zlacker

[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.
◧◩
2. dkjaud+K51[view] [source] 2024-03-01 17:27:57
>>silico+z11
The replies that say "well the profits go to the non-profit, all's good" miss the reality of these high profit nonprofits: the profits invariably end up in the pockets of management. Most of those are essentially scams, but it doesn't mean that OpenAI isn't just a more subtle scam.

The hype and the credulity of the general public play right into this scam. People will more or less believe anything Sam the Money Gushing Messiah says because the neat demos keep flowing. The question is what's we've lost in all this, which no-one really thinks about.

◧◩◪
3. treflo+8m1[view] [source] 2024-03-01 18:42:33
>>dkjaud+K51
Not to speak about OpenAI specifically, but people who know what they’re doing still cost a buttload of $$$$.

Even I as a software engineer have a minimum salary I expect because I’m good at my job.

Just because it’s a non-profit doesn’t mean I’m going to demand a smaller salary.

And if the non-profit can’t afford me and gets a more junior dev and they’re not very good and their shit breaks… well, they should have paid full price.

That said, there ARE a lot of dirty non-profits that exist just to pay their executives.

[go to top]