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A comment on We have reached an agreement in principle for Sam to return to OpenAI as CEO. Parent comment

Re:We have reached an agreement in principle for Sam to retu... by lacker on Wednesday November 22, 2023 @03:15AM (#38376439)
It's the same thing, really. Even if you want to shut down the company you need a CEO to shut it down! Like John Ray who is shutting down FTX.

There isn't just a big red button that says "destroy company" in the basement. There will be partnerships to handle, severance, facilities, legal issues, maybe lawsuits, at the very least a lot of people to communicate with. Companies don't just shut themselves down, at least not multi billion dollar companies.

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Re:We have reached an agreement in principle for Sam to retu... by JumpCrisscross on Wednesday November 22, 2023 @10:08AM (#38380253)
You’re right. But in an emergency, there is a close option which is to put the company into receivership and hire an outside law firm to advise. At that point, the board becomes the executive council.
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