undefined | Better HN

0 pointscthalupa2y ago0 comments

> I have a contrarian prediction : Due to pressure from investors and a lawsuit against the openai board, the board will be made to resign and Sama & Greg will return to openai.

The board is not beholden to any investors. The board is for the non-profit that does not have shareholders, and it fully owns and controls the manager entity that controls the for-profit. The LLC's operating agreement is explicit that it is beholden to the charter and mission of the non-profit, not creating financial gain for the shareholders of the for-profit company.

0 comments

lll-o-lll2y ago

OpenAI will lose access to MS and the billions required to continue the research as quickly as MS is able to move. The non-profit will continue, but without the resources required to do much, and any scientists who want to have “real world impact” as opposed to “ideological dreams” will move on.

Competition will kill these ideological dreams because the technology has huge commercial and political applications. MS would never have invested had they foreseen these events and OpenAI cannot achieve their mission without access to incredible amounts of capital.

He’s dead Jim, but it’ll take a long time before the corpse stops twitching.

j / k navigate · click thread line to collapse

0 comments

lll-o-lll2y ago

He’s dead Jim, but it’ll take a long time before the corpse stops twitching.

j / k navigate · click thread line to collapse