This restructuring is essentially a sophisticated maneuver toward wealth and power maximization shrouded in altruistic language.
Evolving OpenAI's Structure
41–50 of 746 posts
Re: Evolving OpenAI's Structure
#42From least to most speculative: * The nonprofit is staying the same, and will continue to control the for-profit entity OpenAI created to raise capital * The for-profit is changing from a capped-profit LLC to a PBC like Anthropic and Xai * These changes have been at least tacitly agreed to by the attorneys general of California and Delaware * The non-profit won’t be the largest shareholder in the PBC (likely Microsof…
Re: Evolving OpenAI's Structure
#43The newer version included sponsored products in its response. I thought that was quite effed up.
Re: Evolving OpenAI's Structure
#44Earlier quoted context omitted.
The EU does and has passed the AI act to reign in the worst consequences of this nuclear weapon. It has not been received well around here. The "digital god" angle might explain why. For many, this has become a religious movement, a savior for an otherwise doomed economic system.
Absolutely. It's frankly quite shocking to see how otherwise atheist or agnostic people have so quickly begun worshipping at the altar of "inevitable AGI apocalypse", much in the same way as how extremist Christians await the rapture.
Re: Evolving OpenAI's Structure
#45[flagged]
Re: Evolving OpenAI's Structure
#46Earlier quoted context omitted.
Lots of people in academia and industry are calling for more oversight. It's the US government that's behind. Europe's AI Act bans applications with unacceptable risk: https://en.wikipedia.org/wiki/Artificial_Intelligence_Act
Unless China handicaps the their progress as well (which they won’t, see made in China 2025), all you’re doing is handing the future to deepseek et al.
We can selectively ban uses without banning the technology wholesale; e.g., nuclear power generation is permitted, while nuclear weapons are strictly controlled.
Re: Evolving OpenAI's Structure
#47"We made the decision for the nonprofit to retain control of OpenAI after hearing from..." [CHIEF LAW ENFORCEMENT OFFICERS IN CALIFORNIA AND DELAWARE] This indicates that they didn't actually want the nonprofit to retain control and they're only doing it because they were forced to by threats of legal action.
Re: Evolving OpenAI's Structure
#48Earlier quoted context omitted.
That, or they don't care if they get to AGI first, and just want their payday now. Which sounds pretty in-line with the SV culture of putting profit above all else.
If they think AGI is imminent the value of that payday is very limited. I think the grandparent is more correct: OpenAI is admitting that near term AGI - which, being that the only one anyone really cares about is the case with exponential self improvement - isn't happening any time soon. But that much is obvious anyway despite the hyperbolic nonsense now common around AI discussions.
If I were a person like several of the people working on AI right now (or really, just heading up tech companies), I could be the kind to look at a possible world-ending event happening in the next - eh, year, let's say - and just want to have a party at the end of the world.
Five years to ten years? Harder to predict.
Re: Evolving OpenAI's Structure
#49I think this is one of the most interesting lines as it basically directly implies that leadership thinks this won't be a winner take all market: > Instead of our current complex capped-profit structure—which made sense when it looked like there might be one dominant AGI effort but doesn’t in a world of many great AGI companies—we are moving to a normal capital structure where everyone has stock. This is not a sale,…
Yeah; and:
We want to open source very capable models.
Seems like nary a daylight between DeepSeek R1, Sonnet 3.5, Gemini 2.5, & Grok3 really put things in perspective for them!Re: Evolving OpenAI's Structure
#50Earlier quoted context omitted.
Lots of people in academia and industry are calling for more oversight. It's the US government that's behind. Europe's AI Act bans applications with unacceptable risk: https://en.wikipedia.org/wiki/Artificial_Intelligence_Act
Unless China handicaps the their progress as well (which they won’t, see made in China 2025), all you’re doing is handing the future to deepseek et al.