• Home
  • News
  • Personal Finance
    • Savings
    • Banking
    • Mortgage
    • Retirement
    • Taxes
    • Wealth
  • Make Money
  • Budgeting
  • Burrow
  • Investing
  • Credit Cards
  • Loans

Subscribe to Updates

Get the latest finance news and updates directly to your inbox.

Top News

Drinking This Type of Milk Could Be Terrible for Your Heart

December 12, 2025

How to Transform Your Company Into an AI Powerhouse

December 11, 2025

Your 12-Week Playbook for Deploying AI Agents

December 11, 2025
Facebook Twitter Instagram
Trending
  • Drinking This Type of Milk Could Be Terrible for Your Heart
  • How to Transform Your Company Into an AI Powerhouse
  • Your 12-Week Playbook for Deploying AI Agents
  • The Mental Pitfall That Can Derail Entrepreneurs — And How to Avoid It
  • 3 Practical Steps You Can Take Now to Stay Competitive in an AI-Driven Job Market
  • Author Susan Orlean on Trusting Your Instincts (and Your Weird Ideas)
  • Why Meditation Is the Next Top Leadership Skill
  • The Innovation Set to Give Your Balance Sheet a Big Upgrade
Friday, December 12
Facebook Twitter Instagram
iSafeSpend
Subscribe For Alerts
  • Home
  • News
  • Personal Finance
    • Savings
    • Banking
    • Mortgage
    • Retirement
    • Taxes
    • Wealth
  • Make Money
  • Budgeting
  • Burrow
  • Investing
  • Credit Cards
  • Loans
iSafeSpend
Home » AI Wizard Sam Altman Shows What Real Leadership Is. His Bosses Were Clueless
Investing

AI Wizard Sam Altman Shows What Real Leadership Is. His Bosses Were Clueless

News RoomBy News RoomNovember 24, 20230 Views0
Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Email Tumblr Telegram

A lot happened to artificial intelligence pioneer wizard Sam Altman, recently. But for me mostly it demonstrated how his bosses knew little about leadership.

First let’s recap the basics of what happened over the past few days.

  • First, Altman was a cofounder of OpenAI, a leading company in the development of advanced artificial intelligence.
  • Next, the board of directors fired him on November 17, according to Vox.
  • On November 20, Reuters reported that hundreds of OpenAI’s staff would quit if the board didn’t reinstate him.
  • Then on November 22, the day before Thanksgiving, Altman was rehired and much of the board that hired him would be walking the plank, again according to Vox.

Forget trying to figure out why Altman was fired. We may never know and in any case it’s not the point in this botched job of efforts to oust him.

The real issue is that the OpenAI board didn’t realize that leaders are not appointed. Put another way, you don’t become a leader when someone else says you are.

Leaders Are Not Appointed

It’s one of those things that many students mistakenly believe. They think that once they make it to VP level they are a leader. Some are leaders at that point. Some aren’t. A funky title and a boost to your base pay don’t make you a leader.

The matter is further confused by the wavering definitions that corporations use to describe what leadership is. When I was just out of business school, with a newly minted MBA “entrepreneurial” was the key word. Of course, the bosses had no clue what that meant, and any efforts to do anything remotely entrepreneurial would quickly lead to dismissal.

I would guess that holding a degree would be part of some corporate leadership definitions now, which isn’t a bad thing, more like a good thing. But a degree doesn’t on its own make someone a leader. It is probably a nice to have but a not-sufficient attribute.

No doubt that new definitions will get created over the ensuing decades. They often don’t make any sense when defined by corporate bosses and are often influenced by fashion.

OpenAI’s Board Tripped Up

And here’s where the OpenAI board really fell down. There is but one definition of leadership and it is really simple.

A leader has followers.

No matter what their nominal title, if they have followers they are leaders.

In Altman’s case, he had plenty of followers as the threatened resignation of hundreds of OpenAI employees shows. They were seemingly quite willing to follow him out of the door.

Prerequisite = Followers

If this is confusing, don’t let it be. There are leaders of all types. Some are genial and easy to work with. Some are inspiring. Some are tyrants. Some are genocidal maniacs. You get the picture. But they all have followers.

Altman has followers. He is a leader and the board should have known that.

The board’s failure was in thinking that because they were on the board of directors that they were greater leaders than Altman was, particularly in the role of running OpenAI.

It will likely have come as a shock to those former board members that Altman was the leader of that enterprise whether they liked it or not. Even when he was out of a job for two days he was still the leader.

Now he’s back, but he never stopped being the leader.

Read the full article here

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Articles

Your 12-Week Playbook for Deploying AI Agents

Investing December 11, 2025

Why Meditation Is the Next Top Leadership Skill

Investing December 10, 2025

The $119 Million Reason to Never Give Up on a Cold Lead

Investing December 9, 2025

Justin Bieber Complains About This Common iPhone Feature

Investing December 8, 2025

How to Stand Out When AI Makes Every Brand Sound the Same

Investing December 7, 2025

Get a Lifetime of Microsoft Office 2024 for Just $150

Investing December 6, 2025
Add A Comment

Leave A Reply Cancel Reply

Demo
Top News

How to Transform Your Company Into an AI Powerhouse

December 11, 20250 Views

Your 12-Week Playbook for Deploying AI Agents

December 11, 20250 Views

The Mental Pitfall That Can Derail Entrepreneurs — And How to Avoid It

December 11, 20250 Views

3 Practical Steps You Can Take Now to Stay Competitive in an AI-Driven Job Market

December 11, 20250 Views
Don't Miss

Author Susan Orlean on Trusting Your Instincts (and Your Weird Ideas)

By News RoomDecember 10, 2025

Susan Orlean is a longtime staff writer for The New Yorker and the author of…

Why Meditation Is the Next Top Leadership Skill

December 10, 2025

The Innovation Set to Give Your Balance Sheet a Big Upgrade

December 10, 2025

Tech CEO Fixed His ‘Bad’ Management Skills to Build a $19B Company

December 10, 2025
About Us

Your number 1 source for the latest finance, making money, saving money and budgeting. follow us now to get the news that matters to you.

We're accepting new partnerships right now.

Email Us: [email protected]

Our Picks

Drinking This Type of Milk Could Be Terrible for Your Heart

December 12, 2025

How to Transform Your Company Into an AI Powerhouse

December 11, 2025

Your 12-Week Playbook for Deploying AI Agents

December 11, 2025
Most Popular

Nvidia CEO Jensen Huang Works 7 Days a Week in ‘State of Anxiety’

December 5, 20254 Views

The 300-Year-Old Tool That Runs Modern Day Trading

December 7, 20253 Views

ChatGPT’s New Internet Browser Can Run 80% of a One-Person Business — Here’s How Solopreneurs Are Using It

December 6, 20253 Views
Facebook Twitter Instagram Pinterest Dribbble
  • Privacy Policy
  • Terms of use
  • Press Release
  • Advertise
  • Contact
© 2025 iSafeSpend. All Rights Reserved.

Type above and press Enter to search. Press Esc to cancel.