#AI #GenerativeAI #OpenAI #AIBubble #AIHype #PonziScheme: "[I]t seems like that the chaos is only escalating, not diminishing, and that these are not growing pains signaling newfound maturation, but violent spasms brought forth by a consolidation of power. Altman, who was briefly pushed out last year because the board had lost confidence in him, has been called out for manipulating his peers and for potential ethical lapses. Now, essentially, Altman alone controls OpenAI.
A competing explanation for the turmoil is that founders like Sutskever and Murati saw OpenAI becoming so powerful, drawing so near to bringing AGI (artificial general intelligence) into being that they became concerned that Altman wasn’t pumping the brakes to make sure it was safe enough. This too probably contains at least some truth—many OpenAI employees have clearly been concerned that Altman is not behaving ethically. Past departing employees, especially those on the alignment team, have cited this as their reason for quitting.
But my guess is that the core issue animating the exits is not over safety, but that consolidation of power, period. It’s been widely reported that the latest investment round will accompany a restructuring; OpenAI is at last fully ditching its nonprofit holding company and becoming a for-profit corporation. Some reports have noted that this could land Altman between $7-10 billion in equity. (He denies this.) He’s also assuming more and more direct control over the company."
https://www.bloodinthemachine.com/p/is-openai-too-big-to-fail