Not transparent? OpenAI removes CEO Sam Altman from his position, effective immediately!

The board of directors at OpenAI announced that Sam Altman will step down as CEO and leave the board. The company's CTO, Mira Murati, will serve as interim CEO until a suitable permanent replacement is found. The decision is effective immediately.

OpenAI Board Removes Altman from Position, Effective Immediately

The company's announcement stated that Altman's departure was the result of board deliberations, as he was not forthcoming in his communications with the board, hindering the board's ability to fulfill its duties.

The board no longer has confidence in Altman's leadership of OpenAI. New leadership is deemed necessary as we move forward.

Mira Murati, the Chief Technology Officer, will serve as interim CEO until a suitable permanent candidate is found.

Altman Confirms Departure, Future Plans to Be Announced Soon

Altman also confirmed this news on Twitter, stating:

I've loved my time at OpenAI. It's been transformative for me personally and hopefully for the world too. Most of all, I've loved working with these incredibly talented people.

He mentioned that he will share some future plans soon. It seems Altman has his own plans in motion!

i loved my time at openai. it was transformative for me personally, and hopefully the world a little bit. most of all i loved working with such talented people.

will have more to say about what’s next later.

🫡

— Sam Altman (@sama) November 17, 2023

Worldcoin Sees Short-Term Decline of 11%

Altman was named one of Time Magazine's "100 Most Influential People in AI" for 2023. Time Magazine believes that iterations like ChatGPT prove Sam Altman's ideas are currently correct, as humans can quickly adapt to these tools without self-destructing, and GPT-4 is the most powerful large language model in history. Altman is classified as a leader.

He is also a co-founder of Tools for Humanity, a company behind the Worldcoin global crypto project. By using retinal scans to create unique hash values, more people can access cryptocurrencies. However, there is strong resistance, with some seeing it as a privacy violation.

Following the announcement, Worldcoin's WLD dropped by 11% in the short term, now trading at $1.96.