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.
There were some rumours that he was pushing the commercial side too fast, potentially ignoring ethical issues. Given Altmans lobbying against AI regulation in the EU I find that plausible.
Since now apparently the investors won it proves that the special structure of for-profit owned by non-profit intended to keep them honest does not work - and we urgently need to have regulation in place, as self-regulation does not work.
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.
There were some rumours that he was pushing the commercial side too fast, potentially ignoring ethical issues. Given Altmans lobbying against AI regulation in the EU I find that plausible.
Since now apparently the investors won it proves that the special structure of for-profit owned by non-profit intended to keep them honest does not work - and we urgently need to have regulation in place, as self-regulation does not work.
deleted by creator
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.
deleted by creator