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[parent] [thread] 5 comments
1. trasht+(OP)[view] [source] 2023-11-19 21:49:12
I don't think so. OpenAI was created as a non-profit, and I don't think they have any kind of fudiciary duty to create profit.
replies(1): >>jrflow+82
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2. jrflow+82[view] [source] 2023-11-19 21:58:29
>>trasht+(OP)
It is a special thing, a for-profit 501c3. At tax time it is tax exempt but when a guy I like gets fired the investors can leverage their donationvestments to fire the board and push the chari-business into further profitability. It is a good setup and it makes sense why so many people are cheering things on today :)
replies(1): >>blacko+Bp
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3. blacko+Bp[view] [source] [discussion] 2023-11-20 00:07:01
>>jrflow+82
MS investments are in for-profit company, not the parent.
replies(1): >>jrflow+xr
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4. jrflow+xr[view] [source] [discussion] 2023-11-20 00:18:07
>>blacko+Bp
Exactly, that’s why the investors should get to fire the board of the charity
replies(1): >>trasht+rY1
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5. trasht+rY1[view] [source] [discussion] 2023-11-20 10:53:23
>>jrflow+xr
Which board? The board of the for-profit subsidiary or the non-profit parent?
replies(1): >>jrflow+fM4
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6. jrflow+fM4[view] [source] [discussion] 2023-11-21 00:12:37
>>trasht+rY1
Yes
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