OpenAI Chaos Continues as Most of Staff Threatens to Quit
Nov 21, 2023
26:32
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The podcast discusses the drama at OpenAI with employees threatening to quit if the ex CEO isn't reinstated. It also explores the debate between doomers and tech optimists in AI development, dollarization in Argentina, a clay shortage in movie productions, and the fate of turkeys pardoned by the president.
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Quick takeaways
OpenAI employees are threatening to quit if ex CEO Sam Altman is not reinstated, highlighting the power struggle between employees and board members.
The resignation of Cruz CEO Kyle Vogt is a setback for GM's autonomous driving car unit, impacting their revenue generation and eroding public trust in the industry.
Deep dives
OpenAI Mutiny and Microsoft Deal
OpenAI employees have staged a virtual mutiny after ex CEO Sam Altman and President Greg Brockman were hired by Microsoft, signing a letter calling for the board to resign and for Altman and Brockman to be reinstated. The Microsoft deal may not be a done deal, as Altman and Brockman would reportedly be happy to go back to OpenAI if the board meets their demands. The battle between tech optimists and AI doomers is playing out in this struggle between employees and board members.
Resignation of CEO at Cruz
Kyle Vogt has resigned as CEO of Cruz, the autonomous driving car unit of GM, following a series of setbacks, including a suspension of permits in California. The move is a setback for GM, which bought Cruz for $1.1 billion in hopes of generating significant revenue. The autonomous vehicle industry as a whole has faced challenges, and the incident involving a pedestrian being injured further erodes public trust.
Argentina's Dollarization Plan
Argentina's President-elect Javier Mille has proposed dollarization as a solution to the country's hyperinflation. Dollarization involves adopting the US dollar as the local currency to curb inflation by stripping the central bank's power to print money. However, implementation would be a major financial challenge for Argentina, given the need for sufficient dollar reserves and the country's existing financial difficulties. Critics argue that dollarization would mean sacrificing monetary sovereignty and relying on the US Federal Reserve for decision-making.
Episode 196: Neal and Toby discuss the latest drama surrounding Sam Altman's departure from OpenAI and why employees are threatening to leave the AI giant if he isn't reinstated as CEO. Plus why the Cruise CEO stepped down and what are the benefits of Argentina adopting the dollar? Toby shares his favorite trends and a clay shortage may be impacting movie productions. And finally, where the Turkeys that are pardoned end up.