Unlike traditional tech companies, where CEOs report to a board representing investors, Altman’s setup allowed for decisions to be made without input from major shareholders. This structure played a crucial role in the sudden removal of Altman, despite his financial success for the company.
Altman, reportedly enraged by the board’s decision, has lamented the lack of control major shareholders have over OpenAI’s governance. The swift and unexpected firing raised critical questions about the company’s governance, its future trajectory, and safe AI.
