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
Non-profits, the big ones at least, are a scam by rich people to privatize what should essentially be nationalized government services. They get to pretend they're helping the public at a fraction of their capability to paper over their ill gotten gains elsewhere. It's like a drug lord buying a church, but they get to take the spend out of their taxes. Alternatively, they are a way to create a tax free pool of money for their children to play with by putting them on the board.

Non-profits weren't really as much of a thing until the neoliberal era of privatizing everything.

Of course, there are "real" non-profits, those kinds of activities are a real thing, such as organizing solely member funded organizations to serve the people, but in America, this is a marginal amount of the money in the system.