This chapter discusses the recent decision made by OpenAI and the implications it has on the company. It explores the confusion surrounding OpenAI's move and the consequences it has generated, including employee dissatisfaction and management changes. The conversation also touches on the possibility of the CEO, Sam, finding a new position and how this situation resembles past significant shifts in the tech industry.
Bloomberg Technology Co-Host Ed Ludlow, Bloomberg News AI Reporter Rachel Metz and Crawford Del Prete, President at International Data Corp break down the news of the firing of OpenAI CEO Sam Altman and the evolving drama for the company and the tech industry. Laurence Kotlikoff, Professor of Economics at Boston University, discusses his book Social Security Horror Stories: Protect Yourself from the System -- and Avoid Clawbacks. Leslie Falconio, Head of Taxable Fixed Income Strategy at UBS, shares details from the financial firm's Year Ahead Report. And we Drive to the Close with Greg Halter, Director of Research at Carnegie Investment Counsel.
Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan.
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