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[return to "We have reached an agreement in principle for Sam to return to OpenAI as CEO"]
1. garris+EJ[view] [source] 2023-11-22 11:59:46
>>staran+(OP)
If OpenAI remains a 501(c)(3) charity, then any employee of Microsoft on the board will have a fiduciary duty to advance the mission of the charity, rather than the business needs of Microsoft. There are obvious conflicts of interest here. I don't expect the IRS to be a fan of this arrangement.
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2. baking+G91[view] [source] 2023-11-22 14:31:44
>>garris+EJ
My guess is that the non-profit has never gotten this kind of scrutiny now and the new directors are going to want to get lawyers involved to cover their asses. Just imagine their positions when Sam Altman really does something worth firing.

I think it was a real mistake to create OpenAI as a public charity and I would be hesitant to step into that mess. Imagine the fun when it tips into a private foundation status.

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3. danari+hd1[view] [source] 2023-11-22 14:47:21
>>baking+G91
Well, I think that's really the question, isn't it?

Was it a mistake to create OpenAI as a public charity?

Or was it a mistake to operate OpenAI as if it were a startup?

The problem isn't really either one—it's the inherent conflict between the two. IMO, the only reason to see creating it as a 501(c)(3) being a mistake is if you think cutting-edge machine learning is inherently going to be targeted by people looking to make a quick buck off of it.

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4. blacko+Uz1[view] [source] 2023-11-22 16:24:29
>>danari+hd1
OpenAI the charity would have survived only as an ego project for Elon doing something fun with minor impact.

Only the current setup is feasible if they want to get the kind of investment required. This can work if the board is pragmatic and has no conflict of interest, so preferably someone with no stake in anything AI either biz or academic.

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5. baking+8H1[view] [source] 2023-11-22 16:58:30
>>blacko+Uz1
I think the only way this can end up is to convert to a private foundation and make sizable (8 figures annually) grants to truly independent AI safety (broadly defined) organizations.
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