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1. cthalu+(OP)[view] [source] 2023-11-18 23:49:13
The entire setup is structured so that they are not supposed to be beholden to investors. If it is true that they ultimately are and Microsoft is the leverage to get Altman back, then they explicitly failed in the goal in setting up their structure of governance.

The fundamental thing you are missing here is that the charter of the non-profit and structure of their ownership of the for-profit (and the for-profit's operating agreement) is all designed in a way that is supposed to eliminate financial incentives for stakeholders as being the thing that the company and non-profit are beholden to.

It may turn out that the practical reality is different from the intent, but everything you're talking about was a feature and not a bug of how this whole thing was set up.

https://openai.com/our-structure

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