Re:We have reached an agreement in principle for Sam to retu...
by s1artibartfast on Wednesday November 22, 2023 @06:29AM
(#38377843)
Altman seems to be a extraordinary leader, motivator, and strategizer. This itself is clear by the fact that 90% of the company was willing to walk out over his retention. Just think about that for minute.
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Re:We have reached an agreement in principle for Sam to retu...
by iteratethis on Wednesday November 22, 2023 @08:35AM
(#38378910)
Please stop. No employee is loyal to any CEO based on some higher order matter.
They just want to get their big pay day and will follow whoever makes that possible.
Re:We have reached an agreement in principle for Sam to retu...
by s1artibartfast on Wednesday November 22, 2023 @01:35PM
(#38383172)
That is part of effective leadership, strategy, and management.
I didn't say anything about higher order values. Getting people to want what you want, and do what you want is a skill.
Hitler was an extraordinary leader. That doesn't imply anything about higher values.
Re:We have reached an agreement in principle for Sam to retu...
by csunbird on Wednesday November 22, 2023 @06:54AM
(#38378013)
No, the 90% of the employees were scared that their million $ salaries are going away along with Sam Altman.
Re:We have reached an agreement in principle for Sam to retu...
by JansjoFromIkea on Wednesday November 22, 2023 @07:49AM
(#38378479)
stock options were probably the focus rather than the salaries
Re:We have reached an agreement in principle for Sam to retu...
by mousetree on Wednesday November 22, 2023 @08:19AM
(#38378748)
There was about to be a secondary stock purchase by Thrive where employees could cash out their shares. That likely would've fallen apart if the board won the day. Employees had a massive incentive to get same back.
Re:We have reached an agreement in principle for Sam to retu...
by __loam on Wednesday November 22, 2023 @07:22AM
(#38378265)
Yeah, it should be extremely obvious the reason most of the employees were willing to walk is they've hitched their wagons to Altman. The board of openai put the presumed party day all of them were anticipating in jeopardy. Not all of us live in this god forsaken place to "work with cool tech".
Re:We have reached an agreement in principle for Sam to retu...
by s1artibartfast on Wednesday November 22, 2023 @01:47PM
(#38383370)
Sounds like a good way to to secure your position as leader.
My job also secures my loyalty and support with a financial incentive. It is probably the most common way for a business leader to align interests.
Kings reward dukes, and generals pay soldiers. Politicians trade policies. That doesn't mean they arent leaders.
Re:We have reached an agreement in principle for Sam to retu...
by asimpletune on Wednesday November 22, 2023 @06:56AM
(#38378034)
There’s also the alternative explanation that they feel their financial situation is improved by him being there.
Re:We have reached an agreement in principle for Sam to retu...
by cyanydeez on Wednesday November 22, 2023 @07:09AM
(#38378155)
almost every decision here, except for the board, can be accounted for by financial decisions.
Especially with putting Larry Summers on the board with this tweet.
Re:We have reached an agreement in principle for Sam to retu...
by gizmo on Wednesday November 22, 2023 @07:13AM
(#38378182)
Yes yes, but that doesn't change the fact that Sam positioned himself to be unfireable. The board took their best shot and now the board is (mostly) gone and Sam is still the chief executive. They board will find itself sidelined from now on.
Re:We have reached an agreement in principle for Sam to retu...
by tr888 on Wednesday November 22, 2023 @07:00AM
(#38378076)
I thought about it for a minute. I came to the conclusion that OpenAI would have likely tanked (perhaps even within days) had Altman not returned to maintain the status quo, and engineers didn't want to be out of work and left with worthless stock.