How? Literally how? Who at the company even had the power to replace the board running the company?
this post was submitted on 22 Nov 2023
13 points (84.2% liked)
Technology
1440 readers
758 users here now
Which posts fit here?
Anything that is at least tangentially connected to the technology, social media platforms, informational technologies and tech policy.
Rules
1. English only
Title and associated content has to be in English.
2. Use original link
Post URL should be the original link to the article (even if paywalled) and archived copies left in the body. It allows avoiding duplicate posts when cross-posting.
3. Respectful communication
All communication has to be respectful of differing opinions, viewpoints, and experiences.
4. Inclusivity
Everyone is welcome here regardless of age, body size, visible or invisible disability, ethnicity, sex characteristics, gender identity and expression, education, socio-economic status, nationality, personal appearance, race, caste, color, religion, or sexual identity and orientation.
5. Ad hominem attacks
Any kind of personal attacks are expressly forbidden. If you can't argue your position without attacking a person's character, you already lost the argument.
6. Off-topic tangents
Stay on topic. Keep it relevant.
7. Instance rules may apply
If something is not covered by community rules, but are against lemmy.zip instance rules, they will be enforced.
Companion communities
[email protected]
[email protected]
Icon attribution | Banner attribution
founded 1 year ago
MODERATORS
The employees. Apparently, nearly all of the employees (700 of them) signed a letter to the board saying that if they didn't all resign and bring back Altman, they'd quit en mass and join Microsoft's AI division.
Also, recently news has been coming out that the guy who orchestrated the ousting has a history of acting... weird. Like, religious cult leader wierd.
That's a hard thing to come back from.
This just proves that having nonprofit or open governance is impossible when venture capital gets involved. Based on reporting, the nonprofit board tried to balance the venture capital involvement and AI potential impact on a wider scale, while Sam Altman wanted to get more VC money and ignore any safeguards put in place. I guess VC wins again.
Greed wins again.