Earlier quoted context omitted.
The objectional part would be: - in 2019, OpenAI created a capped-profit subsidiary in order to attract funding from commercial entities Particularly if it creates a conflict of interest for anyone making decisions on behalf of the nonprofit
100% disagree. - in 2025, OpenAI’s for-profit entity recapitalized from a capped-profit entity with residuals flowing to the nonprofit to a traditional public benefit corporation with traditional equity This is the egregious part. Before full for profit conversion it was worth $300B. Then after $850B. A true fiduciary would set an auction and that would set the price for for profit valuation. And then all existing in…
Greg Brockman interview [video]
251–260 of 276 posts
Re: Greg Brockman interview [video]
#252Earlier quoted context omitted.
HN is of course not a monolith, but from my recollection most of the frustration and criticism w/r/t Mozilla is about its product strategy and executive team, not its corporate structure. Some other examples of nonprofits with for-profit subsidiaries include National Geographic, the AARP, and most research universities. On Altman, the trial showed that Altman does not have any equity in the for-profit. He does have s…
He tried to get 11% equity but the trial made that impossible.
Re: Greg Brockman interview [video]
#253Earlier quoted context omitted.
Wait, no, not at all. A non-profit shouldn’t have to take the highest bidder regardless. The whole _point_ of a non-profit is to act beyond purely short-term financial gains. “Elon buying this doesn’t align with the mission” is a completely normal, reasonable, and healthy response for most non-profits. What’s great is that we don’t need to speculate about a counter factual. He did end up building a chatbot! Whose def…
But the decision is still subject to heavy scrutiny; in fact, more than with normal for profit corporations. It does not seem like the board acted in the best interests of the nonprofit here, they acted in their own.
Re: Greg Brockman interview [video]
#254Earlier quoted context omitted.
What about stealing 12 million books of copyrighted human culture, at massive scale, and then enclosing the value created inside proprietary, investor-backed systems? Something wrong with that? What happens if you go tomorrow, downtown San Francisco, and leave a bookstore with one book without paying? "Behind every great fortune there is a crime" - Honoré de Balzac
Learning is not theft.
Re: Greg Brockman interview [video]
#255Earlier quoted context omitted.
If his entire personal diary got exposed and that's the worst that's in it, good for him.
Worse? There is nothing wrong with wanting 1B. Anybody who said they wouldn't want it is lying.
Re: Greg Brockman interview [video]
#256Earlier quoted context omitted.
Worse? There is nothing wrong with wanting 1B. Anybody who said they wouldn't want it is lying.
Do you understand the kind of self-absorbed asshole you have to be, to seriously write in your diary, what do I need to do, to have wealth equal to the GDP of the Solomon Islands or the Seychelles? :-)
I remember when having 10k was a goal. Then it become having 100k.
It's the same after. Once you have 1M, you'd like 2, 5, 10.
Re: Greg Brockman interview [video]
#257Why can't someone ask what happened in Ilya's mind. Firing Sam and then signing the solidarity letter of Sam to leave OpenAI if was fired. Other than that, all other information seems kind of just going over the surface.
>what happened in Ilya's mind I thought Ronan Farrow's investigate essay answered that pretty satisfactorily? https://www.newyorker.com/magazine/2026/04/13/sam-altman-may...
Re: Greg Brockman interview [video]
#258Earlier quoted context omitted.
What about stealing 12 million books of copyrighted human culture, at massive scale, and then enclosing the value created inside proprietary, investor-backed systems? Something wrong with that? What happens if you go tomorrow, downtown San Francisco, and leave a bookstore with one book without paying? "Behind every great fortune there is a crime" - Honoré de Balzac
> What about stealing 12 million books Who's missing the books? 12 million books is a rather large warehouse! I thought HN was in the "information wants to be free" camp...
Re: Greg Brockman interview [video]
#259Earlier quoted context omitted.
Yes, that, please! I also never understood why the board resigned after ousting Sam...
Because they lost and crumbled. They were unbelievably outmatched by Sam (a world-class manipulator) and Satya (the money behind OpenAI and himself a political genius.) They were outmaneuvered, panicked, and folded. Did they have to? No. But in the moment they thought they were on the precipice of nuking a deca-billion dollar company, their life’s greatest work, and a generational company. It’s hard to stand against…
It’s still unclear at what happened, to make Sam unfit to be the CEO.
Re: Greg Brockman interview [video]
#260Earlier quoted context omitted.
>what happened in Ilya's mind I thought Ronan Farrow's investigate essay answered that pretty satisfactorily? https://www.newyorker.com/magazine/2026/04/13/sam-altman-may...
It's paywalled. Could you recap for us?