zlacker

[parent] [thread] 5 comments
1. ren_en+(OP)[view] [source] 2023-11-18 23:23:20
actually wild to think about how something like this can even be allowed to happen considering OpenAI has(had) a roughly 90B valuation and it being important to the US from a geopolitical strategy perspective.

comical to imagine something like this happening at a mature company like FedEx, Ford, AT&T. All which have smaller market caps than OpenAI. You basically have impulsive children in charge of massively valuable company

replies(2): >>SllX+z3 >>renewi+Xh
2. SllX+z3[view] [source] 2023-11-18 23:42:05
>>ren_en+(OP)
Sure, it's important in some ways, but most corporations aren't direct subordinates of the US Government.

The companies you listed in contrast to OpenAI also have some key differences: they're all long-standing and mature companies that have been through several management and regime changes at this point, while OpenAI is still in startup territory and hasn't fully established what it will be going forward.

The other major difference is that OpenAI is split between a non-profit and a for-profit entity, with the non-profit entity owning a controlling share of the for-profit. That's an unusual corporate structure, and the only public-facing example I can think of that matches it is Mozilla (which has its own issues you wouldn't necessarily see in a pure for-profit corporation). So that means on top of the usual failure modes of a for-profit enterprise that could lead to the CEO getting fired, you also get other possible failure modes including ones grounded in pure ideology since the success or failure of a non-profit is judged on how well it accomplishes its stated mission rather than its profitability, which is uh well, it's a bit more tenuous.

replies(1): >>adastr+Qg
◧◩
3. adastr+Qg[view] [source] [discussion] 2023-11-19 00:54:44
>>SllX+z3
All of them are when they become national security concerns. The executive branch could write the OpenAI board a letter directing them on what to do if it were a national security need. This has been done many times before, though usually limited to the defense industry in wartime, but as Snowden has showed it has been done in tech as well.
replies(1): >>SllX+Gu
4. renewi+Xh[view] [source] 2023-11-19 01:02:14
>>ren_en+(OP)
These things happen. ICANN controls DNS deeply and they were trying to sell off .org and you know what stopped them? California’s AG has some authority on non-profits in California.

That’s right. Worldwide DNS control and it was controlled by a non-profit in California. And that non-profit tried to do something shady and was kept in line simply because of California law enforcement.

◧◩◪
5. SllX+Gu[view] [source] [discussion] 2023-11-19 02:28:46
>>adastr+Qg
Except that is literally not true and the Government loses in court to private citizens and corporations all the time because surprise: people in America have rights and that extends to their businesses.

In wartime, pandemics, and in matters of national security, the government's power is at its apex, but pretty much all of that has to withstand legal challenge. Even National Security Letters have their limits: they're an information gathering tool, the US Government can't use them to restructure a company and the structure of a company is not a factor in its ability to comply with the demands of an NSL.

replies(1): >>adastr+XF
◧◩◪◨
6. adastr+XF[view] [source] [discussion] 2023-11-19 03:43:15
>>SllX+Gu
The PATRIOT act extended the wartime powers act to apply in peacetime, and there are other more obscure authorizations that could be used. I used to work in the defense industry. It was absolutely common knowledge that the government could step in to nationalize control (though not the profits of) private industry when required. This has been done in particular when there are rare resources needed for supersonic then stealth technology during the Cold War, and uranium in the 40’s and 50’s.
[go to top]