Elizabeth Lopatto
Taylor says the reason OpenAI Foundation has been able to do more work is the recapitalization.
Having the ability to sell their equity let them finance their activities, such as AI research into Alzheimer’s research.
Elizabeth Lopatto
Senior Reporter
Senior Reporter
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Elizabeth Lopatto
Bret Taylor is back on the stand.
He is now testifying about Musk’s attempt to buy OpenAI using xAI, which happened after this lawsuit was filed. “I was surprised” by it, Taylor says. “Ostensibly this lawsuit is about our nonprofit purpose and mission adn this proposal was to acquire this nonprofit by a group of for-profit investors, which felt contradictory to the spirit of this lawsuit.” The OpenAI Foundation board rejected the bid because they didn’t feel it was appropriate for one person to control the mission
Elizabeth Lopatto
We’ve talked about how this case isn’t just for whatever happens in the court...
But also about some light character assassination. It looks like Musk now has a broader strategy to try to make Altman a liability to OpenAI.
Sam Altman’s Business Dealings Under GOP Scrutiny Ahead of OpenAI’s IPO
[The Wall Street Journal]
Elizabeth Lopatto
Bret Taylor has been asked to slow down twice.
He has not managed to do this at all. He is speaking rapidly, in a monotone.
Elizabeth Lopatto
“OpenAI is decidedly not profitable,” Taylor said.
“We’re decidedly not cash-flow-positive today.” The company has not generated any profits to date.
Elizabeth Lopatto
There’s “a lot of tension” between LLMs and what Taylor calls “content companies”...
Because LLMs keep stealing people’s work, lol. Anyway he was talking about the OpenAI deal with Reddit, which was done to avoid litigation.
Elizabeth Lopatto
Plantiff rests. OpenAI calls its first witness, Bret Taylor of OpenAI Foundation.
He is in a gray suit and gray tie. I am expecting more pleated khaki pants testimony. He was also the chair of Twitter’s board when it was acquired by Musk.
Elizabeth Lopatto
Ilya Sutskever says he was uncomfortable with Musk’s large ownership demand.
Also, Musk gave no guarantee his proposed control of the board would diminish over time. “I found it to be aggressive because I knew that Mr Musk had many other obligations in many other companies that the was running that were much larger than OpenAI,” he said. He also didn’t like the proposal that Tesla take over OpenAI. “It would be on some level, it would be like, it would kill a dream,” he said. “When one starts a company, one has dreams for a company to flourish and do different things, and in general being absorbed into another company means to give up that dream.”
Elizabeth Lopatto
Sutskever’s testimony is kind of a snooze so far.
We are now at “the blip” again. The board chose “not consistently candid” carefully, he says. Sutskever said he prepared a document of incidents with Altman, with some other people at OpenAI. Altman has a pattern of lying and pitting executives against each other, “this leads to tremendous loss of productivity,” trust, and difficulty creating safe AGI.
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