OpenAI Nonprofit Transition

I mean, the wording leaves much to the imagination.I'm trying to read the tea leaves and there seem to be quite a few reminders that OpenAI is a non-profit, it's supposed to further the goals of all humanity (despite its great financial success), it's controlled by a board that largely doesn't have a financial interest in the company, etc etc.Maybe Altman has been straying a bit far from those supposed ideals, and has been trying to use OpenAI to enrich himself personal

Original link, but may have a paywall if you aren’t a subscriber so may be “hostile” for some people: https://www.nytimes.com/2023/11/21/technology/openai-altman-...

Bull. Shit.OpenAI and its people are there to maximize shareholder value.This is the same company that went from "non-profit" to "jk, lol, we are actually for-profit now". I still think that move was not even legal but rules for thee not for me.They ousted sama because it was bad for business. Why? We may never know, or we may know next week, who knows? Literally.

Purely outside perspective, but people’ve been complaining for quite a while that OpenAI seems to have bailed on their original mission. Sure looks like Altman was capitalism’ing the whole thing—maybe not on purpose, but because it’s just the only way he knows to operate—and had kinda half-sold it to Microsoft, which sure is corroborated by folks posting on here expecting MS to now be in a position to forcibly override the nonprofit board’s decisions, and by rumors that in fact that’s what’s goi

Why do people think it has to be some single big incident? Sam Altman has been the head of OpenAI for many years now, while the company has been in intense public spotlight only in the recent few months. The dynamic today is very different from 2019 or whenever he was hired. He also doesn't have any voting shares, which means he is entirely at the mercy of the board. It's entirely possible that they simply don't like the direction he has been taking the company in, and today was m

Related (possibly): OpenAI to remove non-profit control and give Sam Altman equityhttps://news.ycombinator.com/item?id=41651548

Partially it's weirdness from Open AI transitioning from non profit to profit, partially it's from people who are delusional about the dangers of AI, partly it's great unheard of offers from other companies.

Related / discussion:OpenAI to remove non-profit control and give Sam Altman equityhttps://news.ycombinator.com/item?id=41651548OpenAI to Become For-Profit Companyhttps://news.ycombinator.com/item?id=41655954

Doesn't this show a vested interest from pg and jessica in OpenAI? So it's hard for them to say anything negative.

OpenAI is a public benefit company with caps on profit to investors. It is backed by a non profit.So your whole argument is quite weak.