321–330 of 809 posts
This is great. Sam tried the non-profit thing, it turned out not be a good fit for the world, and he's adapting. We all get to benefit from seeing how non-profits are just not the best idea. There are better ways to improve the world than having non-profits (for example, we need to abolish copyright and patent law; that alone would eliminate the need for perhaps the majority of non-profits that exist today, which are…
Given what Sam has done by clearing out every single person who went against him in the initial coup and completely gutting every safety related team the entire world should be on notice. If you believe what Sam Altman himself and many other researchers are saying, that AGI and ASI may well be within reach inside this decade, then every possible alarm bell should be blaring. Sam cannot be allowed to be in control of…
I don't know why anyone would believe anything this guy is saying, though, especially now that we know he's going to receive a 7% stake in the now-for-profit company. There are two main interpretations of what he's saying: 1) He sincerely believes that AGI is around the corner. 2) He sees that his research team is hitting a plateau of what is possible and is prepping for a very successful exit before the rest of the…
Earlier quoted context omitted.
It would think it is legally enforceable, but I suspect Kathy Jennings is the only person who has standing to sue over it.
Elon Musk absolutely has standing, as one of the biggest donors to the nonprofit. I assume he will settle for some ownership in the for-profit, though.
The IRS should get involved. This is a cut and dry case of embezzlement of 501c3 resources.
Ahh. What a surprise - no-one could have predicted this
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[dupe] more discussion: https://news.ycombinator.com/item?id=41651548
That one never made it to the front page because reasons. All that discussion was people reading the story elsewhere and going looking for the HN thread.