That’s what a personality cult gets you. The amount of idiots willing to die for another man’s ego is why we have some of the shittiest things in society. “Daddy told me so” is a powerful force when the people who believe it cannot see that their vision has absolutely no rational support. Jobs, Musk, Gates, Trump, they all thrive by telling people that their irrational beliefs are true and if they follow them they will make their dreams realities. The talk and narrative around Altman has always struck me similar to Musk’s cult of personality in the late 2010s.
This is tech, they have no protections. I bet there’s some clause with a time lock that they can only sell the stock in 10 years time and they lose them if they leave OpenAI before that time window for any reason. In 5 years or before they’ll get hit by some mass layoffs and lose everything. This has happened so many times before with so many companies that it is laughable. Stock options in tech are a fairy tale.
The company gave the companies a large amount of equity. That was the work of Sam Altman. The employees are voting their wallet my sticking up for him.
That was some classic business pressure tactics. The sort of thing a massive multinational corporation would have a lot of experience in. The sort of thing a massive multinational corporation suddenly blindsided by this with a lot of financial interest in the situation would be interested in doing…while at the same time mitigating risk by trying to pull those same employees into the parent company if things don’t go their way.
Edit: Now that I think about it, they also managed to get the vast majority of employees to ‘join together’ on the issue making it (psychologically) easier for them to ‘join together’ in choosing where to jump ship to. Maybe I’m just paranoid, but it’s just a really clever move on Microsoft’s part.
That’s why I was so confused that all the workers stood behind the CEO and threatened to go to Microsoft.
My guess is that they want the company to grow fast so that their salaries and stock options grow as well.
That’s what a personality cult gets you. The amount of idiots willing to die for another man’s ego is why we have some of the shittiest things in society. “Daddy told me so” is a powerful force when the people who believe it cannot see that their vision has absolutely no rational support. Jobs, Musk, Gates, Trump, they all thrive by telling people that their irrational beliefs are true and if they follow them they will make their dreams realities. The talk and narrative around Altman has always struck me similar to Musk’s cult of personality in the late 2010s.
Stock options help. If they make enough off of OpenAI, they won’t need to find a job after this.
This is tech, they have no protections. I bet there’s some clause with a time lock that they can only sell the stock in 10 years time and they lose them if they leave OpenAI before that time window for any reason. In 5 years or before they’ll get hit by some mass layoffs and lose everything. This has happened so many times before with so many companies that it is laughable. Stock options in tech are a fairy tale.
Especially in a company that’s a non-profit, lmao.
Sheep gonna sheep.
U.S. Military has entered the chat
The company gave the companies a large amount of equity. That was the work of Sam Altman. The employees are voting their wallet my sticking up for him.
That was some classic business pressure tactics. The sort of thing a massive multinational corporation would have a lot of experience in. The sort of thing a massive multinational corporation suddenly blindsided by this with a lot of financial interest in the situation would be interested in doing…while at the same time mitigating risk by trying to pull those same employees into the parent company if things don’t go their way.
Edit: Now that I think about it, they also managed to get the vast majority of employees to ‘join together’ on the issue making it (psychologically) easier for them to ‘join together’ in choosing where to jump ship to. Maybe I’m just paranoid, but it’s just a really clever move on Microsoft’s part.
Using a playbook isn’t clever, writing it was.