Earlier quoted context omitted.
I think this underestimates the degree to which the people on these companies legitimately believe what they’re saying. I’ve worked at one of these companies and absolutely would fall into your category of being a true believer at the time. People of all stripes are extremely willing to embrace ideas that justify their own personal benefit. A rich person might be more likely to believe in trickle-down economics becau…
> It’s not just being a gullible true believer ... “It is difficult to get a man to understand something, when his salary depends upon his not understanding it!” - Upton Sinclair (1930's ?)
Why OpenAI's Structure Must Evolve to Advance Our Mission
231–240 of 339 posts
Re: Why OpenAI's Structure Must Evolve to Advance Our Mission
#232It is curious, and perhaps very telling, that _nobody_ felt comfortable enough to put their name to this post.
Re: Why OpenAI's Structure Must Evolve to Advance Our Mission
#233Earlier quoted context omitted.
> Everyone has a price, is this meant to be shocking? Left a very-well paying job over conscience reasons. TC was ~3x higher than I could get elsewhere without immigrating, probably higher than anywhere relative to CoL. I wasn't even doing defense stuff, crypto scams or anything clearly questionable like that, just clients were mostly in fossil-fuel adjacent sectors. Come from a lower-class background and haven't bui…
There is a huge difference between being “principled” between 3x and 1x when you are going from 200K to 600K and when you are going from $50K to $150K. Once you have “enough”, your personal marginal utility for money changes. Would you go from what you are making now to being an at home nurse taking care of special needs kids for $16/hour?
If it'd be anything remotely like the former, I would have built up sizable assets (which I didn't), especially as I mentioned relative to CoL :)
Re: Why OpenAI's Structure Must Evolve to Advance Our Mission
#234Earlier quoted context omitted.
> But to outsiders, it looks like a scam or bait-and-switch. It doesn't look like one - it is one. > We’re excited to welcome the following new donors to OpenAI: Jed McCaleb (opens in a new window), Gabe Newell (opens in a new window), Michael Seibel (opens in a new window), Jaan Tallinn (opens in a new window), and Ashton Eaton (opens in a new window) and Brianne Theisen-Eaton (opens in a new window). Reid Hoffman (…
>It doesn't look like one - it is one. > We’re excited to welcome the following new donors to OpenAI: ... The story is that OpenAI worked out some equity conversion of the for-profit co for the donors to the non-profit. Elon Musk was the notable holdout. Elon was offered some unknown percentage for his ~$40 million donation but he refused. Seems like the donors are ok with OpenAI pivot to for-profit ... except for El…
These people "donated to a non-profit". They did not "invest in a for-profit".
If the Red Cross suddenly turns into a for-profit and then says "well we'll give our donators of the past few years equity in our new company", this does not make it any less of a scam.
> Seems like the donors are ok with OpenAI pivot to for-profit
If you have information that shows this, feel free to add it. "Not suing" is not the same as that. Very few people sue even when they feel they're scammed.
Re: Why OpenAI's Structure Must Evolve to Advance Our Mission
#235Start of the article: > OpenAI’s Board of Directors is evaluating our corporate structure in order to best support the mission of ensuring artificial general intelligence (AGI)1 Footnote 1: > A highly autonomous system that outperforms humans at most economically valuable work. A very interesting definition of AGI.
At least it's better than their secret internal definition. https://gizmodo.com/leaked-documents-show-openai-has-a-very-...
Re: Why OpenAI's Structure Must Evolve to Advance Our Mission
#236Earlier quoted context omitted.
"We are turning our non profit into a for profit because we want to make money" isn't legal. To make this transition in a way that maximizes how much money they can make while minimizing what they lose to lawsuits they need to explain what they're doing in a positive way.
> "We are turning our non profit into a for profit because we want to make money" isn't legal. Source? The NFL did this because they were already making a lot of money. As I understand it, the tax laws practically required the change.
Re: Why OpenAI's Structure Must Evolve to Advance Our Mission
#237Earlier quoted context omitted.
There is a huge difference between being “principled” between 3x and 1x when you are going from 200K to 600K and when you are going from $50K to $150K. Once you have “enough”, your personal marginal utility for money changes. Would you go from what you are making now to being an at home nurse taking care of special needs kids for $16/hour?
> There is a huge difference between being “principled” between 3x and 1x when you are going from 200K to 600K and when you are going from $50K to $150K. If it'd be anything remotely like the former, I would have built up sizable assets (which I didn't), especially as I mentioned relative to CoL :)
What did you give up in your lifestyle that you personally valued to choose a lower paying job?
I’m 50, (step)kids are grown, we downsized from the big house in the burbs to a condo in a state tax free state, etc and while I could make “FAANG” total compensation (been there done that), I much prefer a more laid back job, remote work, freedom to travel,etc. I also have always hated large companies.
I would have made different choices a decade ago if the opportunities had arisen.
I’m well aware that my income puts me at the top quintile of household income (while still lower than a mid level developer at any of the BigTech companies).
https://dqydj.com/household-income-percentile-calculator/
Be as vague as you are comfortable with. But where are you with respect to the median income locally?
Re: Why OpenAI's Structure Must Evolve to Advance Our Mission
#238Re: Why OpenAI's Structure Must Evolve to Advance Our Mission
#239Our current structure does not allow the Board to directly consider the interests of those who would finance the mission and does not enable the non-profit to easily do more than control the for-profit. I kind of thought that was the point of the current structure.
Re: Why OpenAI's Structure Must Evolve to Advance Our Mission
#240that's exactly how a non-profit is supposed to be -- it considers the interests of the mission, not the interests of those who finance the mission
I hate this weaselly newspeak.