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1. evantb+(OP)[view] [source] 2023-11-20 16:40:01
It begs the question: why was OpenAI structured this way? For what purposes besides potentially defrauding investors and the government exist for wrapping a for-profit business in a nonprofit? From a governance standpoint it makes no sense, because a nonprofit board doesn't have the same legal obligations to represent shareholders that a for-profit business does. And why did so many investors choose to seed a business that was playing such a cooky shell game?
replies(1): >>august+Pg1
2. august+Pg1[view] [source] 2023-11-20 21:31:17
>>evantb+(OP)
the impression I got was that they started out with honest intentions and they were more or less infiltrated by Microsoft. this recent news fits that narrative
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