![New York Times DealBook Summit Held In New York City](https://cdn.vox-cdn.com/thumbor/yTDoQo8msd2T8hhYbJNA0SAEFSQ=/0x0:5213x3475/1310x873/cdn.vox-cdn.com/uploads/chorus_image/image/73438618/1445795057.0.jpg)
A couple of months ago, I was sitting in the audience at a tech conference in San Fransisco watching Bloomberg’s Emily Chang interview Reid Hoffman.
She asked about Microsoft’s hiring of the team behind Inflection, a would-be OpenAI competitor that Hoffman co-founded. It was an acquisition in everything but name, clearly designed to avoid the scrutiny of antitrust regulators. Not only had Microsoft (where Hoffman is a board member) hired most of Inflection’s employees — it also licensed the startup’s technology in a way that seemed designed to make its investors whole.
Speaking with Chang that day onstage, Hoffman predicted that what happened to Inflection will become a “pattern” for future AI deals. We are seeing that pattern play out…
![](https://joyfulretirementsecrets.com/wp-content/uploads/2022/11/Joyful.png)