Leaked OpenAI Docs Show Sam Altman Clearly Aware of Silencing Former Employees
Submitted 11 months ago by bot@lemmy.smeargle.fans [bot] to hackernews@lemmy.smeargle.fans
Submitted 11 months ago by bot@lemmy.smeargle.fans [bot] to hackernews@lemmy.smeargle.fans
autotldr@lemmings.world [bot] 11 months ago
This is the best summary I could come up with:
Clawing back vested equity — in short, the amount of company ownership that an employee has gained through their months or years of working there — is a highly unusual practice to begin with.
This is especially true in the startup-powered Silicon Valley, where tech workers often forgo high salaries in favor of equity agreements based on the hope that they’ll get rich later when a successful startup like OpenAI eventually goes public.
In response to the Vox report, Altman apologetically took to X-formerly-Twitter to admit that yes, “there was a provision about potential equity cancellation in our previous exit docs.”
Outside of forgery, there are only two plausible reasons for Altman’s alleged lack of knowledge: either he didn’t fully read the employment contracts he was signing or he was lying.
“For a company to threaten to claw back already-vested equity is egregious and unusual,” Chambord Benton-Hayes, a California employment law attorney, told Vox.
Meanwhile, recent departures have ground OpenAI’s “Superalignment” safety team — the ones tasked with making sure a killer AI doesn’t obliterate humankind — into dust.
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