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1. crop_r+(OP)[view] [source] 2023-11-18 00:41:50
None of that can be a reason for a step like this. OpenAI can easily charge much more for their products, and there is a market for even extremely high prices (even if not as big) and given this is a non profit, it doesn't even need to make billions of dollars in money.
replies(1): >>CrazyS+A2
2. CrazyS+A2[view] [source] 2023-11-18 00:55:05
>>crop_r+(OP)
OpenAI exists both as a nonprofit and, for several years now, as a for-profit company [1] that has taken billions of dollars in investment. It needs to make billions of dollars to return to investors just as much as any other for-profit company does.

[1] https://openai.com/blog/openai-lp

replies(1): >>crop_r+k3
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3. crop_r+k3[view] [source] [discussion] 2023-11-18 00:59:38
>>CrazyS+A2
The non profit is the majority owner of the for profit, and there is no investor pressure here to make billions.
replies(1): >>j45+bc
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4. j45+bc[view] [source] [discussion] 2023-11-18 01:51:18
>>crop_r+k3
Could that not change as the board changes?
replies(1): >>jprete+2g
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5. jprete+2g[view] [source] [discussion] 2023-11-18 02:17:48
>>j45+bc
I think the board is required to be a majority non-equity-holders precisely because an equity-holding board will not keep to their non-profit mission.
replies(1): >>j45+PM1
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6. j45+PM1[view] [source] [discussion] 2023-11-18 14:32:01
>>jprete+2g
Since it's a private non-profit corp it might be whatever they want the rules to be.

Arms-length neutrality on a board in silicon valley might still work like the rest as other comments have stated. Maybe someone can shed some light on it

replies(1): >>jprete+6X1
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7. jprete+6X1[view] [source] [discussion] 2023-11-18 15:35:48
>>j45+PM1
I’m presuming it was put into place as part of creating the capped-for-profit entity, to make sure the for-profit couldn’t itself permanently misalign the non-profit’s board.
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