this post was submitted on 19 Nov 2023
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145
OpenAI investors push to bring Altman back as CEO one day after he was ousted by board (www.nbcnews.com)
submitted 2 years ago by ZeroCool@feddit.ch to c/technology@lemmy.world
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[–] flamingo_pinyata@sopuli.xyz 18 points 2 years ago (2 children)

How embarrassing must it be for both sides if no one is willing to go public?
If it were something illegal, they wouldn't be holding back. Unless the board is somehow complicit by default.

[–] Varyk@sh.itjust.works 11 points 2 years ago

Yeah when I heard this, and after I read the available information, I was like did they walk in on him f****** a dog in his office or something? Like the secrecy around his dismissal is so total. But then all these people he has so much support within the company. Very confusing

[–] echo64@lemmy.world -3 points 2 years ago (3 children)

The boards job is to deliver shareholder value. Ergo, it may or may not be something illegal, all ypu can guarantee is that they think that revealing information might lose shareholder value.

[–] eggymachus@sh.itjust.works 16 points 2 years ago

The board that fired him was that of the nonprofit, so they don't answer to shareholders.

[–] echodot@feddit.uk 2 points 2 years ago

They don't have shareholders. Open AI is a nonprofit. So the job of the board is literally to do what is best for the organization, I can't see how it could possibly be good for the organisation to fire the CEO and then point right refused to elaborators to the reason.

[–] homesweethomeMrL@lemmy.world 1 points 2 years ago

To be honest the shareholder value on a non-profit is, uh, lackluster.