Sam Altman is back as CEO of OpenAI after inking a deal to return to the company following immense pressure from employees and investors on the board that ousted him less than a week ago.
The “Private investor” in this case is Microsoft, which “graciously” offered to bring all the staff into their own new AI project. This is 100% an investor (a.k.a microsoft) win.
Well, kind of. It’s a bad look for MS to be so heavily invested in such a dumpster fire of a corporation, so it’s okay for them it got resolved, but they would have won out more if Altman had joined them. It was the other investors, including a number of employees, who would have really lost out if the company had just collapsed in on itself like it immediately started doing. This got resolved sort of against MS’s best interests.
So, sure, investor win. But MS more or less lost this one.
I generally agree that it’s unlikely the non-profit structure is going to do its job here, I’ve seen something like it more or less work on a smaller scale with things that are less intensely of interest to the entire capitalist class, although I have no idea what kind of regulations we’d end up with considering how many oligopolists are involved.
The “Private investor” in this case is Microsoft, which “graciously” offered to bring all the staff into their own new AI project. This is 100% an investor (a.k.a microsoft) win.
Well, kind of. It’s a bad look for MS to be so heavily invested in such a dumpster fire of a corporation, so it’s okay for them it got resolved, but they would have won out more if Altman had joined them. It was the other investors, including a number of employees, who would have really lost out if the company had just collapsed in on itself like it immediately started doing. This got resolved sort of against MS’s best interests.
So, sure, investor win. But MS more or less lost this one.
I generally agree that it’s unlikely the non-profit structure is going to do its job here, I’ve seen something like it more or less work on a smaller scale with things that are less intensely of interest to the entire capitalist class, although I have no idea what kind of regulations we’d end up with considering how many oligopolists are involved.