sharing an analysis written by Fortune’s Jeremy Kahn earlier in the day.
In OpenAI’s unusual structure, a board “with no financial interest was supposed to look out for humanity,” Marcus wrote.
When faced with the potential financial repercussions of Altman’s removal, “the nominally subordinate for-profit (both employees and investors) quickly set to work to push out the board and to undo its decisions,” Marcus wrote.
Altman had told investors that if he did return to OpenAI, he wanted a new board and governance structure, according to the Wall Street Journal.
“The tail thus appears to have wagged the dog—potentially imperiling the original mission, if there was any substance at all to the Board’s concerns,” wrote Marcus.
The original article contains 501 words, the summary contains 138 words. Saved 72%. I'm a bot and I'm open source!
Wait so who are the baddies again?
Everyone