Earlier quoted context omitted.
The organization consists of the non-profit OpenAI, Inc. registered in Delaware and its for-profit subsidiary OpenAI Global, LLC. (From Wikipedia)
A non-profit can have a for-profit subsidiary?
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Elon Musk sues Sam Altman, Greg Brockman, and OpenAI [pdf]
221–230 of 1001 posts
Re: Elon Musk sues Sam Altman, Greg Brockman, and OpenAI [pdf]
#222Earlier quoted context omitted.
The organization consists of the non-profit OpenAI, Inc. registered in Delaware and its for-profit subsidiary OpenAI Global, LLC. (From Wikipedia)
A non-profit can have a for-profit subsidiary?
I had the same question: https://news.ycombinator.com/item?id=38332460
Apparently a non-profit can own all the shares of a for-profit
Re: Elon Musk sues Sam Altman, Greg Brockman, and OpenAI [pdf]
#223imo the most interesting page is page 40 if you don't feel like reading the whole thing. [1] https://news.ycombinator.com/item?id=39562778
"I think for a governance structure, we should start with 5
people and I'd propose you, [REDACTED], [REDACTED], [REDACTED], and me. Technology would be owned by the foundation and used "for the good of the world", and in cases where it's not obvious how that should be applied the 5 of us would decide."
You can find the number of letters of the redacted text and then guess who they are. It's fun!
Re: Elon Musk sues Sam Altman, Greg Brockman, and OpenAI [pdf]
#224OpenAi is also being investigated by the SEC. If "Altman hadn’t been consistently candid in his communications with the board" is interpreted as being misleading then that could be interpreted as misleading investors and therefore securities fraud. https://www.wsj.com/tech/sec-investigating-whether-openai-in...
the statements made by the board were likely sufficient to trigger invesigation and the current iteration of the government (2010+) wants to have dirt on anything this big
Re: Elon Musk sues Sam Altman, Greg Brockman, and OpenAI [pdf]
#225Now we know who was behind all the past OpenAI drama. Mask Off (pun unindented)
Re: Elon Musk sues Sam Altman, Greg Brockman, and OpenAI [pdf]
#226Earlier quoted context omitted.
Yeah, OpenAI basically grafted a for-profit entity onto the non-profit to bypass their entire mission. They’re now extremely closed AI, and are valued at $80+ billion. If I donated millions to them, I’d be furious.
It's almost like the guy behind an obvious grift like Worldcoin doesn't always work in good faith. What gives me even less sympathy for Altman is that he took OpenAI, whose mission was open AI, and turned it not only closed but then immediately started a world tour trying to weaponize fear-mongering to convince governments to effectively outlaw actually open AI.
I have no specific sympathy for Altman one way or the other, but:
Why is Worldcoin a grift?
And I believe his argument for it not being open is safety.
Re: Elon Musk sues Sam Altman, Greg Brockman, and OpenAI [pdf]
#227> GPT-4 is an AGI algorithm That claim is audacious.
Would be insane if the court case ended up hinging on whether AGI had been achieved internally or not
Re: Elon Musk sues Sam Altman, Greg Brockman, and OpenAI [pdf]
#228Earlier quoted context omitted.
The public has no idea what non-profits are and a lot of things that people call 'profit seeking ventures' (ie. selling products) are done by many non-profits.
why do people in our industry always make the assumption that everyone else are morons? The populace understands what a non-profit is.
Re: Elon Musk sues Sam Altman, Greg Brockman, and OpenAI [pdf]
#229In what capacity is Musk suing OpenAI? Musk may have co-founded the company, but then he left (to avoid any potential future conflict of interest with his role as CEO of Tesla, as Tesla was increasingly becoming an AI-intensive company). Is he a shareholder, if not what gives him any say in the future of the company?
The essential theory of the case is that OpenAI is misusing the funds Musk donated to it. reads prayer for relief > For a judicial determination that GPT-4 constitutes Artificial General Intelligence Okay, WTF? I'm going to have to read the entire complaint now.....
I think OpenAI has been using the excuse that GPT-4 is not AGI, and therefore can remain closed-source.
Re: Elon Musk sues Sam Altman, Greg Brockman, and OpenAI [pdf]
#230Earlier quoted context omitted.
Well Elon was forced to buy Twitter that way
I think this is downvoted because (and I could be wrong) he could have paid a breakup fee instead of buying the business. So he wasn't compelled to actually own and operate the business.
No. He couldn't back out as he had already agreed to the 44B. The breakup fee was for if the deal fell through for other reasons, such as Twitter backing out or the government blocking it. https://www.nytimes.com/2022/07/12/technology/twitter-musk-l...