this post was submitted on 05 Feb 2024
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https://www.wired.com/story/openai-bizarre-structure-4-people-the-power-to-fire-sam-altman/
Oh! Turns out I was wrong... "a handful of people with no financial stake in the company" doesn't sound like shareholders, and yet they could change the direction of the company at will. And just so we're clear, whether it's four faceless ghouls or Sam Altman, 1 or 4, the fact that the company is beholden to so few people, who themselves are not democratically elected, nor necessarily law experts, nor necessarily have any history being police officers... their AI is what decides whether or not to hold a police officer accountable for his misdeeds? Hard. Pass.
Oh, and lest we forget Microsoft is invested in OpenAI, and OpenAI has a quasi-profit-driven structure. Those 4 board directors aren't even my biggest concern with that arrangement.
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