(Replying to PARENT post)
Maybe. Or maybe they can profit differently going forward. Sam is not the reason OpenAI is gangbusters, its tech is. What I’m not hearing in any of this reporting is how Sam Altman is somehow the secret sauce.
And it’s because he isn’t. This is “rules for thee but not for me”. He as a bad fit, 2/3 the board outed him, and investors are mad because they didn’t feel included.
You know, like how they include employees in layoff decisions and not blind side them.
Sam Altman has spoken about “firing fast” when someone is a bad fit. he got fired fast, because he was a bad fit. That’s the seminal conclusion
👤no_wizard🕑2y🔼0🗨️0
(Replying to PARENT post)
Especially since it's seems it's either Sam or Ilya. Now Sam might surely be preferred as CEO, but after the Anthropic Split, I think Ilya is even more crucial to the continuity of OpenAI. Many of the researches joined OpenAI for the "Open" part. Sure money attracts people but we saw that ideal attracted the best set of people and not money, or it would have been Microsft/Google/Apple who come up with GPT instead OpenAI.
Yes i know that technically this is Google's research they are using but the execution. efficinces and tuning is what matters more in this case.
👤cowl🕑2y🔼0🗨️0
(Replying to PARENT post)
1. There is so much momentum around OpenAI that it would be tough to walk away
2. I imagine they could find a better way to setup governance so the nonprofit entity still exists but the for profit entity has a bit more autonomy
👤chipgap98🕑2y🔼0🗨️0
(Replying to PARENT post)
On Monday they’ll form OpenAI 2.0 S-Corp and move a bunch of ether into it. Investors will love the new structure and support an even higher valuation. Ilya and co will maintain a non-profit thing that probably refocuses to pure AGI. Everybody wins why didn’t they do it from the start.
👤choppaface🕑2y🔼0🗨️0
(Replying to PARENT post)
There are still plenty of long investors out there. Amazon barely made a profit for many years and Bezos made it very clear that a quick profit wasn’t his focus.
https://www.theverge.com/2013/4/12/4217794/jeff-bezos-letter...
👤prng2021🕑2y🔼0🗨️0
(Replying to PARENT post)
The business and investment people want to make money. Many of the researchers want to take their time and build better and safer models and don't care about money in the short term at all. They are two different goals.
It's easy for business and investment people to say that they are concerned with safety and research, and I believe them to a certain degree. But they have $10 billion reasons to focus on the actual business instead of research and safety.