November 21, 2023 • 5 min read |
But first... if you come at the king, you best not miss. |
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Tomohiro Ohsumi/Getty Images |
Ever dreamed of attending your funeral to see what people think of you? In a way, Sam Altman is living out that fantasy. Altman is alive and well, but his run as CEO of OpenAI ended abruptly on Friday. But in the days since his firing, he's escaped a messy weekend looking like the ultimate hero, Business Insider's Katie Notopoulos writes. (For a complete timeline of the chaos, start here. And for a breakdown of why the fiasco is still important to people who aren't in the tech industry, check this out.) Most notable among Altman's supporters were his former employees. Just about everyone at OpenAI has signed a letter threatening to quit the company if Altman isn't reappointed and board members resign. Even someone who kicked off the entire mess — OpenAI cofounder and chief scientist Ilya Sutskever — signed the letter and said he deeply regrets participating in Altman's ouster. A key issue among employees is the lack of an adequate explanation of what got Altman fired. What employees have been told by Sutskever about the reason for the ouster has left them unconvinced and furious, writes Business Insider's Kali Hays. To be fair, Microsoft CEO Satya Nadella and OpenAI CEO Emmett Shear don't seem to know why either. Altman also has some fans in the market. In the wake of news that Altman would land at Microsoft, the tech giant saw its shares hit record highs on Monday.
And now Altman is reportedly angling for a return to OpenAI, a fitting culmination to perhaps the wildest coup in Silicon Valley history. |
Stephen Brashear/Getty Images |
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Markets 🔔 Before the opening bell: US stock futures fall early Tuesday, as investors await the minutes from the Fed's Oct. 31 to Nov. 1 policy meeting. |
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1. Some Uber and Lyft drivers make more money by being picky. Some drivers revealed that canceling certain trips can help drivers avoid situations that aren't profitable. For example, being discerning can help drivers avoid "one-way rides." 2. Nvidia's VP of recruitment revealed how to land a job in AI at the company. The rise of AI has also powered the rise of Nvidia — its CEO Jensen Huang even became the world's 27th-richest person. The company's top recruiter said emphasizing skills and differentiating themselves are some of the top methods to getting hired there. 3. X CEO is reportedly getting texts from ad execs to resign over Elon Musk endorsing an antisemitic post. An executive reportedly told Linda Yaccarino that she needs to "save" her reputation. |
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Arantza Pena Popo/Insider |
1. Texas — weirdly — is leading America's clean energy future. The state has been America's oil capital for more than a century. But now, Texas is also one of the country's top producers of renewable energy. 2. Underwear startup Parade went bust, and employees blame the founder. Is it okay to write about it? Parade's cofounder and former CEO Camila Téllez asked Business Insider's Melkorka Licea how she could write what she saw as another takedown of a female founder — especially a female founder of color. But many of the 26 current and former employees Melkorka spoke to said the way Téllez ran her company was at least partially responsible for its flameout. 3. The experience economy could be a good industry to bet your career on. Millennials and Gen Zers are driving demand for experiences. For example, cooks at restaurants are expected to increase 20% between 2022 and 2032. |
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- It's World Hello Day. The day is celebrated by greeting 10 different people. This highlights "the importance of personal communication for preserving peace."
- Happy birthday, Carly Rae Jepsen. Björk, Davido, and Colleen Ballinger were also born on this day.
- Earnings today: Lowe's, Best Buy, HP, Nvidia, Nordstrom, and other companies.
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International wine and etiquette expert shares seven etiquette tips and mistakes. His warnings include to never force guests to join you in prayer and to not hold the top of your wine glass. |
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