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Published · transcript-backed

Sam Altman: belief

18 Mar 2024 Lex Fridman Podcast #419 – Sam Altman: OpenAI, GPT-5, Sora, Board Saga, Elon Musk, Ilya, Power & AGI

“In this case, and I think one of the things with our structure that we maybe should have thought about more than we did is that the board of a nonprofit has, unless you put other rules in place, quite a lot of power.”

— Sam Altman

Source trail

Everything needed to verify it.

Speaker
Sam Altman
Attribution
Verified speaker
Claim type
belief
Recorded
18 Mar 2024
Publisher
Lex Fridman Podcast

Transcript context

…Do you think the board had too much power? I think boards are supposed to have a lot of power, but one of the things that we did see is in most corporate structures, boards are usually answerable to shareholders. Sometimes people have super voting shares or whatever. In this case, and I think one of the things with our structure that we maybe should have thought about more than we did is that the board of a nonprofit has, unless you put other rules in place, quite a lot of power. They don’t really answer to anyone but themselves. And there’s ways in which that’s good, but what we’d really like is for the board of OpenAI to answer to the world as a whole, as much as that’s a practical thing. So there’s a new board announced.…

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