BSV
$54.49
Vol 32.76m
-3.1%
BTC
$96998
Vol 45327.63m
-1.11%
BCH
$458.92
Vol 372.04m
-2.34%
LTC
$102.18
Vol 880.89m
-1.13%
DOGE
$0.32
Vol 5686.66m
-5.17%
Getting your Trinity Audio player ready...

In a surprising turn of events, OpenAI CEO Sam Altman was ousted from his position and removed from the company on November 17.

The move comes as a result of a board review, where a majority of the board determined that Altman was not “consistently transparent in his communications with the board,” leading to a loss of confidence in his leadership.

What apparently led to tension between Altman and the board were their differing philosophies on artificial intelligence (AI) innovation. Altman advocated for a more aggressive approach to AI development, moving fast and breaking things, while the board preferred a more cautious approach, accounting for the dangers and risks of AI every step of the way.

The board of directors was comprised of OpenAI Chief Scientist Ilya Sutskever and independent directors such as Quora CEO Adam D’Angelo, technology entrepreneur Tasha McCauley, and Georgetown Center for Security and Emerging Technology’s Helen Toner. As part of the transition, OpenAI’s Chief Technology Officer, Mira Murati, has been appointed interim CEO.

The abrupt leadership change at OpenAI

Former OpenAI President Greg Brockman, who was removed as chairman of the board at the same time Altman was ousted and subsequently quit the company in protest once he learned Altman had been removed, said:

“Sam got a text from Ilya asking to talk at noon Friday. Sam joined a Google Meet, and the whole board, except Greg, was there. Ilya told Sam he was being fired and that the news was going out very soon.”

At 12:19 p.m., Brockman got a text from Ilya asking for a quick call. At 12:23 p.m., Ilya sent a Google Meet link. Brockman was told that he was being removed from the board (but was vital to the company and would retain his role) and that Sam had been fired. Around the same time, OpenAI published a blog post.”

The sudden and unexpected move at one of the fastest-growing technology companies in the world did not come without consequences. Many OpenAI researchers and employees quit in protest and signaled that they would follow Altman into his next venture or support him in whatever he chooses to launch next.

Altman’s potential return to OpenAI

However, less than 24 hours after OpenAI officially made the announcement, reports emerged suggesting that the board was reconsidering its decision. According to sources, Altman was approached with an offer to return, and he is reportedly considering returning to the company.

The successful future of OpenAI might be contingent on the return of Sam Altman. If Altman does return, we can probably expect developments catalyzed by OpenAI to accelerate or continue as they have since the launch of ChatGPT in November 2022. But if Altman does not return, innovation in AI made possible by OpenAI might be stifled as the board that prioritizes caution over progress may hinder the growth that was previously possible and being experienced at the company.

In order for artificial intelligence (AI) to work right within the law and thrive in the face of growing challenges, it needs to integrate an enterprise blockchain system that ensures data input quality and ownership—allowing it to keep data safe while also guaranteeing the immutability of data. Check out CoinGeek’s coverage on this emerging tech to learn more why Enterprise blockchain will be the backbone of AI.

Watch: AI takes center stage at London Chatbot Summit

Recommended for you

Who wants to be an entrepreneur?
Embodying the big five personality traits could be beneficial for aspiring entrepreneurs, but Block Dojo shows that there is more...
December 20, 2024
UNISOT, PSU China team up for supply chain business intelligence
UNISOT revealed a new partnership with business intelligence and research firm PSU China, which will combine its data with UNISOT's...
December 20, 2024
Advertisement
Advertisement
Advertisement