Becoming Sam Altman: The OpenAI Story

How did Sam Altman, the CEO of OpenAI - arguably the most important company in silicon valley - get usurped overnight? OpenAI was leading the world in AI advancements, worth almost 90 billion dollars. And yet in just one chaotic weekend, saw that evaporate as almost every employee threatened to quit. It was perhaps the fastest destruction of shareholder value in history.
In the most shocking news in Silicon Valley since Steve Jobs was fired by Apple in 1985, Sam Altman was ousted by the board of OpenAI just days after its first wildly successful developer conference. And just like how Steve Jobs then started his own company before eventually making a triumphant return to Apple in 1997, Sam already had talks with investors in a new AI company, before being reinstated as the CEO of OpenAI. Only unlike Apple which took a decade to bring Steve back, OpenAI’s board took less than 24 hours to consider reversing its decision, in a wild few days that’s pitted the Silicon Valley illuminati against each other: everyone from the feuding openAI key researchers and cofounders, board members tied to effective altruism, the most powerful investors in the world with huge stakes in OpenAI, and the second biggest corporation in the world in Microsoft who has become perhaps the most aggressive player in the AI arms race. The end result has been the resignation of the very OpenAI board that initiated this whole thing… It has been called a failed coup of epic proportions.
But how did we get here, and how did OpenAI mess up so badly?

[@nogatekeepers]

Do you think the OpenAI board had a legitimate claim to push out Sam? It seems he may have actually been pushed out of being CEO of YC for his conflicts of interest...

[@JustHooking]

Where u been?

[@nogatekeepers]

@@JustHooking Taking care of the baby! New content soon though. Hopefully next week

[@chewonthisfishing]

Hello Wayne I was watching one of your videos on TAM and how most people get it wrong. I have a patented product that is very close to market. Would you be interested giving your own TAM valuation. I believe my current TAM valuation is a lot but I bet it’s not nearly high enough based on market. Anyhow I would love to hear your thoughts.

[@jessicaarthur6593]

'PromoSM' 👌