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Sam Altman fired as CEO of OpenAI (www.theverge.com)

submitted 1 year ago* (last edited 1 year ago) by [email protected] to c/[email protected]

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Sam Altman has been fired as CEO of OpenAI, the company announced on Friday.

“Mr. Altman’s departure follows a deliberative review process by the board, which concluded that he was not consistently candid in his communications with the board, hindering its ability to exercise its responsibilities,” the company said in its blog post.

EDITED TO ADD direct link to OpenAI board announcement:
https://openai.com/blog/openai-announces-leadership-transition

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[–] [email protected] 30 points 1 year ago

It's not an equity board. It's the original non-profit board.

There's zero reason they would be choosing to focus on profits over progress.

In fact, one of the theories I think is more credible is their loss of faith was in Altman being too closed and profit oriented as opposed to open and research oriented.