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OpenAI to become for-profit company

reuters.com

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Re: OpenAI to become for-profit company

#231

Post by 0xDEAFBEAD »

mminer237 wrote: post #140
0xDEAFBEAD wrote: post #69

Earlier quoted context omitted.

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.

So perhaps we can start a campaign of writing letters to her?

I'm curious about the "fiduciary duty" part. As a member of humanity, it would appear that OpenAI has a fiduciary duty to me. Does that give me standing? Suppose I say that OpenAI compromises my safety (and thus finances) by failing to discuss risks, having a poor safety culture (as illustrated by employee exits), and racing. Would that fly?

Re: OpenAI to become for-profit company

#232

Post by llm_trw »

barbazoo wrote: post #208
mdgrech23 wrote: post #126

Earlier quoted context omitted.

The people running the show are well connected and stand to make billions as do would be investors. Give a few key players a share in the company and they forget their government jobs to regulate.

More likely the legal system just hasn’t caught up.

Maybe, but for the first time in a century there is more money to be made in weakening copyright rather than strengthening it.

Re: OpenAI to become for-profit company

#233

Post by causal »

dev1ycan wrote: post #148

Sam altman is just trying to cash out before the crash comes, the new model was nothing more than a glorified recursive gpt 4

Considering all the high level departures, this makes the most sense to me. Their valuation largely rests on this mystique they've built that says they alone are destined to unlock AGI. But there's just no reason to believe they have a secret sauce nobody else can reproduce.

Seems more likely that OpenAI's biggest secret is that they have no secrets, and they are desperately trying to come up with a second act as tech companies with more robust product portfolios begin to catch up.

Re: OpenAI to become for-profit company

#234

Post by null_investor »

espadrine wrote: post #164
UI_at_80x24 wrote: post #108

Earlier quoted context omitted.

I'm ignorant on this topic so please excuse me. Why did `AI` happen now? What was the secret sauce that OpenAI did that seemed to make this explode into being all of a sudden? My general impression was that the concept of 'how it works' existed for a long time, it was only recently that video cards had enough VRAM to hold the matrix(?) within memory to do the necessary calculations. If anybody knows, not just the per…

A short history: 1986: Geoffrey Hinton publishes the backpropagation algorithm as applied to neural networks, allowing more efficient training. 2011: Jeff Dean starts Google Brain. 2012: Ilya Sutskever and Geoffrey Hinton publish AlexNet, which demonstrates that using GPUs yields quicker training on deep networks, surpassing non-neural-network participants by a wide margin on an image categorization competition. 2013…

This is not accurate. OpenAI and other companies could do it not entirely because of transformers but because of the hardware that can compute faster.

We've had upgrades to hardware, mostly led by NVidia, that made it possible.

New LLMs don't even rely that much on that aforementioned older architecture, right now it's mostly about compute and the quality of data.

I remember seeing some graphs that shows that the whole "learning" phenomena that we see with neural nets is mostly about compute and quality of data, the model and optimizations just being the cherry on the cake.

Re: OpenAI to become for-profit company

#236

Post by Eliezer »

lenerdenator wrote: post #174

Are you meaning to tell me that the whole nonprofit thing was just a shtick to get people to think that this generation of SV "founders" was going to save the world, for real this time guys? I'm shocked. Shocked! I better stock up on ways of disrupting computational machinery and communications from a distance. They'll build SkyNet if it means more value for shareholders.

This is not how nonprofits usually work. This is blatant fraud. I cannot think of any other case besides OpenAI of this particular shenanigan being pulled.

Re: OpenAI to become for-profit company

#237

Post by n2d4 »

kweingar wrote: post #219

Can anybody explain how this actually works? What happens to all of the non-profit's assets? They can't just give it away for investors to own. The non-profit could maybe sell its assets to investors, but then what would it do with the money? I'm sure OpenAI has an explanation, but I really want to hear more details. In the most simple analysis of "non-profit becomes for-profit", there's really no way to square it ot…

After the non-profit sells its assets, it would either donate the proceeds in a way that would be aligned with the original mission, or continue to exist as a bag of cash, basically.

Re: OpenAI to become for-profit company

#238

Post by moralestapia »

tomp wrote: post #227
moralestapia wrote: post #209

Earlier quoted context omitted.

It's not weird, it's illegal. There's a lot of jurisdiction around preventing this sort of abuse of the non-profit concept. The reason why the people involved are not on trial right now is a bit of a mystery to me, but could be a combination of: * Still too soon, all of this really took shape in the past year or two. * Only Musk has sued them, so far, and that happened last month. * There's some favoritism from the g…

> Dismantling OpenAI is actually a business strategy for many other players now. Which ones exactly? NVIDIA is drinking sweet money from OpenAI. Microsoft & Apple are in cahoots with it. Meta/Facebook seems happy to compete with OpenAI on a fair playing field. Anthropic lacks the resources. Amazon doesn't seem to care. Google is asleep.

>NVIDIA is drinking sweet money from OpenAI.

NVIDIA makes money from any company doing AI. I would be surprised if OpenAI was a whole digit percentage of their revenue.

>Microsoft & Apple are in cahoots with it.

Nope. Apple is using OpenAI to fill holes their current model is not good at. This doesn't sound like a long-term partnership.

>Meta/Facebook seems happy to compete with OpenAI on a fair playing field.

They want open source models to rule, obliterating proprietary models out of existence, while at it.

>Anthropic lacks the resources.

Hence why it would be better for them if OpenAI would not exist. It's the same with all other AI companies out there.

>Amazon doesn't seem to care.

Citation needed, AWS keeps putting out products which are their market leaders, they just don't make a big fuzz about it.

>Google is asleep.

I'll give you this one. I have no idea why they keep Pichai around.

Re: OpenAI to become for-profit company

#239

Post by blackeyeblitzar »

espadrine wrote: post #164
UI_at_80x24 wrote: post #108

Earlier quoted context omitted.

I'm ignorant on this topic so please excuse me. Why did `AI` happen now? What was the secret sauce that OpenAI did that seemed to make this explode into being all of a sudden? My general impression was that the concept of 'how it works' existed for a long time, it was only recently that video cards had enough VRAM to hold the matrix(?) within memory to do the necessary calculations. If anybody knows, not just the per…

A short history: 1986: Geoffrey Hinton publishes the backpropagation algorithm as applied to neural networks, allowing more efficient training. 2011: Jeff Dean starts Google Brain. 2012: Ilya Sutskever and Geoffrey Hinton publish AlexNet, which demonstrates that using GPUs yields quicker training on deep networks, surpassing non-neural-network participants by a wide margin on an image categorization competition. 2013…

I thought Elon Musk is who personally recruited Ilya to join OpenAI, which he funded early on, alongside others?
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