🚨 AI CEO Exit, Twitter Ad Drama, Defense Warning
Today’s pick
Inside the Chaos at OpenAI. To truly understand the events of this past weekend—the shocking, sudden ousting of OpenAI’s CEO, Sam Altman, arguably the figurehead of the generative-AI revolution, followed by reports that the company was in talks to bring him back, and then yet another shocking revelation that he would start a new AI team at Microsoft instead—one must understand that OpenAI is not a technology company. By Karen Hao via The Atlantic
𝕏: Now is probably the time to announce that I've been writing a book about @OpenAI, the AI industry & its impacts. Here is a slice of my book reporting, combined with reporting from the inimitable @cwarzel. Inside the year of chaos that led to this weekend. - Karen Hao 郝珂灵 (@_KarenHao)
Yaccarino On Hot Seat As Ad Execs Urge Twitter CEO To Resign. X CEO Linda Yaccarino, the longtime NBC advertising executive tapped to bring back revenue and credibility to the company from big advertisers, is facing her own credibility crisis as advertisers halt spending over Elon Musk's endorsement of antisemitic abuse on the social media platform. By John Paczkowski via Forbes
𝕏: News: a group of ad execs privately lobbied Linda Yaccarino to resign as CEO of X following Elon’s recent activity. Big scoop by @JohnPaczkowski and @DavidJeans2 and the @forbes tech team: - Alex Konrad (@alexrkonrad)
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How to Win the Fight for America. Two years ago, I made a bold prediction, which is actually a bad thing for a venture capitalist to do because we’re so often wrong. During the Reagan National Defense Forum, I tweeted “Time is Running Out with Silicon Valley.” We needed to figure out how to get the Department of Defense to transform its laborious, unproductive procurement process. By Katherine Boyle via The Free Press
𝕏: “We don’t win a war against bad ideologies unless we know who we are, what we stand for, and where we’re headed. And if we lose this silent war it’s not because we don’t have the know-how …It will be because we doubt our inheritance.” - Ayaan Hirsi Ali (@Ayaan)
The White House May Condemn Musk, but the Government Is Addicted to Him. The White House denounced Elon Musk on Friday for “abhorrent promotion of antisemitic and racist hate,” for his endorsement of what an administration spokesman called a “hideous lie” about Jews. All of which might make one think the Biden administration was going to try to pull back from doing business with the world’s richest person. By David E. Sanger via The New York Times
𝕏: NYT: The White House May Condemn Musk. But It Relies Extensively on Him to Get Pentagon Cargo and NASA Missions to Space. A Breakup Not Possible, For Now. - Eric Lipton (@EricLiptonNYT)
Pro Take: VCs Ignore Their Own Advice in Pursuit of Generative AI. Venture investors are diving into generative AI—and breaking some of their own rules in the process. Generative AI startups globally raised $17.8 billion as of Sept. 19, up from the $3.9 billion invested in all of 2022, according to data provider Dealroom.co. Venture firms are raising massive funds with the intention of investing more capital in artificial intelligence. By Yuliya Chernova via Wall Street Journal
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