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HomeBusinessLarry Summers Joins Open AI Board as Sam Altan Returns as CEO

Larry Summers Joins Open AI Board as Sam Altan Returns as CEO

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Wikimedia World Economic Forum from Cologny, Switzerland

Former Obama and Clinton official economist Larry Summers will be joining the new, redesigned OpenAI board, while the business is welcoming back CEO Sam Altman, who was fired by the previous board a few days ago.

Summers has stated in the open that he thinks AI will displace jobs in the United States in 50 to 100 years and that the country needs to stay competitive in the field to compete with geopolitical adversaries like China. Additionally, he predicted that ChatGPT, OpenAI’s popular AI-powered chatbot, would “[come] for the cognitive class”—that is, make higher-skilled employment obsolete first—comparing it to the printing press and electricity.

In a post on X. Open AI said, “We have reached an agreement in principle for Sam Altman to return to OpenAI as CEO with a new initial board of Bret Taylor (Chair), Larry Summers, and Adam D’Angelo.We are collaborating to figure out the details. Thank you so much for your patience through this.

Regarding Brockman, it was first uncertain what would happen to him after he resigned from his position as president of OpenAI on Friday in opposition to the board’s choice to can Altman. Brockman was fired by the previous board, and his reappointment was not mentioned in OpenAI’s Tuesday statement.

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