You mean when the board of directors wanted to fire him? Considering the recent news of OpenAI transitioning towards for profit i think they got what they wanted from keeping him in charge. Seems like something Microsoft would benefit from and if they’d have gotten a different CEO at the time who knows if it had come to this point.
The alternative was ceding it to the people that are True Belivers iirc? Say what you will about Sammy boi, I’m pretty sure at least he doesn’t fucking believe in the lies he says, something that cannot be said about Ilya or some other (former) high profile people there.
Point well made. Engineers, however quantitative they may be, are not often finance people. If the true believers were left in charge, they’d probably bankrupt promises much more rapidly, and auger the whole enterprise into the ground that much quicker. I can’t see that Altman is actually that great a finance guy either, at least in stewardship of other people’s money, but he has cultivated the ability to manipulate cash out of people and institutions during this grift-dominant era of Silicon Valley.
You mean when the board of directors wanted to fire him? Considering the recent news of OpenAI transitioning towards for profit i think they got what they wanted from keeping him in charge. Seems like something Microsoft would benefit from and if they’d have gotten a different CEO at the time who knows if it had come to this point.
How do you profit of a company that hemorrhages a few billion a year?
Even Amazon had AWS, which was the absurdly profitable core business at the center of a cost bleeding distribution center.
OpenAI is doing nothing to generate economic value.
The alternative was ceding it to the people that are True Belivers iirc? Say what you will about Sammy boi, I’m pretty sure at least he doesn’t fucking believe in the lies he says, something that cannot be said about Ilya or some other (former) high profile people there.
Point well made. Engineers, however quantitative they may be, are not often finance people. If the true believers were left in charge, they’d probably bankrupt promises much more rapidly, and auger the whole enterprise into the ground that much quicker. I can’t see that Altman is actually that great a finance guy either, at least in stewardship of other people’s money, but he has cultivated the ability to manipulate cash out of people and institutions during this grift-dominant era of Silicon Valley.