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Sam Altman's Business Dealings Under GOP Scrutiny Ahead of OpenAI's IPO

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61–70 of 171 posts

Re: Sam Altman's Business Dealings Under GOP Scrutiny Ahead of OpenAI's IPO

#62
post #50

Earlier quoted context omitted.

[flagged]

So, now we need a clinical diagnosis to call evil people psychopaths or we're unhinged? Do you apply the same high standards to any of the garbage these guys spew or to the impacts of their projects?

The people that have made decisions leading to the direct deaths of millions of people AREN'T evil! There's no clinical definition of evil in the DSM, so they can't be evil you see.

Re: Sam Altman's Business Dealings Under GOP Scrutiny Ahead of OpenAI's IPO

#63
post #23

Earlier quoted context omitted.

Nothing to do with Altman v Musk. That would be an AI boom that would be going full steam ahead without either of them.

Almost no one in the country is feeling a boom. Everyone is feeling the consequences of their greed and recklessness.

huh? What are you are referring to is the lasting impacts of multiple years of inflation after living without it for 10 years. Those issues predate Musk v. Altman and would be happening without them.

AI build out / boom would be full bore without them.

Re: Sam Altman's Business Dealings Under GOP Scrutiny Ahead of OpenAI's IPO

#64
post #25

Earlier quoted context omitted.

Doesn't Sam Altman famously not own OpenAI? His whole arrangement is so shady.

Is there a more benign explanation for these things? Altman is undeniably famously cagey and political but despite most of the tech and non-tech worlds at this point seeing him as some kind of con artist, I still kind of want to try to believe he's not. No doubt some of OpenAI's founding principles like "stop + assist if a competitor gets to AGI first" are likely flying out the window, perhaps in part due to him and…

> ... I still kind of want to try to believe he's not.

Asking genuinely - why?

Re: Sam Altman's Business Dealings Under GOP Scrutiny Ahead of OpenAI's IPO

#65
post #56

Earlier quoted context omitted.

Is there a more benign explanation for these things? Altman is undeniably famously cagey and political but despite most of the tech and non-tech worlds at this point seeing him as some kind of con artist, I still kind of want to try to believe he's not. No doubt some of OpenAI's founding principles like "stop + assist if a competitor gets to AGI first" are likely flying out the window, perhaps in part due to him and…

He will say whatever it takes to get the result he wants. That's manipulative and, when pursued as a lifestyle, sociopathic. Living like that is corrupting. When you treat humans like objects, the question of your starting intentions is really secondary.

what did he do to you?

Re: Sam Altman's Business Dealings Under GOP Scrutiny Ahead of OpenAI's IPO

#66

The thesis is as follows: OpenAI receives funds as a non-profit. Some of those funds are redirected to for profit ventures. Critically, the GM (Altman) of the nonprofit owns shares of the for-profit ventures, that OpenAI funds were redirected into. A regular company could and does invest in any company even when there's a conflict, as long as the conflict is disclosed and the Board votes in favor of it. There's no cr…

Even if the board votes in favor, wouldn't it be tax evasion to fund a for-profit corporation using a 503(c)(3) - which is tax deductible for donors?

some of the largest for profit investors are non-profits.

It is all about if you can get the money back out.

Re: Sam Altman's Business Dealings Under GOP Scrutiny Ahead of OpenAI's IPO

#67
post #40
post #19

> The moves follow an April article in The Wall Street Journal that detailed Altman’s efforts to have OpenAI back companies he personally invested in. Sounds a bit like Wework.

To be fair, a big part of being in Y Combinator itself is being "heavily encouraged" to use products from other Y Combinators. You just have to do it openly .

Networking and relationship building is fine. its when it goes beyond that, and in particular when there are conflicts of interest, it becomes a problem. Altman seems to have had similar issues when he was at YC: https://www.newyorker.com/magazine/2026/04/13/sam-altman-may...

Doing business with companies connected to the CEO often creates a conflict of interest. it could all be OK, of course, but OpenAI investing in companies that Altman has already invested in does not look great and needs to be investigated.

Re: Sam Altman's Business Dealings Under GOP Scrutiny Ahead of OpenAI's IPO

#68
post #64

Earlier quoted context omitted.

Is there a more benign explanation for these things? Altman is undeniably famously cagey and political but despite most of the tech and non-tech worlds at this point seeing him as some kind of con artist, I still kind of want to try to believe he's not. No doubt some of OpenAI's founding principles like "stop + assist if a competitor gets to AGI first" are likely flying out the window, perhaps in part due to him and…

> ... I still kind of want to try to believe he's not. Asking genuinely - why?

What if it's actually super-intelligence and a human aligned visionary is at the helm. The good case is very good.

Re: Sam Altman's Business Dealings Under GOP Scrutiny Ahead of OpenAI's IPO

#69

The thesis is as follows: OpenAI receives funds as a non-profit. Some of those funds are redirected to for profit ventures. Critically, the GM (Altman) of the nonprofit owns shares of the for-profit ventures, that OpenAI funds were redirected into. A regular company could and does invest in any company even when there's a conflict, as long as the conflict is disclosed and the Board votes in favor of it. There's no cr…

The thesis is Altman ran around saying he was building something that will kill everyone, then backed off to saying he’ll just kill everyone’s jobs. When data centers and a war of choice pushed inflation to 7+% [1], Republicans in the Congress were left scrambling for a scapegoat. And Sam is a terrific scapegoat. He has no public shareholders like the more hated Zuckerberg and Bezos [2]. Yet he has carved for himself…

Also, doesn't musk hate him? I have to imagine he's behind this.

Re: Sam Altman's Business Dealings Under GOP Scrutiny Ahead of OpenAI's IPO

#70

Earlier quoted context omitted.

The thesis is Altman ran around saying he was building something that will kill everyone, then backed off to saying he’ll just kill everyone’s jobs. When data centers and a war of choice pushed inflation to 7+% [1], Republicans in the Congress were left scrambling for a scapegoat. And Sam is a terrific scapegoat. He has no public shareholders like the more hated Zuckerberg and Bezos [2]. Yet he has carved for himself…

Also, doesn't musk hate him? I have to imagine he's behind this.

> have to imagine he's behind this

Is Musk probably throwing fuel on the fire? Yes, probably. (Though we have no proof of this.)

Is Musk causing this? No. This is mainly Altman’s doing. The hyperbole. The lying. The leverage. The pomp. Even Zuckerberg and Bezos haven’t painted a target on themselves like he has. (To the point that I’m borderline sympathetic.)

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