The recent news has shaken the technology industry as Sam Altman, CEO and founder of OpenAI, was fired from his own company. According to reports, this was due to him not being truthful with the board about the company’s activities. Despite the board’s decision to remove him, employees have expressed their dissatisfaction with Altman’s removal and have threatened mass dismissal.
OpenAI has been different from other large technology companies in that it is owned by a non-profit entity. While investors such as Microsoft have provided financial support, the non-profit entity retains all voting power in the company. The nature and structure of the company have become points of contention between Altman and the board. Many key employees of the company have threatened to leave if Altman is not reinstated, and there have been talks of a potential new artificial intelligence company being formed.
The disputes are mainly centered around OpenAI’s development and commercialization of artificial intelligence. Reports indicate that OpenAI’s scientific director felt that the company should focus more on the dangers of using AI rather than its benefits. However, there are noble principles behind the creation of OpenAI, including profit and opportunities that come with it, which have led to conflicts within the organization.
As negotiations continue between Altman and the board, uncertainty surrounds both his role at OpenAI and whether or not he will be able to return to his former position as CEO.