this post was submitted on 17 Nov 2023
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This makes his firing make more sense to me. Boards don't want a CEO who knows what he's doing and genuinely cares. They want a CEO who will do their bidding without question, and draw all the flak for their decisions.
Nah, competent boards want a CEO that will inspire investor confidence and pull in good numbers. Something Altman was doing in an above-and-beyond fashion.
I'm sure there was something going on behind the scenes and he pissed off some important bumblefuck.
It's the non-profit board, none of whom have equity and at the end of their announcement reiterated the importance of their original non-profit founding charter despite the spinning off of the for profit entity owned by the non-profit.
Your comment was the equivalent of "I have no idea what I'm talking about"
"Capitalism sucks and thats all I know" level hot take