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A Timeline of Sam Altman’s Removal and Then Un-Removal+My Always Correct Opinion

Well, that was a fun lil’ saga, but after all that, Sam Altman has returned to OpenAI as their chief executive officer. I will give a lil’ timeline of his removal and then un-removal, and then the impacts.

Last Friday, Sam Altman was fired as CEO. In a bizarre move, the board fired him because, and this is a disgustingly vague reason, he was “not consistently candid in his communications with the board.” The non-profit board was right to do this. The way the organization was set up, Sam was violating their original wholesome mission to create AI for the world. Sam directed the organization towards making dough, not smiles, and from a strict interpretation, he should have been let go. The only problem is that the company was too far evolved for that mindset, and 95% of the employees thought Sam was the man. Basically, a bad decision from OpenAI. OpenAI said that the CTO Mira Murati would be taking over as interim CEO. Greg Brockman, a co-founder and the president also quits in solidarity. On top of that, OpenAI lost its director of research, the head of an AI risk team, and another senior researcher. Basically, all of the people who joined with/because of Sam took off.

Saturday, major investors like Microsoft, some hedge funds, and VCs, got mad. It seems like they told the OpenAI board to get Sam back or they would pull out. This was a huuuuggee deal. OpenAi were like “ugghhh fine,” and they went and chatted to Sam about getting him back. The negotiations apparently went poorly, because neither Sam nor Brockman came back. If I had to make a guess, Sam told the board that he would not return if the board members stayed on, and they told him to shut up. I would also make an assumption that the tension in that room/virtual meeting was painful, seeing as these board members were kicking the founders of the company out because of some manufactured reason.

Sunday, negotiations continued to bring Sam back, with Microsoft CEO Satya Nadella being a mediator. Efforts were unsuccessful once again, and OpenAI went out and got the former Twitch CEO Emmett Shear as their new Chief. At this point, it seemed like things were done.

Monday, my man Satya Nadella went out and got Sam. In a move that I L.U.V-Luved, Microsoft got complete control of what seemed like all of the crucial people in OpenAI. Satya Nadella tweeted “Sam Altman and Greg Brockman, together with colleagues, will be joining Microsoft to lead a new advanced AI research team.” At this point, it seemed like Mr. Nadella played this situation gorgeously, and I was loving it as an investor. On top of this, 95% of OpenAI employees signed a letter threatening to leave the company and go to Microsoft if Sam was not restored as head of the company and for the board to be obliterated.

Tuesday, the saga is completed Sam is returning to OpenAI as their CEO, with a completely new board. It is almost assured that Microsoft will get seats on the board and that Sam will keep a tighter grip on the group that oversees the organization.

Final thoughts: this was very scary from a Microsoft point of view. This meltdown is another example of why you need a CEO who is so excellent at his job. Mr. Nadella did a brilliant job of securing the situation, and almmoossttt securing AI in the hands of Microsoft. Microsoft still got a nice consolation prize in the undying loyalty of Sam Altman, Greg Brockman, and many OpenAI employees. On top of that loyalty, Microsoft will assuredly get board seats and will be in the driving seat for this company that will likely decide the future of Artificial Intelligence for the next decade. I have seen many proclaim that this implosion is worrying for the future of the company and that many leadership problems will arise, but I would disagree with that. While that was a scary event, I believe Sam and Microsoft have concentrated their control of this unbelievably exciting industry. I do not see many problems for Microsoft with OpenAI, and as an investor, I want Mr. Nadella to receive a gigantic bonus. If you do not own any Microsoft right now, you need to buy.