OpenAI’s announcement late Friday that the company was firing Altman and replacing him on an interim basis with technology chief Mira Murati sent shockwaves across Silicon Valley.
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.
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.
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.
The board that fired him was that of the nonprofit, so they don’t answer to shareholders.
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.
To be honest the shareholder value on a non-profit is, uh, lackluster.