@floofloof@lemmy.ca to Technology@lemmy.worldEnglish • 7 months agoOpenAI Execs Mass Quit as Company Removes Control From Non-Profit Board and Hands It to Sam Altmanfuturism.comexternal-linkmessage-square167fedilinkarrow-up11.1Karrow-down15
arrow-up11.09Karrow-down1external-linkOpenAI Execs Mass Quit as Company Removes Control From Non-Profit Board and Hands It to Sam Altmanfuturism.com@floofloof@lemmy.ca to Technology@lemmy.worldEnglish • 7 months agomessage-square167fedilink
minus-square@logos@sh.itjust.workslinkfedilinkEnglish5•7 months agoWhy would they own equity in a non-profit?
minus-square@Knock_Knock_Lemmy_In@lemmy.worldlinkfedilinkEnglish1•7 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.