OpenAI has revised its plan to turn into a for profit company. [OpenAI] The original OpenAI corporate structure was bizarre. The nonprofit owned the for-profit company that spent the money and did …
  • YourNetworkIsHaunted@awful.systemsEnglish
    8·
    18 hours ago

    My gut says that there’s no way they do this without converting at least some of those revenue shares into ownership shares.

    Also has anyone done the math on how much of OpenAI’d future profits are committed? I will laugh so hard if Sam Altman ends up in prison for the same reason as Max Bialystok.

    • YourNetworkIsHaunted@awful.systemsEnglish
      7·
      15 hours ago

      With apologies to anyone with taste:

      Sam Francisco was in trouble. Need to find another bubble

      Where could that cash be? Seeking rents for me…

      But now it’s…

      SPRINGTIME! For AI! And VC Bros!

      Winter! For Users! Like you

      We’re marching to a faster pace! Effective now: accelerate!

      …

      As a bonus you can even keep the “don’t be stupid, be a smarty” line from the original show

  • 0x01@lemmy.mlEnglish
    65·
    24 hours ago

    Who cares what elon thinks? And I’m not sure there was ever a world where openai would have truly let the nonprofit arm take over.

      • scruiser@awful.systemsEnglish
        10·
        23 hours ago

        On the other hand, it doesn’t matter what Elon actually thinks, because he would probably go through with the lawsuit given any available pretext because he’s mad he got kicked out and couldn’t commercialize OpenAI exactly like Sam tried.

        • blakestacey@awful.systemsEnglish
          7·
          19 hours ago

          Well, as ever with Musk, the verb thinks has to be used in a loose sense, to refer to whatever thoughtlike products he brings back from the bottom of a K-hole.

        • froztbyte@awful.systemsEnglish
          4·
          21 hours ago

          a truth, but not one to “give to” felon

          (I do realize you weren’t doing so, more posting this for … others. that may come upon this thread. and decide to volunteer as bodyshields.)

    • jaschop@awful.systemsEnglish
      8·
      22 hours ago

      I’m interpreting your phrasing as you believing that the non-profit “taking over” is somehow good, because profit motive bad presumably. But regardless of incentives, everyone involved is trying to flood the world with slop by incinerating cash and processors on industrial scales.

      But so far the cash incinerator has been running on speculative financial products issued by a club of esoteric computer scientists trying to awaken the robot god. Investors are slightly uncomfortable with this, so Sammy boy is trying to offer them a more traditional vehicle to incinerate their cash (while indulging in his personal profit motive a bit).