3 ms·
Basically half the point of this is that Microsoft isn’t a stakeholder. The board clearly doesn’t care or is actively hostile to the idea of growing “the busin
by vineyardmike 3y ago
Basically half the point of this is that Microsoft isn’t a stakeholder. The board clearly doesn’t care or is actively hostile to the idea of growing “the business”. If they didn’t know then that they weren’t a stakeholder, they know now.
MS owns a non controlling share of a business controlled by a nonprofit. MS should have prepared for the possibility that their interests aren’t adequately represented. I’m guessing Altman is very persuasive and they were in a rush to make a deal.
- junofan 3y agoMicrosoft is a stakeholder. It’s absurd to suggest otherwise. The entire stakeholder concept was invented to encompass a broader view on corporate governance than just the people in the boardroom.
- vineyardmike 3y agoThis is a non profit dedicated to researching AI with the goal of making a safe AGI. That’s what the mission is. Sama starts trying to make it a business, restructures it to allow investors, of which MSFT is a 49% owner. He gets ousted and they tell Microsoft afterwards. It’s questionable how much power Microsoft has as a shareholder. Obviously they have a staked interest in OpenAI. What is up in question is how much interest the new leaders have in Microsoft. If I had a business relationship with OpenAI that didn’t align with their mission I would be very worried.