3 ms·

> If the partner gets a vote/profit then a "charter" or "mission" won't change anything (I work at OpenAI.) The board of OpenAI Nonprofit retains full control

by gdb 8y ago

> If the partner gets a vote/profit then a "charter" or "mission" won't change anything (I work at OpenAI.) The board of OpenAI Nonprofit retains full control. Investors don't get a vote. Some investors may be on the board, but: (a) only a minority of the board are allowed to have a stake in OpenAI LP, and (b) anyone with a stake can't vote in decisions that may conflict with the mission: https://openai.com/blog/openai-lp/#themissioncomesfirst https://openai.com/blog/openai-lp/#themissioncomesfirst

stevievee 8y ago
> "(b) anyone with a stake can't vote in decisions that may conflict with the mission:" Will never work in practice
timavr 8y ago
People who control the money, generally have a lot of influence, especially when money is running short, regardless if they are on the board or not.