Open AI's New STATEMENT Changes EVERYTHING! (NEW UPDATE!)

So, in a shocking turn of events, this is some information that nobody could have expected. According to recent sources, Sam Altman could be coming back to OpenAI. So let's get into all the recent developments and every relevant piece of information that you need to know to stay up to date with this rapidly unwinding situation. So essentially, the news broke yesterday when the Verge released this article. Now, there has been a lot more information since then, so we're going to also cover that too, but it basically said that the OpenAI board was in discussions with Sam Altman to return as the CEO. Now, of course, if you didn't know, of course, pretty much everyone knows at this point that Sam Altman was fried on Friday and essentially he was fired out of seemingly nowhere. This was a snap decision. So essentially the update that everyone wanted and was intrigued about was a source close to Sam Altman says that the board had agreed in principle to resign and allow Altman and Brockman to return, but has since waffled missing a key deadline by which many OpenAI staffers were set to resign. If Altman decides to leave and start a new company, those staffers would assuredly go with him. So essentially what happened here was Altman was going to return, but there were some certain agreements that needed to be made. And of course, in addition, with Sam Altman and Greg Brockman to return, they actually set a deadline by which, if those terms weren't met, it's clear that many of the OpenAI staffers were was set to resign. Now, later on in the video, I'm going to go into some key points because I see a lot of people on Twitter and in a lot of discussions missing some key key points that really change how you're going to view the situation. So right now it's Sunday night, but I can guarantee by Monday morning there's likely to be some kind of update. This is because as you know, we are currently on the weekend and in the tech world, things don't move as quickly on the weekend. So we should have that update by tomorrow. And there are a few tweets and a few likes and a few comments that you do need to see. So Sam Altman tweeted this. Love the OpenAI team so much. Now, if you don't know what this tweet is referring to, it's referring to the fact that essentially the Entire team at OpenAI or many of the most important members decided to leave in solidarity with Sam Altman or essentially basically said that when Sam Altman starts his new company or his new venture. We're going to go with him now. What's also interesting was that we also saw A Love Heart posted by Mira Marathi, who which is the CTO of OpenAI and was supposed to be the interim CEO, the CEO that would be stepping in from Sam Altman. This interaction between them both, interestingly enough, shows us that these two are likely on good terms. Now what's also interesting, and of course this is additional speculation, Greg Brockman also posted A Love Heart to Sam Altman and he also did the same to Mira Marathi. But what was also interestingly enough was, was that Ilya Sutskova didn't actually tweet anything in regards to Sam Altman. He hasn't liked anything, there hasn't been any media posts, he hasn't replied to anyone or made any statements, which is far different from many of the other people at OpenAI. Which begs the question, did Ilya Satsova fail in his coup attempt, which it seems like he did. And now of course this begs the question, with Ilya Sutskeva seemingly in a position where it's going to be pretty awkward for him to continue working at the company, are they going to be able to resolve their differences and move forward together in OpenAI, considering that it doesn't seem like Ilya Sutskever wanted Sam Altman to remain at OpenAI. So you can see here that the OpenAI board was urged by Microsoft and investors to restore Altman. And you can also see that it says that the board has considered resigning but they haven't made a final decision and that Altman has been weighing on a new venture but open to returning now. As you know, Microsoft invested around 10 billion billion into OpenAI to help them train their models and to help them produce their large language models. So it says that as a part of the effort to reinstate the CEO, investors are also pressing for the replacement of the current board. The people said the directors have considered stepping down, though they're currently balking at such a move. The people said the situation is fluid and the final plans have not been set if the board steps down. Investors are reviewing a list of possible new directors and one of the contenders is Brett Taylor, the former co CEO of Salesforce Inc. Now you might be thinking, why would Brett Taylor be qualified to be the new director of OpenAI if he was previously at Salesforce? But Taylor actually left Salesforce as the CEO to launch a new AI startup. In addition to him starting this AI startup, what was also interesting about this possible new director's resume was that not Only was he the co CEO of Salesforce alongside Marc Benioff. He also served as the board chairman of Twitter of the most high profile corporate takeovers in Silicon Valley history. So what's also interesting was that they said Thrive, which is a US based VC firm which was expected to lead a tender offer for employee shares, has not yet wired the money and made it clear to OpenAI that Altman's departure will affect its actions. So Thrive is the largest OpenAI investor aside from Microsoft, and they are working to reinstate both Altman and Greg Brockman. So it's clear that the outside capital and the outside investors are having a really large impact on how much is being done here. It's really clear that Sam Altman is a major part of OpenAI. And with all of these investment firms stating that, look, if Sam Altman leaves, we know that the value of OpenAI is going to drop severely and this will change our actions. It's quite like they're basically saying that, look, if Sam Altman's out, we might be out too. Now what is very interesting and a key part here is, is that Altman is open to returning to the company. And some of the people said that this is of course good news, but they also said that if he's going to return, he's most likely going to ask for changes in the way that the company is governed. Now this does make 100% sense. I don't think Sam Altman, if he returns, wants to be in a position where he could potentially get kicked out again or there could be another couple or hostile takeover that leaves him without the company. Because of course, as you know, this is pretty much his life's work, according to some, and this is something that they've worked on for the past eight years together. Now I do also think that Sam Altman returning to the company and changing the way that the company is governed is likely the reason why we are waiting for an update even now. This is because if there are going to be some changes likely, what's going to happen is, is they're likely going to draw up some contracts and I'm pretty sure that they're going to have their lawyers look at these contracts and ensure that the way the company, OpenAI is governed now that they're going to be going over that document with a fine comb and ensuring that there aren't any loopholes that can kick Sam Altman out and there aren't any other loopholes that gives him too much power. What's also a piece of news that was relevant to this was was that the CEO Satya Nadella has been in touch with Altman and actually pledged to support him in whatever steps he takes next. So that also introduces something interesting because it says that he's pledged to support him in whatever steps he takes next. Which does mean that that could include the fact that if Sam Altman starts another company, Satya Nadella could be backing him as well. Now, these investment firms declined to comment on any statements. But what is going to be interesting was reason that Sam Altman did leave was kicked out. So if you remember in the previous video we talked about how three high level OpenAI researchers have quit, one thing that we did forget to mention was the deep dive into the exact researchers that quit. So if we take a look at the names of the three researchers, we have Jakub Pakochi, which is the director of research at OpenAI and has been there for six years, which is definitely an integral part to the company. Then what is the most interesting thing thing was that we have Alexandra Madri. Now, the reason this was very interesting is because Alexandra Madri departing with Sam Altman leads us to a new conclusion. And this is because of Alexandra Madri's role. So Alexandra Madri's role is the head of preparedness at OpenAI. And recently OpenAI posted this blog post which was Frontier Risk and Preparedness to support the safety of highly capable AI systems. We're developing our approach to catastrophic risk preparedness, including a preparedness team and launching a challenge. Now, this is what I'm saying, okay? If it was that OpenAI decided to kick out Sam Altman because they thought that he was moving too fast, then why would the lead of the OpenAI preparedness team, Alexandra Madri, leave OpenAI if this was the case? The preparedness team is the team that is focused on making sure that AGI is safe. And they are going to track, evaluate, forecast and protect against catastrophic risks. So why would the team led by Alexandra Madri, the guy who's leading the safety team, leave with Sam Altman if they felt that Sam Altman was pushing forward too fast? That wouldn't be the case at all. So it's clear that there was another reason for Sam Altman being ousted from the company. And it's clear that safety was was most likely not the top concern. Now here's the thing that many people are thinking and debating is that is Sam Altman going to return? I do think, like I said before, that Sam Altman and Greg Brockman are likely to return to the company. But I don't know how this is going to play out because right now it's clear from us that Sam Altman has all of the leverage with the fact that he basically has not only the backing of Microsoft, but the backing of the key employees and key members that created OpenAI. Now we have this tweet which is actually quite interesting. It said that if Sam returns and Ilya leaves, it's still bad for OpenAI. Ilya is a genius researcher and it would be a huge loss, but I don't think that they would be able to work together after what happened. It's been a long time since my co founder backstabbed me with a surprise board and I don't think I will ever want to see him around. That is a very true point. If someone did backstab you and did try to stage a coup in your company, it's very unlikely that you're going to be able to foster a positive workplace environment. I think the big question that we're now being asked is will Sam Altman return? I think it's safe to say that Sam Altman will return, but it's definitely going to be on his conditions because he has the backing of Microsoft, the key employees in the company. And we know that without Sam Altman and the key employees in the company, it's only going to be a matter of time before brain drain starts to happen to the company. And with key members leaving, key investment firms leaving, it seems like a slow death for the once top company. So it seems like within the next 24 hours, maybe by Monday, maybe by Tuesday, when everything is drawn up, maybe when contracts are signed, when Sam Altman decides to return to the company, we're going to see exactly where this story heads because what's clear is that the story isn't over by any means. And as I was rendering this video, we actually had a statement from from Andrej Karpathy, which is someone who is the previous director of AI at Tesla and is building a kind of Jarvis AI at OpenAI. Someone tweeted. Silence is interesting. Andrej Karpathy is one of my favorites out of everyone at OpenAI, followed by Greg Brockman. But I wonder why he still didn't comment on current events. He says that I don't have anything too remarkable to add right now. I like and respect Sam and I think so does the majority of OpenAI. The board had a chance to explain their drastic actions and they didn't take it. So there is nothing to go on except exactly what it looks like it was clear from that statement that they were blindsided by this decision, and right now it's simply a waiting game. So overall, within the next 24 hours, it's likely that we're going to have an update on Monday. But I hope it's not another twist and turn, because this is something that has been pretty shocking, and I'm guessing that everyone was surprised by how strong Sam Altman's pull is at OpenAI. And I'm going to leave you with a comment from Sam Altman that actually somewhat forecasts the catastrophic things that can happen when you're in a company. And it also does remind me of the movie the Social Network when Mark Zuckerberg took over the company.

The most underrated quality of all is being really determined. This is more important than being smart. This is more important than having a network. This is more important than a great idea. The hardest thing about starting a company.

Is.

The level and the frequency of bad stuff that happens to you. And most people that are good in really other ways eventually just get killed. The company gets killed by stuff going wrong. And so much about being a successful entrepreneur is just not giving up. When we have funded people who have a great idea, perfect background on paper.

And.

A great product and still failed, it has usually been that they're insufficiently determined. So I think this is the most important non obvious skill of a founder. Of course you need a good product and a good market and to be smart, but that's really obvious. The degree to which being like a three or four standard deviation outlier on determination is a required skill of a CEO is not something that was obvious to me when I started.