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[return to "Elon Musk sues Sam Altman, Greg Brockman, and OpenAI [pdf]"]
1. silico+z11[view] [source] 2024-03-01 17:11:23
>>modele+(OP)
There is a lot in here but turning a non-profit into a for-profit definitely should be challenged. Otherwise why wouldn't everyone start as a non-profit, develop your IP, and then switch to 'for-profit' mode once you got something that works? You don't pay income taxes and your investors get write offs.
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2. jjjjj5+041[view] [source] 2024-03-01 17:20:47
>>silico+z11
Isn't this how drugs get developed? Even worse, the research is done using public funds, and then privatized and commercialized later.
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3. pclmul+O81[view] [source] 2024-03-01 17:42:21
>>jjjjj5+041
University spinoffs are pretty common, but the university tends to be a small minority owner of the spinoff (unless the shares are donated back to them later), exercise no control of the operation of the company, and don't transfer IP to the spinoff after the spinning-off has happened. OpenAI is not doing any of that with its for-profit.
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