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When Narratives Meet Reality

BILL ANASTAS NOV 9, 2025

Hey there,

Here's what caught my attention this week:

The OpenAI Board Drama Receipts Are Here

blog.banast.as

A 365-page deposition transcript dropped this week with real evidence behind last November's OpenAI board chaos. Ilya Sutskever, the chief scientist who voted to fire Sam Altman, sat for nearly 10 hours of questioning in the Musk v. Altman lawsuit.

Here's what we learned:

The Secret 52-Page Memo
Sutskever wrote a detailed memo to the independent board directors that opened with: "Sam exhibits a consistent pattern of lying, undermining his execs, and pitting his execs against one another." When asked what action was appropriate, his answer was one word: "Termination." He used disappearing emails to keep it from Sam.

This Was a Year-Long Plan
When asked how long he'd been considering Altman's removal: "At least a year." He was waiting for board member departures to change the dynamics so "the majority of the board is not obviously friendly with Sam."

All Evidence Came From One Person
Almost everything in the memo came from Mira Murati. The Y Combinator allegations? From Mira. The Stripe firing claim about Greg Brockman? From Mira. The GPT-4 Turbo tensions? From Mira. Sutskever never verified any of it with anyone else. Later he admitted: "I've learned the critical importance of firsthand knowledge for matters like this."

The Anthropic Merger Nobody Talks About
During that chaotic weekend after the firing, Helen Toner coordinated a call with Anthropic about merging the two companies - with Anthropic taking over OpenAI's leadership. Dario and Daniela Amodei were on the call. The other board members were "a lot more supportive" than Sutskever, who was "very unhappy about it."

"Destroying OpenAI Would Be Consistent With The Mission"
When OpenAI executives warned that the company would be destroyed without Sam, Helen Toner responded that destroying the company would be consistent with the mission. Sutskever testified she said it "even more directly than that."

The Board Couldn't Even Show Up
Helen Toner and Tasha McCauley weren't attending all board meetings physically. When asked how familiar they seemed with OpenAI's operations, Sutskever's answer: "They seemed to have some familiarity, but it's hard for me to assess." This was the board that fired the CEO of one of the most valuable AI companies in the world.

They Expected Employees Not to Care
Sutskever clarified he hadn't expected employees to cheer when Altman was fired, but he "have not expected them to feel strongly either way." For someone at OpenAI since 2015, that's a remarkable miscalculation.


The full transcript is worth reading if you're into this kind of thing. The process was rushed, the board was inexperienced, the evidence was secondhand, and Anthropic was circling. Either Sutskever saw something real or he convinced himself of a narrative that fell apart under scrutiny.

Discovery is one hell of a thing.

Articles Worth Your Time

Landlords Are Using AI to Make Photos of Nasty Apartments Look Clean and Modern

futurism.com

Landlords are using AI to digitally renovate apartment listings before they post them - removing grime, adding furniture that doesn't exist, and brightening windowless rooms. The gap between what you see online and what you walk into is about to get so wide that in-person showings are gonna feel like getting catfished.

AI Blamed for Tens of Thousands of White Collar Layoffs

futurism.com

Companies are using AI adoption as cover for layoffs while seeing zero revenue growth from it - basically just cutting headcount and dumping the work on whoever's left. The data shows it's not about replacement or efficiency, it's about making cuts look like innovation instead of desperation.

The Great Decoupling of Labor and Capital

mbi-deepdives.com

Big tech companies are now generating the same $100B in revenue with a fraction of the headcount they needed a decade ago - Apple went from 60k employees to 17k for their most recent $100B quarter, and Alphabet's down to 11k. The automation everyone keeps saying is "coming" has already been running these companies for years, which explains why none of them are freaking out about cutting staff anymore.

Amazon Reveals Smart Glasses That Effectively Turn Its Delivery Drivers Into Cyborg Drones

futurism.com

Amazon's rolling out smart glasses for delivery drivers that track every second of their route with package scanning, navigation, and hazard detection built in. Classic move where they're optimizing humans like machines right up until the moment they can actually replace them with machines.

The Big Short Guy Just Bet $1 Billion That the AI Bubble Pops

futurism.com

Michael Burry (the guy who called 2008) just dropped $1B betting against Nvidia and Palantir, saying AI valuations are completely detached from reality at 200x forward earnings. He's either about to be wrong twice in a row or these companies are about to get absolutely hammered when the market corrects.