4 ms·
Thank you for the comment! I think it sums up some important critical questions very nicely. While I am happy to see talented people working on important topic
by ace_of_spades 7y ago
Thank you for the comment! I think it sums up some important critical questions very nicely.
While I am happy to see talented people working on important topics like this, I am really sad to see that this seems to be a for profit effort.
If you have the right team and vision it should be easy enough to get five million from public funders like the NSF without the leash of having to maximize profits (likely) at the expense of being able to maximize the overall benefit for society. For things that can go wrong just have a look at the dumpster fire aka fb.
Although I do believe that companies like Golden start out with the best of intentions, experience shows that the reality of financial expectations will likely win out in the end (e.g., Google, FB, Twitter).
So, why not go with an institutional structure that doesn’t have as many strings attached? INAL but maybe something like a public benefit corp [1]?
1: https://en.m.wikipedia.org/wiki/Public-benefit_corporation https://en.m.wikipedia.org/wiki/Public-benefit_corporation