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Sam Altman, cofounder of OpenAI, arrives for a bipartisan Artificial Intelligence (AI) Insight Forum for all US senators hosted by Senate Majority Leader Chuck Schumer at the US Capitol in Washington, on Sep 13, 2023.

OpenAI board is in discussions with Sam Altman to return as CEO, just a day after he was ousted. Sam was fired by the board on Friday with no notice and major investors including Microsoft were blindsided.

Sam co-founded OpenAI with Elon Musk and a team of AI scientists in 2015 with the goal of developing safe and beneficial AI. He has since been the face of the company, a leading figure in the field, and has been credited with the creation of ChatGPT.

Microsoft released a statement saying theyre still committed with their partnership with OpenAI but was caught off guard like other investors by the boards abrupt decision to oust CEO Sam Altman, leaving the companys future in doubt amidst fierce competition in the AI landscape with the rise LLMs like Google Bard, ChatGPT, and now xAI.

According to The Verge, OpenAI board is in discussions with Sam to return to the company as CEO, according to multiple people familiar with the matter. Altman, who was unexpectedly let go by the board, is undecided about his comeback and demands substantial governance alterations.

The 4 board members who voted out Sam Altman:

Helen Toner Director of strategy and foundational research grants at Georgetowns CSET, expert on Chinas AI landscape. She joined OpenAI board in September 2021.

Adam DAngelo CEO of Quora, advocate for OpenAIs capped-profit structure and nonprofit control. He joined OpenAI board in April 2018. He also crated Poe, an AI chatbot app which allows users to interact with many different chatbots (including ChatGPT, Claude, Llama, PaLM2, etc).

Tasha McCauley Adjunct senior management scientist at RAND Corporation, co-founder of Fellow Robots and GeoSim Systems. Shes also a signer of the Asilomar AI Principles, a set of 23 AI governance principles published in 2017. (Sam Altman, Iyla Sutskever, and Elon Musk also signed.)

Ilya Sutskever OpenAI cofounder, Russian-born chief scientist, co-author of a key paper in neural networks, helped lead the AlphaGo project.

Unlike traditional companies, OpenAI board is not focused on making money for shareholders. In fact, none of the board members even own shares in the company. Instead, their goal is to make sure that artificial general intelligence (AGI) is developed in a way that benefits everyone, not just a select few.

This is a very different approach than the one taken by most companies. Typically, companies are run by a board of directors who are responsible for making decisions that will increase shareholder value.

This often means maximizing profits, even if it comes at the expense of other stakeholders, such as employees, customers, or the environment.

This is a challenging task, but its one that OpenAI board is taking very seriously. They are working with some of the worlds leading experts on AI to develop guidelines and safeguards that will help to ensure that AGI is used for the benefit of all.

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Sam Altman In Talks to Return to OpenAI | by Derick David | Utopian ... - Medium