floofloof@lemmy.ca to Technology@lemmy.worldEnglish · 1 month agoOpenAI Execs Mass Quit as Company Removes Control From Non-Profit Board and Hands It to Sam Altmanfuturism.comexternal-linkmessage-square243fedilinkarrow-up11.34Karrow-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 · 1 month agomessage-square243fedilink
minus-squarelogos@sh.itjust.workslinkfedilinkEnglisharrow-up6·1 month agoWhy would they own equity in a non-profit?
minus-squarePugJesus@lemmy.worldlinkfedilinkEnglisharrow-up4·1 month agoBecause this was always the plan.
minus-squareKnock_Knock_Lemmy_In@lemmy.worldlinkfedilinkEnglisharrow-up1·1 month 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.