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Such a bizarre chain of events
He was fired due to some discrepancy. Nadella said directly that he didn't like it. And when he can't use his 49% to bring Altman back, he hires him himself.
Without sarcasm: that makes total sense to me.
Real bonehead move on behalf of the OpenAI board. The guy is emergency fired in what is basically a shock to everybody including him, then the company panics and realizes they just lost their star racehorse and starts talking about getting him back. It's fucking brain dead. When they fired him, he probably had a hundred job offers before he even made it down to the lobby. Even if whatever he did is truly awful, any company with AI ambitions would kill to have him on their payroll.
MS did well executing quickly here. They took a perfect opportunity to onboard an experienced AI team for pennies vs. what buying the rest of OpenAI would cost. And whatever Sam and his team build next is going to be 100% theirs. Wouldn't be surprised if there's an open job offer for OpenAI employees looking to follow Altman, with the promise of essentially unlimited resources to develop whatever and respect from management. For a talented AI researcher that's a tempting offer.
It will also be interesting to see if Altman ends up demonstrating the dishonest behavior at Microsoft that he's been accused of at OpenAI, with the former inheriting the mess that those who expelled him from the latter were hoping to avoid. His reputation and other endeavors, especially WorldCoin, don't really give me much confidence in him, personally.
I like your take. Altman is a Valley hustler, albeit a talented one who ran YC. But, he’s not technologist or a theorist, and I suspect he’s not that interested in attempting to de-risk AGI anymore, particularly now that he’s experienced the market hype. The staff who want to be billionaires clotted to him; the staff who are committed to the original ethical vision stuck with Ilya.
My little theory is that he was in cahoots with Microsoft re some product roadmap, against the wishes of the board.
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Microsoft was not consulted re his firing as not to alert him or because there's no point asking the revealed adversary.
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Microsoft was "furious" and desperately tried to reinstate him.
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Immediately offered him a job. Effectively undermining their investment in open ai.
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So Microsoft is going to compete with themselves? (Microsoft owns 49% of openai)
"I play both sides so I always come out ahead"
Sam probably still controls a ton of shares, so I think effectively this would give them >50% of shares as long as they are partnering.
Sam had 0 equity in OpenAI. 0 shares.
Wow really? I've never heard of a CEO not getting options.
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Back both horses and drop the one that loses the race.
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Watch them flat out buy OpenAI then just reinstate these guys.
If OpenAI wanted to sell out, they wouldn't have fired Altman
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Isn't this effectively an acquihire for $0
Pretty sure Sam and Greg got A LOT of money to get „convinced“ to start at Microsoft
Even if you start dreaming up ludicrous salaries/options, the cost to hire them would be only a fraction of the hit Microsoft would take in the market if not for this play. Satya could comfortably let them name their price and say yes to anything.
This hand was played well by Satya.
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He would join Microsoft. So much for making AI to benefit humanity.
This guy is a former (and current) crypto bro who just pivoted to the next tech buzzword. This shit was never gonna be a benefit to humanity.
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I dont understand why these guys taking another 9-5 job. They already have all the money in the world. Just go travel, enjoy life but no these guys want to be bound by a clock and a manager. Lol
Some people just want power and recognition which you don't get if you just travel and enjoy life.
I could also so it being pretty exciting being at the forefront of a new technology and wanting to put all the things you've learned or been researching to use vs just quitting and feeling like you're wasting that time you've put in. Probably doesn't feel like a job if this is the case.
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Being a CEO for a company like this isn't being "bound" to "the clock" of a "9 to 5 job." It's a lifestyle choice for sure, and an aspiration for an even greater lifestyle. But they aren't bound.
CEO has to report to the board. So technically "board" is the manager.
Also in Sam Altmans case , he joined Microsoft so now he is more like "manager" who report to the director and director reports to CEO. Lol the pyramid sounds not so fun.
Some people, me included, really love our work. It isn’t related to power (for me), just pure enjoyment.
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Microsoft slept on phones and tablets, they are not sleeping on AI. And good! Software has always been Microsoft's superpower.
gets the popcorn
Well, good for them. Jury’s out on if that’s good for us regular schmucks
Spoiler: it's not!
Software has always been Microsoft's superpower
You mean buying software, right?
Selling software.
Selling bought software
Buying sold software.
Acquiring liquidated software
Or cloning popular software
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OpenAI shot themselves in the legs with a 12-gauge shotgun when they fired Sam Altman and Greg Brockman.
Expect Microsoft Copilot to eclipse ChatGPT.
They were right, he never opened the technology.
The Board though is unlikely to face any personal consequences though. 3 out of the 4 of them are CEOs of their own companies, with the fourth being OpenAI's chief scientist.
Regardless, this move will very much tank OpenAI since now the advantage is in Microsoft's court.
I see this a lot, but two people, especially those not doing the work, do not make a company. They started something great, but hundreds of talented people have been driving the ship for a long time now.
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This is the best summary I could come up with:
Microsoft has hired OpenAI co-founders Sam Altman and Greg Brockman to head up a “new advanced AI research team,” the software conglomerate’s chief Satya Nadella said Monday, capping three days of intense discussions following the unexpected decision by OpenAI’s board to dismiss Altman.
Nadella said Altman and Brockman will be joined by “colleagues,” suggesting that Microsoft is also hiring many other people who left OpenAI over the weekend.
“We look forward to moving quickly to provide them with the resources needed for their success,” said Nadella, in what many tech entrepreneurs labelled as an example of “incredible execution.”
Nadella, whose firm has invested over $10 billion in OpenAI and acquired almost 50% ownership, said the Windows-maker remains committed to the startup.
The decision comes after a tumultuous weekend that saw Altman removed from his role at OpenAI by the organization’s board on Friday.
“The board had a chance to explain their drastic actions and they did not take it,” wrote Andrej Karpathy, a research scientist at OpenAI, on X.
The original article contains 387 words, the summary contains 169 words. Saved 56%. I'm a bot and I'm open source!
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this post was submitted on 20 Nov 2023
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