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1. rvz+(OP)[view] [source] 2023-11-20 13:57:17
Well that accelerated very quickly and this is perhaps the most dysfunctional startup I have ever seen.

All due to one word: Greed.

replies(4): >>benjam+M1 >>toss1+R2 >>marric+G5 >>gniv+28
2. benjam+M1[view] [source] 2023-11-20 14:02:52
>>rvz+(OP)
I don’t know about OpenAI, but Ive been in a few similar business situations where everyone is in a good situation and greed leads to an almighty blowup. It’s really remarkable to see.
3. toss1+R2[view] [source] 2023-11-20 14:06:11
>>rvz+(OP)
And the ironic part of the greed is that it seems there is far more (at least potential) earnings to be spread around and make everyone there wealthy enough to not have to think about it ever again.

Yet they start this kind of nonsense.

Not exactly focusing on building a great system or product.

replies(1): >>qwebfd+b4
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4. qwebfd+b4[view] [source] [discussion] 2023-11-20 14:10:10
>>toss1+R2
I assumed that due how the whole company/non-profit was structured employees didn't really get any actual equity?
replies(1): >>toss1+sT
5. marric+G5[view] [source] 2023-11-20 14:14:40
>>rvz+(OP)
What? Greed is the backbone of our startup landscape. As soon as you get VC backing all anyone cares about is a big payday. This is interesting because there is something going on beyond the typical pure greed shitshow.

Perhaps it was just that original intention for openai to be a nonprofit, but at some point somewhere it wasn't pure $ and that's what makes it interesting. Also more tragic because now it looks like it's heading straight to a for profit company one way or another.

6. gniv+28[view] [source] 2023-11-20 14:22:01
>>rvz+(OP)
> All due to one word: Greed.

I would say it's due to unconventional not-battle-tested governance.

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7. toss1+sT[view] [source] [discussion] 2023-11-20 17:55:07
>>qwebfd+b4
Um, equity isn't the only way to distribute profits...

edit: 'tho TBF, the other methods do require ethical management behavior down the road, which was just shown to be lacking in the last few days.

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