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OpenAI to become for-profit company

reuters.com

131–140 of 809 posts

Re: OpenAI to become for-profit company

#131
post #77

Earlier quoted context omitted.

ClopenAI

I hope some journalist popularizes "clopen" as a neologism to describe organizations that claim to be open and transparent but in practice are closed and opaque. Or "clopen-source software", projects that claim to be open-source but vital pieces are proprietary.

Probably most people here don't know this (and probably not totally universal), but a "clopen" is what you call it when you have to work a morning shift the day after having worked an evening shift.

Re: OpenAI to become for-profit company

#132

Earlier quoted context omitted.

To me this is a no brainer. If it’s a choice between having AI and not,

Even if the knock-on effect is "all the artists and thinkers who contributed to the uncompensated free training set give up and stop creating new stuff"?

If an "artist" or "thinker" stops because of this, I question their motivations and those labels in the first place.

Re: OpenAI to become for-profit company

#133

The most surprising thing to me in this is that the non-profit will still exist. Not sure what the point of it is anymore. Taken as a whole, OpenAI is now just a for-profit entity beholden to investors and Sam Altman as a shareholder. The non-profit is really just vestigial. I guess technically it's supposed to play some role in making sure OpenAI "benefits humanity". But as we've seen multiple times, whenever that g…

> The most surprising thing to me in this is that the non-profit will still exist. That entity will scrape the internet and train the models and claim that "it's just research" to be able to claim that all is fair-use. At this point it's not even funny anymore.

> The most surprising thing to me in this is that the non-profit will still exist.

I'm surprised people are surprised.

>> That entity will scrape the internet and train the models and claim that "it's just research" to be able to claim that all is fair-use.

a lot of people and entities do this though... openAI is in the spotlight, but scraping everything and selling it is the business model for a lot of companies...

Re: OpenAI to become for-profit company

#134

The fact that this has just disappeared from the front page for me, just like the previous post ( https://news.ycombinator.com/item?id=41651548 ), somehow leaves a bitter taste in my mouth.

https://hnrankings.info/41655954/

Looks like it was flagged, before being brought back by an admin. This happens quite often.

Re: OpenAI to become for-profit company

#136

The fact that this has just disappeared from the front page for me, just like the previous post ( https://news.ycombinator.com/item?id=41651548 ), somehow leaves a bitter taste in my mouth.

The previous post never entered the front page at all:

https://hnrankings.info/41651548/

It somehow got enough attention to get to 300+ votes while being entirely suppressed from the front page.

This one looks like it triggered a flag before being fixed:

https://hnrankings.info/41655954/

Re: OpenAI to become for-profit company

#137
post #43
post #20

I know nothing about companies (esp. in the US), but I find it weird that a company can go from non-profit to for-profit? Surely this would be taken advantage of. Can someone explain me how this work?

That was the point musk was complaining about. In practice it’s doable though. You can just create a new legal entity and move stuff and/or do future value creating activity in the new co. IF everyone is on board with the plan on both sides of the move then that’s totally doable with enough lawyers and accountants

If the non-profit is on board with that though, then they're breaking the law. The IRS should reclassify them as a for-profit for private inurement and the attorney general should have the entire board removed and replaced.

Re: OpenAI to become for-profit company

#138

Earlier quoted context omitted.

> The most surprising thing to me in this is that the non-profit will still exist. That entity will scrape the internet and train the models and claim that "it's just research" to be able to claim that all is fair-use. At this point it's not even funny anymore.

> The most surprising thing to me in this is that the non-profit will still exist. I'm surprised people are surprised. >> That entity will scrape the internet and train the models and claim that "it's just research" to be able to claim that all is fair-use. a lot of people and entities do this though... openAI is in the spotlight, but scraping everything and selling it is the business model for a lot of companies...

Scraping the web, creating maps and pointing people to the source is one thing; scraping the web, creating content from that scraping without attributing any of the source material, and arguing that the outcome is completely novel and original is another.

In my eyes, all genAI companies/tools are the same. I dislike all equally, and I use none of them.

Re: OpenAI to become for-profit company

#140
post #43

Earlier quoted context omitted.

That was the point musk was complaining about. In practice it’s doable though. You can just create a new legal entity and move stuff and/or do future value creating activity in the new co. IF everyone is on board with the plan on both sides of the move then that’s totally doable with enough lawyers and accountants

ICYMI, Elon Musk restarted his lawsuit a month or two ago: https://www.reuters.com/technology/elon-musk-revives-lawsuit... I'm wondering if OpenAI's charter might provide a useful legal angle. The charter states: >OpenAI’s mission is to ensure that [AGI ...] benefits all of humanity. >... >We commit to use any influence we obtain over AGI’s deployment to ensure it is used for the benefit of all, and to avoid enabling…

It would think it is legally enforceable, but I suspect Kathy Jennings is the only person who has standing to sue over it.
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