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this post was submitted on 22 Nov 2023
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I'm still wondering why he was even fired in the first place. I'd thought that perhaps I just hadn't paid proper enough attention and missed the reason, but nope, no reason was ever given.
There were some rumours that he was pushing the commercial side too fast, potentially ignoring ethical issues. Given Altmans lobbying against AI regulation in the EU I find that plausible.
Since now apparently the investors won it proves that the special structure of for-profit owned by non-profit intended to keep them honest does not work - and we urgently need to have regulation in place, as self-regulation does not work.
The "Private investor" in this case is Microsoft, which "graciously" offered to bring all the staff into their own new AI project. This is 100% an investor (a.k.a microsoft) win.
It's hard to tell from the outside - but at the beginning it mainly looked like pressure from the investors. I wouldn't be surprised if there'd been a lot of activity from them behind the scenes, and the "90% leaving" part wasn't really "standing up for Altman", but more "follow the money", with investors possibly pressuring employees in various ways.