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What Happens When a Founder Leaves?

Date Published
November 20, 2023
Section
In the Media
Areas of Expertise
Artificial Intelligence (AI) Financial Institutions
From:
CBS In the News

What happens when the future of artificial intelligence relies on just one person? This New York Times article explores the surprising leadership changes at OpenAI, and raises important questions about the risks of a company depending too much on a single individual. 

Columbia Business School Professor of Business Patrick Bolton sheds light on this issue as he explains that OpenAI’s board may have underestimated the “key man risk”—the vulnerability a company faces when a pivotal leader is removed.

For those interested in how leadership changes can impact tech companies and the role of non-compete clauses in protecting corporate strategy, this article offers a look at the future of AI and business leadership, and underscores why effective governance is essential for managing these risks.

Read more about how these risks and strategies are shaping the future of AI-driven businesses and what it means for the industry.

Mentioned Faculty

Patrick Bolton

Patrick Bolton

Barbara and David Zalaznick Professor Emeritus of Business and Professor Emeritus of Economics
Finance Division
Mentioned On
The New York Times

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