Should You Create a "Board of Directors"? An Open AI/Chat GPT Case Study (SB1527)

The Stacking Benjamins Show

Joe Saul-Sehy and Josh ‘OG’ Bannerman, CFP

Education, Business, Money, Investing, Financial Planning, Cfp, Personal Finance, Retirement

4.4 • 2K Ratings

🗓️ 5 June 2024

⏱️ 60 minutes

🔗️ Recording | iTunes | RSS

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Summary

Open AI recently survived a brutal firing/rehiring of their CEO and a complete board resignation. In the past, we've heard extensively from Sam Altman, the CEO of Open AI, but we haven't heard from the board. Today we use the words of a board member who's speaking openly for the first time to ponder the question, "Should YOU have a board of directors for your personal financial life?" We parse the words "board of directors" to determine what that really means, and we dive into how these relationships truly work. Should we except "hostile" advice from strangers? Should we consider our friends to be on our board casually? We explore all of these options and more on today's extended Wednesday headline discussion! Of course, we feature a TikTok minute that you won't want to miss as one young woman discovers the true trap that taxes are on your ability to build wealth. Doug also supplies his amazing trivia, and of course, we also answer a call for help from a Stacker who thought, "I'd better call Saul...Sehy and OG." FULL SHOW NOTES: https://stackingbenjamins.com/create-your-board-of-directors-1527 Deeper dives with curated links, topics, and discussions are in our newsletter, The 201, available at https://www.stackingbenjamins.com/201 Enjoy! Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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