7 ms·
Maybe Sam thinks OpenAI will be so important he has a shot at CEO of Microsoft in a couple years?
by eddtries 3y ago
Maybe Sam thinks OpenAI will be so important he has a shot at CEO of Microsoft in a couple years?
- jakey_bakey 3y agoBut Satya is making a few 100 mil a year, tops. Sam could easily make himself a billionaire with one raise. And who wants to control all of Microsoft, that's a whole lot of headaches
- haldujai 3y agoAs in liquidate a billion in one raise? Is that kosher these days?
- sekai 3y agoExactly, he could just launch a new company, most of the current OpenAI staff would follow him.
- hef19898 3y agoShould tell you something that he didn't. And no, I am not talking about ethics here.
- eddtries 3y agoThere must be an insane number of non-competes though, to stop that? Especially with the amount of VC funding - that must have been included?
- airspresso 3y agoNon-competes are not legally enforcable in California, or so I hear.
- eddtries 3y agoI think the only edge cases are for executives of companies, and even then it's pretty limited, but I imagine this could be one of the examples. IANAL though - it's just from what I've seen discussed elsewhere. https://www.ottingerlaw.com/blog/executives-should-not-ignore-non-compete-agreements https://www.ottingerlaw.com/blog/executives-should-not-ignor... https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?sectionNum=16602.&nodeTreePath=9.2.1&lawCode=BPC https://leginfo.legislature.ca.gov/faces/codes_displaySectio...
- ibrarmalik 3y agoThe new models and data would stay at OpenAI. You can have thousands of researchers and compute, but if you don’t have “it”, you are behind (ask Google). In Microsoft he still has access to the models, and that’s all he needs to execute his ideas.
- synaesthesisx 3y agoYes, however they’ll be shielded from lawsuits from OpenAI at Microsoft.
- esskay 3y agoThey could, but they'd be massively hamstrung by lack of GPU's. Pretty much all supply is locked up for a good few years right now.
- quickthrower2 3y agoAssuming a MAG wont offer it.
- ethanbond 3y ago> most of the current OpenAI staff would follow him Source please? This just keeps getting repeated but there’s extremely limited public support and neither Sam’s nor the board’s decisions indicate he has a whole lot of leverage.
- nextlevelwizard 3y agoAnd if governments squeeze on AI your start up is worth pennies over night. Earning 100 MILLION per year already removes any possible financial restrictions you had. Why do you need to have 10x that? Heck even earning "just" 10 millions per year will make all of your financial concerns go away. Greed is hell of a thing
- MikeTheRocker 3y agoI suspect for people like Sam who are compulsively ambitious and competitive, it's not about the dollars. It's about winning. Further, based on anecdotes from friends and Twitter who know Sam personally, I'm inclined to believe he's genuinely motivated by building something that "alters the timeline", so to speak.
- ah765 3y agoBeing the guy who built AGI will alter the timeline the most, so I think he'll be much more interested in that than being CEO of Microsoft.
- chx 3y agoAGI is decades if not centuries away. Cranking a plausible sentence generator to be even more plausible will not get there. I do not understand how people suddenly completely lost their minds.
- sensanaty 3y agoThe hype wave really is something else, eh? People are suddenly talking as if these advanced chatbots are on the precipice of genuine AGI that can run any system you throw at it, it's absolute lunacy
- chx 3y ago> The hype wave really is something else, eh? I am old enough to remember the "How Blockchain Is Solving the World Hunger Crisis" articles but this new wave is even crazier.
- vidarh 3y agoAccording to [1], Nadella's base salary was $2.5m and stock awards and other compensation brought the total to ~$55m in 2022. [1] https://microsoft.gcs-web.com/node/31056/html https://microsoft.gcs-web.com/node/31056/html
- haldujai 3y agoI believe his total comp since becoming CEO passed 1B this summer, 9 years or so.
- tsunamifury 3y agoSam already is a billionaire
- chirau 3y agoSam is not a billionaire. By all industry accepted accounts (easily googlable), his net worth is in the range of 500 to 700 million. Do you have a source for your assertion?
- greatpostman 3y agoHe’s definitely a billionaire
- chirau 3y agoHe is not on Forbes billionaire list. All the other somewhat reliable sources do not have him as one. So what is your source for your assertion?
- eddtries 3y agoSam is rich, I assume being CEO of one of the worlds largest companies is a far greater award than extra money when you're at the billionaire level, especially at 38. But I do think this is probably non-compete related too.
- estomagordo 3y agoWhat's the functional difference between a billion and a hundred million?
- jamesyc 3y agoApproximately 1 billion.
- quickthrower2 3y agoA billion means you can fund yourself for a really big idea. Not that you should!
- qwery 3y agoLol, maybe. Ballmer was a friend of Gates, was 44 years old and had worked at Microsoft for 20 years (2000-1980) already when he became CEO. Nadella was also forty-something and had worked at Microsoft for 22 years (2014-1992) when he got the job.