| ▲ | ghshephard 8 hours ago | |||||||||||||||||||
See: https://www.axios.com/2023/11/18/how-openai-board-is-structu... for the OpenAI Structure. 1) In order to fund research - this stuff costs 10s of billions of dollars - everyone, from Ilya, to Elon, to Sam - all agreed that they would require a profit-arm to raise money. Nobody was going to sponsor that 10s of billions of dollars to a non-profit. 2) The non profit is still there - and controls the commercial element. | ||||||||||||||||||||
| ▲ | alpinisme 8 hours ago | parent | next [-] | |||||||||||||||||||
“Controls” That will be especially untrue after IPO when shareholders can claim there are fiduciary responsibilities that conflict with the non profit goals. | ||||||||||||||||||||
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| ▲ | JumpCrisscross 8 hours ago | parent | prev | next [-] | |||||||||||||||||||
> non profit is still there - and controls the commercial element The non-profit hasn't controlled squat since they tried and failed to fire Sam Altman. | ||||||||||||||||||||
| ▲ | argee 8 hours ago | parent | prev [-] | |||||||||||||||||||
> Nobody was going to sponsor that 10s of billions of dollars to a non-profit How much has MacKenzie Scott donated to non-profits again? Seems like such a claim is on thin ice. | ||||||||||||||||||||