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TechCheck

Openai open questions 11/22/23

TechCheck

CNBC

Management, Cnbc, Tech, Faang, Investing, Business, Disruptors, Technology

4.566 Ratings

🗓️ 22 November 2023

⏱️ 13 minutes

🧾️ Download transcript

Summary

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Transcript

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0:00.0

Sam Altman back as CEO of Open AI just days after the board fired him.

0:07.0

Who came out on top? What questions remain and what it might mean for the public companies involved.

0:13.0

It is Wednesday, November 22nd, Thanksgiving, Eve, and welcome to the Tech Check

0:19.1

podcast.

0:20.1

I'm Deerejubosa.

0:21.4

And I'm Mark Gilbert.

0:22.4

The more things change the more they stay the same. A

0:26.0

boardroom coup where the CEO actually returned. It's like Steve Jobs at Apple but

0:32.0

condensed into four days.

0:34.4

Sam Altman, back as CEO, the board replaced,

0:37.6

Microsoft's position remains intact.

0:40.0

D, I think the big questions now is who came out on top.

0:44.0

Yeah, and the short answer there is that we still really don't know.

0:48.8

It's amazing how much has happened over the last five days and still how little we know. But I think we can say at least that

0:56.4

Microsoft so far has come out on top. Everyone else is sort of a question mark. Open AI can

1:02.1

continue to operate as Microsoft's research lab.

1:05.0

Microsoft doesn't have to take on that reputational and executional risk that we talked about over the last few days mark.

1:11.0

Doesn't have a board seat either, but even that could be a win. Does it want one? This has been a mess. And, you know, whatever happens in the future, you know, I think at least we can say that Microsoft wants to remain in arm's length away

1:27.6

because it feels like in a lot of ways we're back to square one.

1:30.7

Sam Altman, Greg Brockman, they're back at Open AI, there is no mass exodus, but, and I can't emphasize this enough, the company,

1:38.1

no we can't call it a company.

1:39.2

The organization remains a nonprofit with a mission to serve humanity.

...

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