[HN Gopher] Sam Altman, Lately
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       Sam Altman, Lately
        
       Author : iamthirsty
       Score  : 115 points
       Date   : 2024-06-03 19:33 UTC (3 hours ago)
        
 (HTM) web link (oftheclock.com)
 (TXT) w3m dump (oftheclock.com)
        
       | stephc_int13 wrote:
       | I don't see any of the comments here, is that a bug?
        
         | asadm wrote:
         | a dead comment has the rest of 8 comments
        
         | BolexNOLA wrote:
         | HN was behaving strangely for me a little while ago
        
       | shamino wrote:
       | Paul Graham came out publicly to defend Sam, and we instantly
       | have this blog post about, wait, just a sec, let's dissect
       | actually why Sam is still evil.
       | 
       | Can we believe that Sam could actually be a good person? Today,
       | Kara Swisher in her podcast on Pivot said, "Every time I tell
       | people I actually like Sam, they become widely offended".
        
         | lkdfjlkdfjlg wrote:
         | > Can we believe that Sam could actually be a good person?
         | 
         | Depends on what good means to you. This is a person that we
         | have evidence on repeatedly using these kind of underhanded
         | techniques. Maybe he's not physically hurting anyone, but this
         | is a person I would avoid.
        
           | JumpCrisscross wrote:
           | > _these kind of underhanded techniques_
           | 
           | What in the article is underhanded? Worst case, he has
           | undisclosed conflicts of interest.
           | 
           | > _this is a person I would avoid_
           | 
           | Does Altman have a Trump-like wake of ruined careers and lost
           | riches among former allies? Everyone he's been close to seems
           | to have done well from it.
        
             | fragmede wrote:
             | > Worst case, he has undisclosed conflicts of interest.
             | 
             | Given the size of these deals, that's kind of a big deal.
             | It isn't an "oops, it slipped my mind" small little
             | conflict of interest kind of thing, imo.
        
               | JumpCrisscross wrote:
               | > _Given the size of these deals, that 's kind of a big
               | deal_
               | 
               | For investors, sure. (And the investors are more than
               | fine with Altman, warts and all.) For the public, eh.
        
             | qarl wrote:
             | Honestly, I think his shady handling of the ScarJo thing is
             | what is shifting the tide.
             | 
             | He very clearly isn't being honest there, and it's so
             | obvious that many people are starting to question
             | everything he says.
        
               | JumpCrisscross wrote:
               | It's quite a few things. I didn't find his claims of
               | ignorance around the non-competes, for example,
               | particularly compelling.
               | 
               | But all of that is quite separate from these conflicts,
               | which are entirely a matter for Altman and his investors,
               | investors who have no reason to complain about him.
        
         | JumpCrisscross wrote:
         | > _Paul Graham came out publicly to defend Sam, and we
         | instantly have this blog post about, wait, just a sec, let 's
         | dissect actually why Sam is still evil_
         | 
         | I'm not seeing good and evil in this post. It's calling Sam out
         | for not being transparent. Given he's elevated OpenAI, in
         | public testimony, to an extinction-level threat to humanity,
         | that lack of transparency is of public concern.
         | 
         | Not being transparent doesn't make him evil, doesn't mean he is
         | unlikeable and doesn't _per se_ mean he 's dishonest. (Though
         | OpenAI and he _do_ have a likeability problem, at least in
         | politics, albeit one I think they can fix.)
        
           | neilv wrote:
           | > _albeit one I think they can fix_
           | 
           | Money, a little image coaching, and have Aaron Sorkin write a
           | movie.
           | 
           | (We've seen a similar situation before.)
        
           | iamthirsty wrote:
           | That's exactly what I was going for -- the issue of
           | transparency here. It wasn't dissecting why he's "bad", it's
           | that the public statements don't match up with financial
           | realities.
           | 
           | Maybe next time I could press more about the transparency
           | factor, but I thought it was concise enough.
        
             | JumpCrisscross wrote:
             | > _public statements don't match up with financial
             | realities_
             | 
             | Has he ever plead poverty?
        
               | iamthirsty wrote:
               | Obviously not, but as I state in the article he has
               | plead:
               | 
               | > "He owns no stake in the ChatGPT developer, saying he
               | doesn't want the seductions of wealth to corrupt the safe
               | development of artificial intelligence, and makes a
               | yearly salary of just $65,000."
               | 
               | According to OpenAI themselves.
               | 
               | So he takes a "low" salary and no ownership as to,
               | according to him and the company, not influence his
               | decisions in the pursuit of financial gain -- yet that's
               | a complete omission of the whole truth.
               | 
               | I'll stop short of calling it a flat-out lie, but a
               | mischaracterization of reality for sure.
        
         | girvo wrote:
         | You're applying pretty black and white moral values to a post
         | that, at least to me, didn't read that way at all. One can like
         | Sam Altman as a person while wishing he was more transparent in
         | some of his business dealings.
        
           | Lerc wrote:
           | The post may not be at the extremes, but if the author has
           | been following the issue as closely as it seems, they must be
           | aware that there are people boldly proclaiming Sam Altman to
           | be a sociopath on a daily basis.
           | 
           | The issue has become polarized, for reasons I don't rightly
           | understand, but nevertheless this is where we have ended up.
           | 
           | To write on the topic in this environment it would be
           | advisable to be clear on what they are saying, what they have
           | an issue with, and what the appropriate remedy would be.
           | 
           | To just throw out some insinuations in a "I'm just asking
           | questions" manner doesn't in-itself condemn a person. It
           | isn't happening in isolation though. No snowflake believes
           | itself to be responsible for the avalanche.
        
             | infecto wrote:
             | Its insane how far people are willing to project on their
             | feelings towards Altman. Look at this quote in this thread.
             | 
             | "But it's worth noting that much of Sam Altman's
             | presentation is just a mask (one he puts a ton of effort
             | into and is good at maintaining), even if he's still less
             | evil than the Sacklers or a mob boss."
             | 
             | How do people even come up with this narrative?
        
         | CuriouslyC wrote:
         | People are angry about the "Open"AI debacle and he's been
         | publicly in favor of being very paternalistic and controlling
         | (likely for his material benefit as much as safety). It's fair
         | that he's taken some flak for those things, he's trying to
         | control the direction of society at large and people want a
         | say. I don't think he's evil, but I can see why people would
         | perceive him as paternalistic or even a bit patronizing.
        
         | apsec112 wrote:
         | People don't divide cleanly into "good" and "evil" buckets, and
         | CEOs in general tend to be ruthless deal -makers. But it's
         | worth noting that much of Sam Altman's presentation is just a
         | mask (one he puts a ton of effort into and is good at
         | maintaining), even if he's still less evil than the Sacklers or
         | a mob boss.
        
         | iamthirsty wrote:
         | > let's dissect actually why Sam is still evil.
         | 
         | I never said Sam is evil, nor anything close.
        
       | ricardobeat wrote:
       | I'm astounded he amassed $500+ million even before this. Loopt
       | can't have earned him more than one digit, are YC partners paid
       | _this_ well?
        
         | esafak wrote:
         | As opposed to partners in other VCs? Successful VCs make good
         | money, thanks to performance fees; say, 20% of the profit.
         | 
         | edit: I don't know the specifics of Altman's case.
        
           | JumpCrisscross wrote:
           | > _thanks to performance fees_
           | 
           | Based on public reporting, Altman's wealth came from his
           | family office piggybacking alongside YC versus his share of
           | carry in YC's funds.
        
             | brcmthrowaway wrote:
             | What does this mean for dummies? Altman family was already
             | rich?
        
               | JumpCrisscross wrote:
               | > _What does this mean for dummies?_
               | 
               | He sold Loopt for $40mm and then invested his share of
               | that into start-ups like Stripe. (That investment alone
               | should have taken him past $100mm.)
        
         | neural_thing wrote:
         | If you read the WSJ article, his second investment was $15,000
         | for 2% of Stripe
        
           | neilv wrote:
           | Nice. A tiny fraction of the opportunity cost of working as a
           | founding engineer, people come to you to be vetted, and you
           | can shotgun-approach it. Most of us are in the wrong
           | business.
        
       | gizmo wrote:
       | I'm a little bit surprised by these articles. I thought it was
       | well known (or at least an open secret) that sama is one the most
       | prolific tech investors? Yes, sure, there are conflicts of
       | interest but this is par for the course. If you make many bets
       | and startups pivot to greener pastures then inevitably you end up
       | up funding startups that compete head-on. When people take sama's
       | money they know he has a stake in 400 other startups. But sama's
       | network is also one of his great assets.
        
         | chrishare wrote:
         | He either didn't disclose key commercial dealings to the OpenAI
         | board, or purposefully concealed them. That's a big deal.
        
           | danielmarkbruce wrote:
           | Anyone not living under a rock knew who he was. If someone
           | has been investing for 10 years before taking a job, one can
           | reasonably assume they are going to have a bunch of
           | investments. It doesn't need to be 'disclosed'. What's next,
           | someone will be surprised warren buffett owns some stocks
           | outside berkshire?
        
             | chrishare wrote:
             | If you are a CEO, especially of a quasi non-profit, and you
             | start a for-profit investment vehicle as part of this
             | organisation, you should tell the board that.
        
             | ameister14 wrote:
             | There is a huge difference between 'I have private
             | investments' and 'I own a controlling interest in a fund I
             | have been telling you is independent'
        
       | vasco wrote:
       | > He owns no stake in the ChatGPT developer, saying he doesn't
       | want the seductions of wealth to corrupt the safe development of
       | artificial intelligence, and makes a yearly salary of just
       | $65,000.
       | 
       | > "A growing number of Altman's startups do business with OpenAI
       | itself, either as customers or major business partners. The
       | arrangement puts Altman on both sides of deals, creating a
       | mounting list of potential conflicts in which he could personally
       | benefit from OpenAI's work."
       | 
       | If nothing else this idea that a person that is positioned to
       | lead such a company is willing to do it for just $65k for
       | altruistic reasons, backfired. Clearly the person has many
       | incentives to go find profits somewhere else.
       | 
       | edit: added second quote to clarify
        
         | wslh wrote:
         | Altruism?
        
           | JumpCrisscross wrote:
           | Altman isn't an Effective Altruist.
        
         | m3kw9 wrote:
         | I'm struggling to understand what backfired
        
           | chrishare wrote:
           | He's saying the attempt to virtue signal, via the low salary,
           | is invalidated by these deals. The virtues would be mostly
           | altruism I guess, that the AGI mission was important enough
           | to humanity for him to sacrifice opportunities to build
           | personal wealth and so on. I think that's overblown
           | personally, but certainly Altman would often repeat the line
           | about having low salary and no equity.
        
         | iamthirsty wrote:
         | > If nothing else this idea that a person that is positioned to
         | lead such a company is willing to do it for just $65k for
         | altruistic reasons, backfired.
         | 
         | In my first draft "backfired" is the exact word I used too but
         | thought it would come off as too targeted language against Sam,
         | so I changed it.
        
       | stephc_int13 wrote:
       | The cat is out of the bag now, and the Toyota Corolla trick was
       | evented, but I think he could have used it, or a less Miami-esque
       | version of it.
       | 
       | Like the other Sam, his bank account has not been inflating by
       | accident, and him insisting that he is not that much interested
       | by money should be taken, at least, with a reasonably sized pinch
       | of salt.
        
       | ajross wrote:
       | So... not entirely joking: at what point do we declare that
       | "OpenAI" the non-profit was basically a scam? It's clear it isn't
       | now what it originally presented itself to be, and it's
       | increasingly looking like it was never meant to be. The public-
       | face of an open non-profit was, what, just a recruiting tool to
       | be able to hire folks who otherwise wouldn't want to leave
       | academia?
        
       | eigenvalue wrote:
       | It really seems like criticizing Sam is the new hot thing to do,
       | with tons of people jumping on the bandwagon. Whether it's hiring
       | a voice actor who sounds like ScarJo, having non-disparagement
       | clauses in separation agreements (something basically all big
       | companies and institutions tend to do), being associated with a
       | crypto project (Worldcoin), "lying" to OpenAI board members, etc.
       | No one is perfect, and when you are put under a microscope, just
       | about anyone can look bad in the wrong light.
       | 
       | Ultimately, I ask myself, is my life better because Sam was born
       | and did what he did? And the answer is 1,000 times "yes!" because
       | the introduction of ChatGPT changed so much and enabled so much
       | creation and learning for me personally. And I have a strong
       | suspicion that if the Helen Toners of the world had their way, it
       | never would have been released at all. And without all that money
       | and prestige floating around OpenAI, I doubt they would have been
       | able to create such a dream team that allowed the thing to happen
       | in the first place. And I think all of that comes down at least
       | in large part to Sam's vision and scrappiness and willingness to
       | just do stuff and not get stuck in institutional morass.
        
         | chrishare wrote:
         | Tech loves drama just like anyone else, haha. But this recent
         | pattern of drama that follows Altman is of his own making,
         | although perhaps he is under more scrutiny than most,
         | reflecting OpenAIs importance in our industry.
        
         | artwr wrote:
         | > It really seems like criticizing Sam is the new hot thing to
         | do, with tons of people jumping on the bandwagon. Whether it's
         | hiring a voice actor who sounds like ScarJo, having non-
         | disparagement clauses in separation agreements (something
         | basically all big companies and institutions tend to do), being
         | associated with a crypto project (Worldcoin), "lying" to OpenAI
         | board members, etc. No one is perfect, and when you are put
         | under a microscope, just about anyone can look bad in the wrong
         | light.
         | 
         | True, but it's hard to start something as big as OpenAI and not
         | warrant a little scrutiny. At least, I think there is plenty of
         | public interest here, in particular because of the chosen
         | mission statement for the company.
         | 
         | > Ultimately, I ask myself, is my life better because Sam was
         | born and did what he did? And the answer is 1,000 times "yes!"
         | because the introduction of ChatGPT changed so much and enabled
         | so much creation and learning for me personally.
         | 
         | Which is a very reasonable position, but is the fact that your
         | life is better negate concerns that applications of ChatGPT may
         | actually make other people's lives worse? And that the lack of
         | transparency around conflicts of interest raises reasonable
         | concerns about both judgement and the ability of the
         | organization to deliver on its mission?
        
           | eigenvalue wrote:
           | That's just it-- I really don't think ChatGPT and Sam have
           | harmed anyone besides possibly a very few people who
           | disagreed with Sam and tried to resist him and got
           | outmaneuvered by him. But I think many tens of millions of
           | people have greatly benefitted from him. And to ignore that
           | in the calculus of "is Sam worth of reproach?" seems silly.
           | 
           | And I also don't feel like I am somehow owed a huge amount of
           | transparency around the exact details of how Sam may or may
           | not benefit financially from his association with OpenAI, or
           | the legal agreements they had with departing staff. Even if
           | he does benefit, is that really so horrible? They have a for-
           | profit division now so they are paying taxes. And the
           | fortunes made from OpenAI stock with be taxed for sure. And
           | the people who left are rich and got to work on a world
           | changing product.
           | 
           | Where is all the harm? It's really hard to point at any real
           | harm from my standpoint. But the benefits and gains are
           | palpable, and they are obvious to anyone without an agenda to
           | push or axe to grind.
        
       | danielmarkbruce wrote:
       | Unpopular but true: if you don't have conflicts of interest, you
       | aren't really in the game. I don't know any serious business
       | person who doesn't have conflicts. Some manage them as honestly
       | and fairly as possible, others not so much.
       | 
       | Having conflicts doesn't make someone bad.
        
         | iamthirsty wrote:
         | It's not even _specifically_ about the conflicts of interest --
         | although that isn't great -- it's about the obfuscation of that
         | information, and the direct contradiction with public
         | statements and 'mission goals'.
        
         | tanseydavid wrote:
         | >> Having conflicts doesn't make someone bad.
         | 
         | What if someone is willful opaque about their conflicts?
        
       | ml-anon wrote:
       | Paul Graham comes off as such a gormless chump.
       | 
       | Trying to hand wave away a 10M stake in OpenAI taken when they
       | were valued at <1Bn and then trying to weasel out by saying
       | profit is capped. Why yes it is Paul, at 100x initially with the
       | cap raising by 20% a year. And _then_ trying to claim that the
       | PPUs aren't liquid despite regular liquidity events being the
       | entire reason we know OpenAIs current valuation.
       | 
       | Didn't think I'd see the founder of YC try the "I'm a moron who
       | doesn't understand how investments work" defense.
        
       | iamthirsty wrote:
       | The author here, just want to clarify:
       | 
       | The post is not a "hit-piece" on Sam, nor am I calling him a bad
       | person or anything of the like.
       | 
       | It's a discussion of the direct contradiction between publicly
       | stating someone is without financial biases and the hard facts of
       | clear financial entanglements.
       | 
       | I'm happy to hear any criticism on how I could've written it
       | better to explain my position! :)
        
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