There's more to this story. https://www.nongaap.com/p/openai-startup-fund-gp-hallucinati...
The AGI is now running OAI. Hide your paperclips.
No need to hide your paperclips. The AGI will make more.
OpenAI removes Sam Altman's ownership of its Startup Fund
21–30 of 48 posts
Re: OpenAI removes Sam Altman's ownership of its Startup Fund
#22i hope they're forced to convert into a normal for-profit model
give this man the shares he deserves, as well as any seed investors, stop all the petty drama and whatnot and let them be a company, it just makes sense. there was no way to know where the tech was going when they started
Re: OpenAI removes Sam Altman's ownership of its Startup Fund
#23There's more to this story. https://www.nongaap.com/p/openai-startup-fund-gp-hallucinati...
Using fictitious names on legal documents is a crime, isn't it? So if those names are truly not real people, then isn't it criminal to put them on notarized documents?
Re: OpenAI removes Sam Altman's ownership of its Startup Fund
#24There's more to this story. https://www.nongaap.com/p/openai-startup-fund-gp-hallucinati...
There's... a lot of other stuff that turns up on Google, including GPT chatbots associated with "Vespers Inc" that claim to help people with online filing, name overlaps with people who had genuine court cases filed against them in California several years ago, a defunct and obviously spammy Vespers Inc LinkedIn AI and Cybersecurity profile, and a Github profile of a "Governmental Forensic Fraud Investigator that shares the online filings' interests in Pirate Stock(s) and er.. other overlaps. Oh, and a LinkedIn profile of a Jacob Vespers, supposedly an Orange County Station Chief involved in "Persona Creation" for the CIA!
I'm inclined to go with this interpretation: https://news.ycombinator.com/item?id=39875809
But I will say that if it turns out that Sam's latest scheme for world domination has been foiled by him dogfooding his own product, then it's very very funny
Re: OpenAI removes Sam Altman's ownership of its Startup Fund
#25There's more to this story. https://www.nongaap.com/p/openai-startup-fund-gp-hallucinati...
Using fictitious names on legal documents is a crime, isn't it? So if those names are truly not real people, then isn't it criminal to put them on notarized documents?
It is a crime, although it doesn't seem to be public knowledge who actually did it. The "Jrbiltmore" account is the most likely suspect, but AFAIK that's just speculation at this point.
Re: OpenAI removes Sam Altman's ownership of its Startup Fund
#26Re: OpenAI removes Sam Altman's ownership of its Startup Fund
#27"OpenAI has said Altman does not have financial interest in the fund despite the ownership." Can someone explain how this could be true?
Sometimes I wonder exactly how much financial engineering a "non profit" entity is supposed to need...
Re: OpenAI removes Sam Altman's ownership of its Startup Fund
#28Is the fund actually owned by OpenAI the company or OpenAI the non-profit? I thought it was a separate entity that basically had the name and Sam's ownership attached, and was owned and operated separately.
Re: OpenAI removes Sam Altman's ownership of its Startup Fund
#29Not a lawyer, what does this mean? Is this yet another attempt by OpenAI to remove Sam Altman?
Re: OpenAI removes Sam Altman's ownership of its Startup Fund
#30There's more to this story. https://www.nongaap.com/p/openai-startup-fund-gp-hallucinati...
I feel like this is more interesting than the original post. Though I am not sure what I am supposed to make out of this: is it 1. shady operations using fake identities with their signatures or 2. an early example of OAI trying to use AI for making money through investments? I lean towards the first one. I mean maybe there is an explanation which makes this seem more reasonable. Do people create boards with fake directors and owners for companies?