I'd retitle this as "OpenAI's blunder and Microsoft's excellent damage control"
I don't think Microsoft is necessarily in a better position than it was on Thursday. If we're tallying up points:
+ More control over the full AI stack
+ Effectively they will own what was once OpenAI, but is now really OpenAI 2.0
- OpenAI 2.0 is probably a worse business than OpenAI 1.0, which was, prior to the coup, a well-oiled machine
+ Control over OpenAI 2.0 operations, which can lead to better execution in the long term
- Higher wage costs
- Business disruption at OpenAI, delaying projects
- Potential OpenAI departures to competitors like Google, Meta, Anthropic, Amazon, Apple (?)
- Risk that OpenAI 1.0 (what's left of it) either sells to any of those competitors
- Risk that OpenAI 1.0 actually goes open source and releases GPT-4 weights