Discussion in 'AI Technologies' started by ronjor, Nov 17, 2023.
November 17, 2023
By Jay Peters Nov 17, 2023
OpenAI’s board is no match for investors’ wrath
A power play in business is a coercion tactic that forces negotiations & possibly concessions, but it only works if the instigators have not underestimated their counterparts. Be assured that Big Tech & the venture capitalists that have billions at stake in OpenAI to be the ones manipulating the un-firing of Altman. These financial barons will fight for their ROI.
A not-for-profit run as a for-profit, high risk enterprise is an enigma. What could go wrong? Looks as though they just found out!
Microsoft hires ex-OpenAI leaders Altman and Brockman to lead new AI group
Emmett Sheer, CEO OpenAI
Emmett Shear’s posts on X reveal he is a self-declared AI “doomer” and “safetyist” who wants to slow AI development, explicitly breaking with Silicon Valley who want to charge ahead as fast as possible with minimal concern for regulations.
MS has pledged a $10 billion investment in OpenAI, but it has not released any of that money as yet. MS has a lot of chips to play here.
MS has already laid off 10,000 employees this year & now they say they will hire 500 new staff from OpenAI.
It turned out to be a 'turkey shoot'.
The OpenAI employees will give thanks this weekend.
Microsoft got the trophy.
"OpenAI researchers warned board of AI breakthrough ahead of CEO ouster
Nov 22 (Reuters) - Ahead of OpenAI CEO Sam Altman’s four days in exile, several staff researchers sent the board of directors a letter warning of a powerful artificial intelligence discovery that they said could threaten humanity, two people familiar with the matter told Reuters...
The previously unreported letter and AI algorithm was a key development ahead of the board's ouster of Altman...the two sources said...
Some at OpenAI believe Q* (pronounced Q-Star) could be a breakthrough in the startup's search for what's known as artificial general intelligence (AGI), one of the people told Reuters. OpenAI defines AGI as autonomous systems that surpass humans in most economically valuable tasks..."
Sam Altman’s officially back at OpenAI, and the board gains a Microsoft observer
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