zlacker

>>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.

>>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.

>>dkjaud+K51
"Why is the NFL a non-profit:

https://www.publicsource.org/why-is-the-nfl-a-nonprofit/

The total revenue of the NFL has been steadily increasing over the years, with a significant drop in 2020 due to the impact of the COVID-19 pandemic12. Here are some figures:

    2001: $4 billion

    2010: $8.35 billion

    2019: $15 billion

    2020: $12.2 billion

    2021: $17.19 billion

    2022: $18 billion

>>samsta+Q61
Because a non-profit is just a class of business structure no different from an LLC or S-Corp and every company will incorporate based on which is the most advantageous to their business goals. It's average people who have conflated this idea that NPs only exist to serve as charitable heroes for humanity.