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The theory is Altman gave his eye scanning crypto company early access to openAI tech without telling anyone and what ensued is just FAFO in action.
by duringmath 3y ago
The theory is Altman gave his eye scanning crypto company early access to openAI tech without telling anyone and what ensued is just FAFO in action.
- woeirua 3y agoThat’s not big enough to immediately terminate him.
- dragonwriter 3y agoSelf-dealing like that really is, not saying I see any reason to suspect its that and not something else, but, yeah, doing that and cocncealing it absolutely would be a reason for both firing him and making the statement made. Unless Brockman was involved, though, firing Brockman doesn't really make sense.
- fragmede 3y agoYeah, looking at the self-dealing going on with WeWork and Adam Neumann, it's not that.
- lmm 3y agoThe board knew and agreed to it in that case.
- ssnistfajen 3y agoNot sure what you mean here. They tried to IPO in 2019 and all the dirty laundry came out, scuttled the IPO and Neumann got ousted.
- fragmede 3y agoOusted to the tune of millions and millions of dollars tho. Yeah he didn't get an IPO pop, but he's still worth more than you or I could make in several lifetime.
- dragonwriter 3y agoThere's a difference between self-dealing you sell the board on and self-dealing you conceal from the board (also, different where its a pure for-profit where the self-dealing happens and where there is a non-profit involved, because the latter not only raises issues of conflict of interest with the firm, but also potential violations of the rules governing non-profits.)
- nothrowaways 3y agoNo way, no Sam - crypto scandal again.
- moralestapia 3y agoI'm also inclined to believe something like this happened.