<story><title>OpenAI investors keep pushing for Sam Altman’s return</title><url>https://www.wsj.com/tech/openai-employees-threaten-to-quit-unless-board-resigns-bbd5cc86</url></story><parent_chain><item><author>righthand</author><text>Why? The board announced the removal of a CEO which they have the power to do. It upset a bunch of employees who liked the CEO. The board is in search of a new CEO.&lt;p&gt;OpenAI’s valuation isn’t because Sam Altman is worth $90B it’s the tech. The tech is fine. Investors have no reason to worry about their investment in the tech.&lt;p&gt;The people under pressure are Sam Altman trying to reclaim his job he was fired from and Satya Nadella who is running a campaign to eat OpenAI. None of that is related to the functioning tech of OpenAI, all of it is related to the drama of what happened. Drama is not equal to money.&lt;p&gt;I was sad when my favorite pet died too, but then eventually you get a new pet that’s just as good as a Worldcoin guy, maybe better.</text></item><item><author>flappyeagle</author><text>These words are gonna get ate one way or another. There is no outcome where the current board wins.&lt;p&gt;Emmet is already threatening the board with resignation unless they provide evidence of wrongdoing [1]. Which they don&amp;#x27;t have, because they would have revealed it already.&lt;p&gt;They are empty shirts.&lt;p&gt;[1] &lt;a href=&quot;https:&amp;#x2F;&amp;#x2F;x.com&amp;#x2F;emilychangtv&amp;#x2F;status&amp;#x2F;1727020834005700914?s=20&quot; rel=&quot;nofollow noreferrer&quot;&gt;https:&amp;#x2F;&amp;#x2F;x.com&amp;#x2F;emilychangtv&amp;#x2F;status&amp;#x2F;1727020834005700914?s=20&lt;/a&gt;</text></item><item><author>righthand</author><text>I don’t think the board is under any pressure. If they don’t do anything else they just need the employees to fold on their threat to resign. Even if the employees resign, ChatGPT is still running and there are lots of people willing to take the defecting employees spots.&lt;p&gt;The only thing they are pressured on is to fill in the story for the media point of view which is irrelevant to the actual functioning of OpenAI.</text></item><item><author>jacquesm</author><text>Does anybody know who is currently CEO of OpenAI? Friday, Sam. Saturday, Mira. Sunday was a day off, Monday it was Emmet so who is it for today?&lt;p&gt;Kidding aside, the board is under more and more pressure but - surprisingly - they haven&amp;#x27;t folded yet. I am interpreting that as that they are trying to get something out of it that nobody is willing to give them. The new CEO is also surprisingly not to be found at all, no public statements, nothing to reassure employees that the ship is in good hands. Not the best showing for a captain of a ship in crisis.</text></item></parent_chain><comment><author>flappyeagle</author><text>&amp;gt; The board announced the removal of a CEO which they have the power to do.&lt;p&gt;They have the power to remove him momentarily, do they have the power to keep him out? we&amp;#x27;re still  finding out.&lt;p&gt;&amp;gt; OpenAI’s valuation isn’t because Sam Altman is worth $90B it’s the tech.&lt;p&gt;OpenAI&amp;#x27;s valuation is nominally because of the tech. It&amp;#x27;s fundamentally because of the people. 90% of the staff is threatening to follow Sam to $MS so that&amp;#x27;s the whole ball game. They went to OpenAI to make themselves rich. The board fired the guy that was trying to do that for them.&lt;p&gt;&amp;gt; I was sad when my favorite pet died too, but then eventually you get a new pet that’s just as good as a Worldcoin guy, maybe better.&lt;p&gt;Doesn&amp;#x27;t matter if you or I am sad. It only matters if the talent at OpenAI is sad. The board made them sad. Sam and Sataya make them happy.</text></comment>
<story><title>OpenAI investors keep pushing for Sam Altman’s return</title><url>https://www.wsj.com/tech/openai-employees-threaten-to-quit-unless-board-resigns-bbd5cc86</url></story><parent_chain><item><author>righthand</author><text>Why? The board announced the removal of a CEO which they have the power to do. It upset a bunch of employees who liked the CEO. The board is in search of a new CEO.&lt;p&gt;OpenAI’s valuation isn’t because Sam Altman is worth $90B it’s the tech. The tech is fine. Investors have no reason to worry about their investment in the tech.&lt;p&gt;The people under pressure are Sam Altman trying to reclaim his job he was fired from and Satya Nadella who is running a campaign to eat OpenAI. None of that is related to the functioning tech of OpenAI, all of it is related to the drama of what happened. Drama is not equal to money.&lt;p&gt;I was sad when my favorite pet died too, but then eventually you get a new pet that’s just as good as a Worldcoin guy, maybe better.</text></item><item><author>flappyeagle</author><text>These words are gonna get ate one way or another. There is no outcome where the current board wins.&lt;p&gt;Emmet is already threatening the board with resignation unless they provide evidence of wrongdoing [1]. Which they don&amp;#x27;t have, because they would have revealed it already.&lt;p&gt;They are empty shirts.&lt;p&gt;[1] &lt;a href=&quot;https:&amp;#x2F;&amp;#x2F;x.com&amp;#x2F;emilychangtv&amp;#x2F;status&amp;#x2F;1727020834005700914?s=20&quot; rel=&quot;nofollow noreferrer&quot;&gt;https:&amp;#x2F;&amp;#x2F;x.com&amp;#x2F;emilychangtv&amp;#x2F;status&amp;#x2F;1727020834005700914?s=20&lt;/a&gt;</text></item><item><author>righthand</author><text>I don’t think the board is under any pressure. If they don’t do anything else they just need the employees to fold on their threat to resign. Even if the employees resign, ChatGPT is still running and there are lots of people willing to take the defecting employees spots.&lt;p&gt;The only thing they are pressured on is to fill in the story for the media point of view which is irrelevant to the actual functioning of OpenAI.</text></item><item><author>jacquesm</author><text>Does anybody know who is currently CEO of OpenAI? Friday, Sam. Saturday, Mira. Sunday was a day off, Monday it was Emmet so who is it for today?&lt;p&gt;Kidding aside, the board is under more and more pressure but - surprisingly - they haven&amp;#x27;t folded yet. I am interpreting that as that they are trying to get something out of it that nobody is willing to give them. The new CEO is also surprisingly not to be found at all, no public statements, nothing to reassure employees that the ship is in good hands. Not the best showing for a captain of a ship in crisis.</text></item></parent_chain><comment><author>thinkindie</author><text>Technology is not made out of thin air but it is made - and maintained - by people; and when 500 out of 700 people threaten to quit on the spot and leave for competitors, or for Microsoft, investors might not be happy at all.</text></comment>