I'm not surprised the board had to act.
I'm not surprised the board had to act.
And "side hustles" are not inherently concerning at all. There are quite a number of well-known tech CEO's running multiple companies at once. The only things that matter are a) that the board is aware and feel like they're paying the right amount for the proportion of the CEO's time that they're getting, and b) that they don't involve a conflict of interest. (And generally speaking, being a potential supplier for your company isn't a conflict -- to the contrary, it's a pattern that's been successfully followed before.)
Concentration of power, mostly. No power greater than a fab for that right now.
It seems like OpenAI should be all for it.
What a double standard.
You are a resource. He is a point of connection to resources.
All I am getting is “you’re getting conned, he is the conman.”
What do you want to be?
Source: Been there, doing that
My point is not about relative contributions of value necessarily, which are difficult to compare, but about the structure of employment. The value of a CEO who is doing a good job is not measured by the number of hours they spend on a project. They cannot iterate on solutions the way an engineer can.
The skillset and behavior are different at the meta, macro and micro levels.
I know that sounds callous but it isn't rare at all for high level functionaries to hold positions in more than one entity, the board of directors of OpenAI is an excellent example of that. And some of those are arguably already conflicted.
Worker bees get paid to work, and companies would like to get a certain amount of time for their money because that what it says in your employment contract. You don't necessarily have to agree with that but then you have to carve your own path rather than to hitch your horse to someone else's wagon.
The exclusivity clause is fairly common but may not be enforceable depending on where you live, especially if it is for a part-time job (but in IT most jobs are full-time).
There is no double standard.
For the vast majority of CEOs, if they tried to start another company as a side-hustle then they'd also get fired (and potentially sued).
For the CEOs who can run multiple companies at once, there's several factors
- they founded the company, so they have a majority of voting rights so they can't get fired
- they're so valuable to the company that the shareholders are willing to put up with them running multiple companies at once (and shareholders will definitely grumble about it)
For you, you're not really valuable to the company so if you try to work multiple jobs at once then they have no qualms with replacing you.
If you were a valuable enough IC then you could definitely get into a situation where you're working with multiple companies at once.
People do this with consulting arrangements, where they create a consulting company and are able to work with multiple entities at once because they've given themselves enough leverage to do so.
The issue isn't a double standard. The issue is that you haven't put yourself in a situation where you have enough leverage over the company to work multiple jobs.
It sometimes seems that they aren’t as harsh with executives.
However, IMO, when companies dialog executives from working multiple jobs they use the same sort of rhetoric: “ceo is distracted, directionless, uncommunicative, unable to see past this conflict of interest, etc.” The board will paint the CEO as some dilettante fop.
Look at what happened to Altman, he’s been fired and they insinuated that he’s a lying, double dealing, dirtbag.
Personally I'd rather have a chiller life than try to juggle two jobs without each one finding out about the other.
Does that hold true for a nonprofit, though? "Oops, revenues exceed expenses this year; we better order some supplies to avoid being profitable..."
Unless you specifically have a contract that allows you to avoid disclosures. Or have a specific agreement that transfers intellectual property or research results to you.
So, if a CEO was talking to investors about a new venture (or a set of new ventures) in a closely related field, perhaps even sharing some details about the existing company with those potential investors, would it be fair to say that said CEO was not being entirely candid with the board?
Those are some big "if" statements. I think we would have to see what information was disclosed by Altman to the board with respect to these discussions before making judgements. The precise details of such disclosures may be a matter of legal interpretation.
Or, more likely, all of this will get settled behind closed doors and we will never really know.
If they really want to ensure that ensure that AI benefits all of humanity they have to keep it affordable to everyone.
Scaling out of expensive GPUs, and making the service cheap and therefore generally available to more humans sounds sensible.
“We are growing quickly enough and a GPU shortage gives everyone more time to catch up on safety research” seems like a logically consistent position to me.
A watchdog sounded an alert.
If anything, it seems to me that unlocking OpenAI and the broader market from what’s been an effective monopoly through more chip competition would be inline with the charter.
> Technical leadership
> To be effective at addressing AGI’s impact on society, OpenAI must be on the cutting edge of AI capabilities—policy and safety advocacy alone would be insufficient.
LOL!
I’ll link it for you:
Examples is a very generous word. They merely just quoted parts of the charter and pretended the argument would stand on its own.
Watch me literally do the same thing.
Here are all the parts of the carter Sam violated, and I'll even do one better and provide insight:
>Long-term safety
He has been very clear about his position that OpenAI should press forward, despite risks, and used faulty equivocation to justify said position. “A misaligned superintelligent AGI could cause grievous harm to the world; an autocratic regime with a decisive superintelligence lead could do that too.” - Sam
>Technical leadership
Sam doesn't value technical leadership, as proven by his history at other companies and he isn't technical himself. He will immediately pivot to cashing out the moment the time is right. OpenAI is a steward of the domain, not a profiteer. Attempting to solicit special arrangements with other vendors isn't going to progress the domain forward, that happens through research, not special kickbacks.
>Cooperative orientation
The board clearly didn't believe he was being cooperative, with them and perhaps the larger AI community. Given his positions on safety and progress it's not surprising to see him being outed.
Since my comment is easily twice the effort of GP, and I have now baselined my comment with the standards you clearly see as valuable, I look forward to your constructive input.
Which I doubt there will be, which is what was funny about the original comment. All that it deserved was "LOL."
> Ignoring risks
This is not even on topic. You seem to think it is literally about the risk of a magical incantation of AGI that someone was going to accidentally utter. Instead it is about working the conversation for support.
> Sam doesn’t value technical leadership
He doesn’t prioritize technical decisions over all, which is want you want from an organizational leader. He has hired and enabled some of the best technical competency in a generation to do things no one thought were possible.
> The board didn’t believe he was being cooperative
“Being cooperative” as defined here is so naive as to be comical on its own. Internal politics are a constant presence. His job is not to be maximally cooperative without regard for strategy.
The only thing that is clear to me is that non profit structures as presently conceived are totally inadequate for the use OpenAI has put them to and in particular are not up to withstanding growth pressures.
Yea, no one... except Googlers