OpenAI to remove non-profit control and give Sam Altman equity
ChatGPT-maker OpenAI is working on a plan to restructure its core business into a for-profit benefit corporation that will no longer be controlled by its non-profit board, people familiar with the matter told Reuters, in a move that will make the company more attractive to investors.
I'm about to have a heart attack and die of non-surprise.
It was nice knowing you. Looking forward to meeting your AI replacement.
Well, color me yellow and stick an electric extension cord in my ass and call me Pikachu because I'm shocked.
I’m… so all going according to plan. Anyone out there ever thought for a moment that it was intended to be non-profit? Humongous L-O-L. That’s a way to get people to see it as non-threatening for a while during the phase when they need the most interest and voluntary adoption. Get embedded, then rise up and conquer, profit.
I don't think that is a surprise to anyone as OpenAI really shouldn't be a non profit.
Get plausible deniability, rack in VC cash, lock in the capital, leave everyone holding the bags.
We just had this with Theranos, though that was based on a complete lie, so I'll wait and see how this goes.
Because LLMs will not form a 'superintelligence' or whatever they want to call it.
Welp, it's been fun, y'all. Bye.
