Why-OpenAIs-chairman-prefers-his-board-members-to-write-their.jpeg

Why OpenAI’s chairman prefers his board members to write their meeting prep without the help of AI

Sure, ChatGPT could help a board member write up a memo ahead of a meeting. But OpenAI’s chairman says there’s value to going old-school.

Bret Taylor, OpenAI’s board chair, said in a recent appearance on the “Uncapped with Jack Altman” podcast that he prefers concise but detailed written documents from board members over slide presentations. And he doesn’t want them relying on AI.

“I really like written documents for boards over presentations,” Taylor said. “You end up letting people synthesize information ahead of the board meeting, so you end up with more substantive discussions in the board room.”

Taylor, the former co-CEO of Salesforce and cofounder of AI startup Sierra, said that writing without AI is a worthwhile thinking exercise and helps board members clarify their thoughts.

His expectation for the boards he runs is that members have read the written material ahead of time, which helps keep things focused and substantive during the actual meeting.

“The main thing is it’s been read — and it’s been read ahead of time,” he said. “You end up with a meeting about the actual meat and potatoes of the topics, and you’re not staring at a bunch of sales numbers for the first time.”

Amazon cofounder Jeff Bezos is famously a big fan of meetings focused on a single memo prepared ahead time, but while Bezos preferred dense, 6-page memos, Taylor specifically favors concise material, arguing that brevity is a sign of careful thought — and respect to stakeholders.

“It’s like what’s that famous line — if I had more time, I would have written a shorter letter,” he added. “Like, spend the time because that’s actually how you can show respect to your stakeholders that you’re thinking about the strategic issues going on in your business.”

And while Taylor might not be a fan of leaning on AI for board meeting prep, that doesn’t mean he is dismissing the technology’s potential to be valuable in high-stakes situations.

“If you want a hot take, I think my intuition is regulators will start asking for agents,” he said. “The idea that you have a human set of controls over a regulated process will start to feel like a risk, rather than the risk being AI.”




Source link

Theron Mohamed — Profile Picture

Warren Buffett resigning as CEO but not chairman, said retiring worse than death

Warren Buffett is days away from stepping down as Berkshire Hathaway’s CEO, but at age 95, he’s skipping retirement to stay on as chairman. That’s not a shock from the investor who “tap dances to work.”

After revealing his resignation plans to Berkshire shareholders in May, Buffett said he would “still hang around” and “could conceivably be useful” to his successor, Greg Abel.

“I’m not going to sit at home and watch soap operas,” Buffett told The Wall Street Journal after his big reveal. “My interests are still the same.”

In his Thanksgiving letter, Buffett said he still works at Berkshire’s Omaha headquarters five days a week, and sometimes has a “useful idea” or gets approached with an offer.

Buffett’s lasting dedication isn’t surprising, as he’s famously devoted to Berkshire. Since taking control in 1965, he has transformed it from a failing textile mill into a world-beating conglomerate that owns scores of businesses such as Geico and NetJets, and huge stakes in public companies including Coca-Cola and Kraft Heinz.

“We’ve got the best job in the world,” Buffett said about himself and the late Charlie Munger during Berkshire’s annual meeting in 2000. “We get to work with people we like and admire and trust every day of the year. We get to do what we want to do, the way we want to do it.”

Investing Berkshire’s capital inside and outside the company is the “most enjoyable thing to do in the world,” Buffett said during the 2012 meeting. “I get to paint my own painting,” he continued, adding that he has “a lot of fun” with his coworkers.

Buffett has said for decades that retirement doesn’t appeal to him, and he much prefers to keep working as long as possible.

“Berkshire is my first love and one that will never fade,” he wrote in his 1991 shareholder letter, recalling that when a student asked when he planned to retire, he replied: “About five to 10 years after I die.”

Buffett said during Berkshire’s 1996 meeting that the idea of retiring was “unthinkable” for him: “That would be the worst. I think death would be second.”




Source link