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Elon Musk sues Sam Altman, Greg Brockman, and OpenAI [pdf]
311–320 of 1001 posts
Re: Elon Musk sues Sam Altman, Greg Brockman, and OpenAI [pdf]
#312Earlier 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.
It's a thread about OpenAI. Some people seem to spend their days looking for ways to make every thread about their angst over Musk purchasing Twitter and will shove it into any conversation they can without regard of its applicability to the thread's subject. Tangent conversations happen but they get tedious after a while when they're motivated by anger and the same ones pop up constantly. Yes, the thread is about Musk, that doesn't mean his taste in music should be part of the conversation any more than some additional whining about him buying Twitter should be.
Re: Elon Musk sues Sam Altman, Greg Brockman, and OpenAI [pdf]
#313Unsurprising turn of events. Musk can't stand not being at the top of the food chain, and it's been widely reported on that he's felt "left out" as AI has taken off while he has been consumed by the disaster he created for himself over at X - https://www.businessinsider.com/elon-musk-ai-boom-openai-wal... I can imagine Musk losing sleep knowing that a smart, young, gay founder who refuses to show him deference is out…
Genuinely curious why I'm getting downvoted - similar comments don't appear to have met the same fate, and I'm by no means defending Altman or OpenAI. If it's because I mentioned that Altman is gay - and I can't find another reason - I think that's relevant in context of Musk's recent hard shift rightward and his consistently aggressive, unprovoked behavior toward LGBTQ people. For some reason the topic looms large i…
It seems like he's talked a lot about the T in LGBTQ, not so much the G? Evidence that he would be especially incensed at getting beat by a gay guy seems thin on the ground unless we insist on treating LGBTQ as a bloc.
(I don't exactly keep up with Musk's doings, though.)
Re: Elon Musk sues Sam Altman, Greg Brockman, and OpenAI [pdf]
#314Earlier 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.
> A person is smart. People are dumb, panicky dangerous animals
Re: Elon Musk sues Sam Altman, Greg Brockman, and OpenAI [pdf]
#315Earlier 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.
Nobody promised open sourced AI, despite the name. Exhibit B, page 40, Altman to Musk email: "We'd have an ongoing conversation about what work should be open-sourced and what shouldn't."
Do you think payroll should be open source? Even if yes it’s something you should discuss first. This isn’t a damming statement
Re: Elon Musk sues Sam Altman, Greg Brockman, and OpenAI [pdf]
#316There is a lot in here but turning a non-profit into a for-profit definitely should be challenged. Otherwise why wouldn't everyone start as a non-profit, develop your IP, and then switch to 'for-profit' mode once you got something that works? You don't pay income taxes and your investors get write offs.
Isn't this how drugs get developed? Even worse, the research is done using public funds, and then privatized and commercialized later.
This is a huge problem in the US. Tax-payers are subsidizing a lot of medical advances, then the US government gives it to the private sector, privatizing whatever medical advances were paid by tax-dollars.
Socialism seems to create a lot of markets for the Capitalist private sector.
Re: Elon Musk sues Sam Altman, Greg Brockman, and OpenAI [pdf]
#317OpenAi 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...
Isn’t everything securities fraud though
Even this comment?
Re: Elon Musk sues Sam Altman, Greg Brockman, and OpenAI [pdf]
#318Earlier quoted context omitted.
But it keeps the intangible benefits it accrued by being ostensibly non-profit, and that can easily be worth the money paid in taxes. Otherwise, why do you think OpenAI is doing it?
> it keeps the intangible benefits it accrued by being ostensibly non-profit but there would be no different to a for-profit entity right? i.e even for-profit entities get tax benefits if they convert their profits to intangibles this is my thinking. Open AI non-profit gets donations, uses those donations to make a profit, converts this profit to intangibles to avoid paying taxes, and pumps these intangibles into the…
Maybe we're using different definitions of "intangible", but if you can "convert" them to/from profits they're not intangible in my book. I'm thinking donated effort, people they recruited who wouldn't have signed up if then company was for-profit, mainly goodwill related stuff.
Re: Elon Musk sues Sam Altman, Greg Brockman, and OpenAI [pdf]
#319Earlier quoted context omitted.
They didn't "turn it into" a for-profit though, they created a separate for-profit arm. This one is unusually successful but that's not an unusual thing for even "regular" charities to do in order to engage in some activities that they wouldn't normally be able to.
And transferred everything they did to that arm. I'm all for tax avoidance, but the rules should apply to everyone equally. Small ma and pa businesses don't have the money to hire armies of lawyers for these legal machinations
I guess "mom-and-pop businesses" are probably not started as charities in the first place in most cases so I don't really get what you are trying to say.
Re: Elon Musk sues Sam Altman, Greg Brockman, and OpenAI [pdf]
#320I don't even particularly like Musk, but I definitely despise M$ and their comic-book tier villanous shenanigans even more. Here's to hoping M$ gets fucked in this.
Musk is even more cartoonishly villainous than MS. This is pretty much Lex Luthor against Darkseid. Unless it results in mutual destruction, doesn't matter who wins, everybody else loses. My take is that Elon is suing OpenAI because he left OpenAI before they opened a commercial venture, which means he doesn't benefit from the companies current valuation, so he's using the courts to try to strong arm the foundation i…
Yeah that'd be the ideal turn of events, if both M$ and Elon got fucked by this
In my dream world we'd nuke M$ from orbit and splinter it into a trillion tiny little pieces... A man can dream