Legal.io’s Post

https://lnkd.in/dZVN6zP3 - Your 1 million dollar question! 💭: Did you know in 1985, Steve Jobs, one of the co-founders of the tech giant Apple, was fired from the company following a clash with the board of directors? 🚀: Could Sam Altman be repeating history and what does this mean for the Co-founder who owned no shares in OpenAI? 👨⚖️: What are the underlying Legal considerations arising from Sam Altman’s exit and speculated return as CEO of OpenAI (owners of the artificial intelligence software ChatGPT)?

Listen (read) and learn about the dangers of under-communicating via this OpenAI timeline/summary. Excellent outline Eleanor Hawkins and #axios. #comms #lessonslearned #reputation #internalcommunications #investorrelations #media #relationships #knowyouraudience #communicationstrategy

Hallucination, hallucitation... hallutermination? 🤔 OpenAI & Microsoft just introduced 𝐪𝐮𝐚𝐧𝐭𝐮𝐦 𝐜𝐨𝐧𝐭𝐫𝐚𝐜𝐭𝐢𝐧𝐠: a promising practice area for legal professionals which involves the simultaneous act of employing and not employing at the same time. #legalinnovation

📄It’s a very promising innovation “𝐪𝐮𝐚𝐧𝐭𝐮𝐦 𝐜𝐨𝐧𝐭𝐫𝐚𝐜𝐭𝐢𝐧𝐠”: the simultaneous act of employing and not employing at the same time :) The first case in Silicon Valley. Thank you Gregoire for this insight. 👏On the other hand, OpenAI is the fastest company in the world which hit 1 million users in 5 days. At the same time, Sam Altman is the fastest founder who could solve corporate conflict just in one week. 👨💼If you are not Sam, write lawyers and double-check your shareholder agreement, and company governance terms.

🚨 Has Sam Altman told the truth about OpenAI’s NDA scandal?🚨 🔓Leaked documents reveal that OpenAI pressured departing employees to sign restrictive exit agreements or risk losing their vested equity—potentially worth millions. This aggressive tactic, uncommon in Silicon Valley, caused significant internal backlash. 🔓CEO Sam Altman issued an apology, clarifying that they’ve never clawed back anyone's equity and will not do so in the future. However, documents signed by Altman and other executives suggest they were aware of these provisions, contradicting their claims. 🔐OpenAI is now taking steps to rectify the situation by: - Removing non-disparagement clauses from departure agreements. - Reaching out to former employees to ensure they retain their vested equity. For full details and supporting documents, check out the full report on Vox: https://lnkd.in/gfP8jUXi #OpenAI #TechNews #EmployeeRights #Transparency #AI #AISafety

Business leaders: you can learn aplenty from what happened at OpenAI over the last week. This is a gong show that probably could have been avoided altogether.

A huge thank you to Marla M. for another amazing The Masters Conference Legal in Chicago. Can't wait for next year! Top points and themes that were shared: + Trust but verify + Are prompts the same as search terms? + It can take 15 prompts to get what you want if not experienced + Zettabyte = 1 billion terabytes + ESI protocols now add language "don't put our production into public GenAI" + Automation still requires QC + Are we going to lose our jobs to technology? We are the beneficiaries of the technology + Align the right people for the project. Is IT make big changes- they need to talk to Legal + Don't be afraid to try different tools + Watch out for ROT (Redundant, Obsolete, Trivial) + Befriend a techie What points stuck out to you? Do you have a favorite new thing you learned? #ediscovery #legaltech #genAI

What were your big takeaways from The Masters Conference Legal? One more interesting thought, what will we be talking about in 5 years? Will it be GenAI or something else? #ediscovery #legaltech #genAI