Tuesday☕️

Nov 21, 2023 • 4 min read

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OpenAI Shakeup:

After unsuccessful efforts by investors to reinstate Sam Altman as CEO of OpenAI, Microsoft has decided to hire him. Altman, a co-founder of OpenAI in 2015, was unexpectedly dismissed by the company's board last Friday. OpenAI operates differently from typical companies, as its investors do not have control over the board.
The board's decision to let go of Altman was driven by communication concerns over new product launches and Altman's push to include investors on the board. Despite attempts by these investors to have him reinstated as the CEO of OpenAI, their efforts were unsuccessful, leading to his subsequent hiring by Microsoft.

Argentina‘s New President:

In Argentina's presidential election, Javier Milei, who identifies as an anarcho-capitalist and libertarian economist, emerged victorious. His win comes at a time when Argentina is grappling with significant economic challenges, including a staggering 142% inflation rate and about 40% of its population living in poverty.
Milei's opponent in the election was the incumbent economy minister from a left-wing populist party, which has been in power for the majority of the past four decades. Milei gained popularity through his vocal criticism of Argentina's political establishment.
He has proposed radical changes to the country's economic policies, including the adoption of the U.S. dollar. His campaign promises resonated with the electorate, leading to a decisive victory with 56% of the vote, against the 44% secured by his opponent.

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