Sam Altman’s unexpected and accidental ouster from ChatGPT maker OpenAI has left many wondering why a company that arguably leads the way in massive AI worldwide had to let go of its most influential AI figure at a crucial time. intersection?
According to OpenAI, the billionaire and AI evangelist’s “departure followed a thoughtful review process by the board, which found that he was not consistently honest in his communications with the board, which hindered its ability to fulfill its responsibilities.”
The board said it “no longer has confidence in his ability to continue to lead OpenAI.”
What the hell just happened at the world’s most hyped AI company when AI chatbot ChatGPT hit 100 million weekly active users?
According to media reports, Altman may have tried to circumvent the government in a major deal.
“It’s possible that Altman — and possibly OpenAI president Greg Brockman, who stepped down as chairman at the same time and then resigned — wanted to make a bold move that he knew the board wouldn’t want,” according to a TechCrunch report.
According to Semaphore, Altman has raised a venture capital fund to focus on “hard technology.”
The report mentions that if he negotiated a deal, such as an acquisition or a more exclusive integration, that could also have infuriated the board, either at the very idea or the exclusion.
OpenAI is also not doing well financially and is burning a lot of money. Earlier this year, reports surfaced that the maker of ChatGPT is likely to go bankrupt by the end of 2024 if it doesn’t get more funding soon.
ChatGPT reportedly pays a whopping $700,000 (Rs 5.80 crore) per day. Even Altman had admitted in a tweet that “the cost of computing is eye-watering.”
According to reports, Altman has been secretly pursuing an internal project, perhaps at significant cost, against government advice.
“Some kind of major mismatch in the finance department could be the reason for the firing, but it’s hard to imagine what Altman could have hidden from the board and the CTO that would be so terrible,” according to TechCrunch.
It is also possible that Altman made personal investments in a way that the board disagreed with.
It’s also possible that Sam’s enthusiasm for generative AI “led to a big rift between him and the government.”
Meanwhile, Altman said Saturday that he loved his time at OpenAI.
“It was revolutionary for me personally and hopefully for the world as well. Most of all, I loved working with such talented people. More to come later”