Presentations by media jokes

It happens at times. Whilst we think that corporations are playing us, we are all being played by the media. The media and corporations hand in hand deceiving us all for a simple percentage. That is the feeling I have had for plenty of times, but this one (my speculated view) is just too opportune to ignore. So lets show you what I have and you can decide for yourself.

Part one
The first part is the story we have seen over the last 2-3 days. This version (at https://www.forbes.com/sites/alexkonrad/2023/11/20/sam-altman-will-not-return-as-ceo-of-openai/) is used as the other version I wanted to use (AFR) is behind a paywall. We see here ‘Sam Altman Will Not Return As CEO Of OpenAI’ with the added text “Supporters of Altman led by Microsoft and including investors and key employees had pressured OpenAI’s board of directors to take back Altman, or face the widespread resignation of OpenAI’s researchers and withdrawal of Microsoft’s support”. At this point three questions come to mind but I will hold off until a little later, it makes things a lot more clear. As such we see one corporation ‘cleaning’ its management setting, but ponder on those settings a little longer

Part two
The second part came hours later, but now we have a very strong defining place with ‘Microsoft hires former OpenAI CEO Sam Altman’ (at https://www.theguardian.com/technology/2023/nov/20/sam-altman-openai-ceo-wont-return-chatgpt-talks-fail-emmett-shear-twitch) with the added “Microsoft has hired Sam Altman as head of a new advanced artificial intelligence team after attempts to reinstate him as chief executive of OpenAI failed.” At this point a few questions should emerge, but we are about to go into that part. 

Part three
This comes when we consider “At the end of a dramatic weekend of boardroom drama, the non-profit board of the San Francisco-based OpenAI has installed Emmett Shear, the co-founder of video streaming site Twitch, as the company’s third CEO in three days”

Part four
The questions that should come to mind are

1. OpenAI is ruffle feathers when it is on a high in several directions?
2. Sam Altman doesn’t have a non-compete clause?
3. So, who is Emmett Shear, what is his expertise in presumed AI?

These three questions should have been on the mind of ALL media. OpenAI is on a high note on a hyped route towards whatever they present. But none of them did, I checked a dozen articles, they ALL overlooked issues here, so when does the media ‘overlook’ issues? We see all the emotional articles about staff resigning, about ‘demands’ in a stage where they (for now) have the upper hand. Oh and on a sideline, when you have such hyped IP, which corporation was the last place that had non-compete clauses in play, especially for players this size? 

That is beside the point on WHO became the replacement.

Part five
This is the kicker, this is the coup-de-grace of the entire equation. It is seen with Microsoft hiring Sam Altman. Microsoft now has a larger stake in a solution they wanted all along and through this media drama, they now get it a lot cheaper. So when would any player, in this case OpenAI shoot itself in the foot to this degree? We see now that ‘Weekend of OpenAI drama ends in a Microsoft coup’, ‘Microsoft Emerges as the Winner in OpenAI Chaos’ and ‘OpenAI’s leadership moves to Microsoft, propelling its stock up’, yes presentations by the media. The media used as the bitch of Microsoft and it is shown through questions that were clearly out in the open. Microsoft stock up and OpenAI becomes part of Microsoft for billions less. One could say (and I would not disagree) that this was a lovely play to reduce billions in tax payments and the media let it happen. All solutions that were clearly on the papers where ever you looked when you decided to seek for the right answers. As I personally see it, the media is simply the bitch of corporations and they all let it happen, all pushing the tax offices down the river in a canoe without a paddle. Well played Microsoft.

So consider what played over a weekend, consider what any corporation would do to protect its multi billion dollar value. I think that OpenAI was part of this stage from the very beginning, but that is my speculated view.

Enjoy your Monday, it’s Tuesday here.