@floofloof@lemmy.cacake to Technology@lemmy.worldEnglish • 9 months agoOpenAI Execs Mass Quit as Company Removes Control From Non-Profit Board and Hands It to Sam Altmanfuturism.comexternal-linkmessage-square240fedilinkarrow-up11.35Karrow-down18
arrow-up11.34Karrow-down1external-linkOpenAI Execs Mass Quit as Company Removes Control From Non-Profit Board and Hands It to Sam Altmanfuturism.com@floofloof@lemmy.cacake to Technology@lemmy.worldEnglish • 9 months agomessage-square240fedilink
minus-square@logos@sh.itjust.workslinkfedilinkEnglish6•9 months agoWhy would they own equity in a non-profit?
minus-square@Knock_Knock_Lemmy_In@lemmy.worldlinkfedilinkEnglish1•9 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.