floofloof@lemmy.ca to Technology@lemmy.worldEnglish · 3 months agoOpenAI Execs Mass Quit as Company Removes Control From Non-Profit Board and Hands It to Sam Altmanfuturism.comexternal-linkmessage-square240fedilinkarrow-up11.33Karrow-down18
arrow-up11.33Karrow-down1external-linkOpenAI Execs Mass Quit as Company Removes Control From Non-Profit Board and Hands It to Sam Altmanfuturism.comfloofloof@lemmy.ca to Technology@lemmy.worldEnglish · 3 months agomessage-square240fedilink
minus-squarelogos@sh.itjust.workslinkfedilinkEnglisharrow-up6·3 months agoWhy would they own equity in a non-profit?
minus-squarePugJesus@lemmy.worldlinkfedilinkEnglisharrow-up4·3 months agoBecause this was always the plan.
minus-squareKnock_Knock_Lemmy_In@lemmy.worldlinkfedilinkEnglisharrow-up1·3 months agoIn theory there would be no profits to distribute, but there would be control of direction via voting rights.
Why would they own equity in a non-profit?
Because this was always the plan.
In theory there would be no profits to distribute, but there would be control of direction via voting rights.