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OpenAI to remove non-profit control and give Sam Altman equity

reuters.com

31–40 of 70 posts

Re: OpenAI to remove non-profit control and give Sam Altman equity

#31
post #5

Probably now everyone is starting to realize that Sam Altman really is far worse than Elon and everyone was very late to understand this after the coup that happened nearly a year ago. Perhaps this is what Mira, Greg and IIya saw in Sam; his true intentions after that coup. This 'non-profit' / 'for-profit' complication structure + taking capped investment won't be tried again in a very long time after these events.

Mira was appointed CEO after Sam was fired and she fought to bring back Sam, no? Why are people now saying she was part of the coup that fired Sam?

There is a New York Times article that states Mira wrote a memo to the board

Re: OpenAI to remove non-profit control and give Sam Altman equity

#33

Seems like a good time for a rebrand to remove "Open" from the name. Maybe "InevitableAI"?

How this not in the front page of HN is really beyond me. I asked ChatGPT this simple question and the responses are really commendable and a bit hilarious: Prompt: Since OpenAI the owner of the ChatGPT has removed non-profit control of OpenAI and gave Sam Altman equity what is the more appropriate alternative name to OpenAI now? Answers: Given the shift in OpenAI's structure from a non-profit to a more profit-orient…

> a name like "AltmanAI" could be seen as more reflective of its current leadership and business model

Damn, that's harsh. And Musk said it cannot joke.

Re: OpenAI to remove non-profit control and give Sam Altman equity

#35

I'm a bit concerned about how this might impact their commitment to AI safety though. The non-profit structure was supposed to be a safeguard against profit-driven decision making. Will they still prioritize responsible AI development as a regular for-profit company?

Depends how they predict it to affect their bottom line.

Re: OpenAI to remove non-profit control and give Sam Altman equity

#37

I'm a bit concerned about how this might impact their commitment to AI safety though. The non-profit structure was supposed to be a safeguard against profit-driven decision making. Will they still prioritize responsible AI development as a regular for-profit company?

> I'm a bit concerned about how this might impact their commitment to AI safety though.

Their commitment will remain unparalleled, because AI safety actually means doing whatever it takes to provide maximum return to the shareholders, no matter the social cost.

Re: OpenAI to remove non-profit control and give Sam Altman equity

#38
post #19

It is weird that I get this news item from my local general interest newspaper in Europe but not from the HN front page, isn't it? Posted another source ( https://news.ycombinator.com/item?id=41653028 ) since I feel this needs a discussion. This one has a more descriptive headline though.

[deleted]

Re: OpenAI to remove non-profit control and give Sam Altman equity

#39
post #33

Earlier quoted context omitted.

How this not in the front page of HN is really beyond me. I asked ChatGPT this simple question and the responses are really commendable and a bit hilarious: Prompt: Since OpenAI the owner of the ChatGPT has removed non-profit control of OpenAI and gave Sam Altman equity what is the more appropriate alternative name to OpenAI now? Answers: Given the shift in OpenAI's structure from a non-profit to a more profit-orient…

> a name like "AltmanAI" could be seen as more reflective of its current leadership and business model Damn, that's harsh. And Musk said it cannot joke.

It can’t, it’s the most likely answer to the question based on what it knows. Which kind of makes it funnier

Re: OpenAI to remove non-profit control and give Sam Altman equity

#40
post #21
post #9

> Since then, OpenAI's board has been refreshed with more tech executives, chaired by Bret Taylor, former Salesforce co-CEO who now runs his own AI startup. Any corporate changes need approval from its nine-person non-profit board. Why would the non-profit board approve a change to a for-profit company? Wouldn't this be against the nature of the non-profit entity that was founded and which they are supposed to govern…

Here are the board members just to save anyone else looking it up: Bret Taylor (Chair), Sam Altman, Adam D’Angelo, Dr. Sue Desmond-Hellmann, Retired U.S. Army General Paul M. Nakasone, Nicole Seligman, Fidji Simo, Larry Summers and Zico Kolter. https://en.wikipedia.org/wiki/Bret_Taylor https://en.wikipedia.org/wiki/Sam_Altman https://en.wikipedia.org/wiki/Adam_D%27Angelo https://en.wikipedia.org/wiki/Sue_Desmond-Hell…

> In May 2018, he became head of the National Security Agency, the Central Security Service and the United States Cyber Command.
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