Sam Altman, the chief executive and co-founder of OpenAI, was ousted for allegedly lying to the board of his company, according to an announcement issued Friday. The board "no longer has confidence in his ability to lead" and said new leadership is "necessary" as the company moves forward, OpenAI said in a statement posted on its website. He is likewise leaving the company's board. Altman's departure follows a deliberative review process by the board, which concluded that he was not consistently candid in his communications with the board, hindering its ability to exercise its responsibilities," the board's statement said. What Altman had allegedly hidden from his company's board was not clear. "I loved my time at openai. it was transformative for me personally, and hopefully the world a little bit.

The time for experiments is over: Artificial Intelligence (AI) solutions are ready for the enterprise. Already, the early adopters are reaping the rewards and moving from trials to large-scale adoption. The chief executives of these companies are confident that - within just two years - AI deployments will deliver around 30% of both their new revenues and cost savings. Other businesses are now following suit, eager not to miss out on the AI advantage. I'm certain that companies which delay drafting and delivering their own AI strategies are bound for obsolescence.

A new report claims that from this point on, intelligent machines could become more vital to business than people. It estimates that up to 15 million UK jobs are at'high or medium risk' of being replaced by automation in the next two decades. And British people could face a reality that is somewhere'between Star Trek and the Matrix.' A new report claims that 60 per cent of British retail roles, around 2 million people, could be taken over by technology by 2030. Britain has reached'peak human', with intelligent AI more powerful than the human brain set to takeover everyday jobs and tasks The report, by Institute for Public Policy Research (IPPR) we are close to the point where humans are more important to labour than machines.

Futurist Tom Cheesewright has set out his vision for non-executive boards, saying not every member will be human. Speaking at the launch event for In Touch Networks, formally Directors Online Network, Cheesewright said there will be an element of A.I in years to come. The founder of applied futurism practice, "Book of the Future" addressed a gathering of 30 attendees at the company's new Peninsula building offices. Delving into what the future holds for company boards he said: "Successful organisations are like athletes. They need to see what is coming, be really fit and have the right reflexes to respond."