5 ms·

Is there some other arrangement? It was originally a nonprofit, so there might be something else going on, like board voting rights that he doesn't have to give

Is there some other arrangement? It was originally a nonprofit, so there might be something else going on, like board voting rights that he doesn't have to give up - or special voting shares.

gjsman-1000 4y ago
For being a nonprofit, Microsoft has demonstrated pretty well how you can basically do an acquisition non-acquisition. They've got special exclusive rights to certain uses of the models, all the code, and OpenAI dumping cash into Azure.
- deleted 4y ago
  [deleted]
- wodenokoto 4y ago
  Isn’t it Microsoft cash that openai is dumping into azure?
  - curiousllama 4y ago
    Details, details
    - wodenokoto 4y ago
      https://www.bloomberg.com/news/articles/2023-01-23/microsoft-makes-multibillion-dollar-investment-in-openai https://www.bloomberg.com/news/articles/2023-01-23/microsoft...
  - cma 4y ago
    Microsoft's margin on Azure spending is around 75%, so their investment may really be 4 times smaller than reported if it all funnels back in to exclusive spending on their high margin datacenter business (I'm sure lots goes to salaries and other expenses too though).
svnt 4y ago
Maybe it is altruistic but their comp structure is bizarre, watch some individual compensation go from millions to $30k and others do almost the inverse: https://projects.propublica.org/nonprofits/organizations/810861541 https://projects.propublica.org/nonprofits/organizations/810...
- JohnFen 4y ago
  If there's one thing Open AI does not appear to be, it's altruistic. It's just hard, cold business.
  - tootie 4y ago
    Read the article. The non-profit angle was contingent on a $1B donation from Elon Musk. When Musk was rebuffed for the CEO job, he reneged on his donation and they no longer had the available funds to run the business.
    - stefan_ 4y ago
      "OpenAI" I guess the name was still fine?
      - gre 4y ago
        AI is something to be opened, like Pandora's box.
        disqard 4y ago
        While snarky, this is a pithy comment. You made me chuckle (and wonder what we're in for).
    - JohnFen 4y ago
      I read the article. I'm not saying that OpenAI didn't start with some sort of altruistic ideals. I'm not saying they did, either -- I don't know either way. But if they did, those ideals appear to be dead and buried now.
agent281 4y ago
> Is there some other arrangement? I heard Sam Altman gets to be in the room when the AGI hatches so that it imprints on him. He took that in lieu of equity.
- thiscatis 4y ago
  Does he then immediately do an iris scan and sell it some coins?
- The28thDuck 4y ago
  Tbf those first impressions matter
- chimpanzee 4y ago
  Better hope it slept through its training on Freud.
- candiddevmike 4y ago
  Henry, Henry, Henry, why didn't you tell me? I insist on being here when they're born.
  - dmix 4y ago
    Is this a reference to something?
    - zaphoyd 4y ago
      The scene in Jurassic Park where owner John Hammond chides the lead geneticist Henry Wu that he likes to be present when the dinosaurs hatch.
    - deleted 4y ago
      [deleted]

Is there some other arrangement? It was originally a nonprofit, so there might be something else going on, like board voting rights that he doesn't have to give up - or special voting shares.

gjsman-1000 4y ago

For being a nonprofit, Microsoft has demonstrated pretty well how you can basically do an acquisition non-acquisition. They've got special exclusive rights to certain uses of the models, all the code, and OpenAI dumping cash into Azure.

deleted 4y ago
[deleted]
wodenokoto 4y ago
Isn’t it Microsoft cash that openai is dumping into azure?
- curiousllama 4y ago
  Details, details
  - wodenokoto 4y ago
    https://www.bloomberg.com/news/articles/2023-01-23/microsoft-makes-multibillion-dollar-investment-in-openai https://www.bloomberg.com/news/articles/2023-01-23/microsoft...
- cma 4y ago
  Microsoft's margin on Azure spending is around 75%, so their investment may really be 4 times smaller than reported if it all funnels back in to exclusive spending on their high margin datacenter business (I'm sure lots goes to salaries and other expenses too though).

svnt 4y ago

Maybe it is altruistic but their comp structure is bizarre, watch some individual compensation go from millions to $30k and others do almost the inverse: https://projects.propublica.org/nonprofits/organizations/810861541 https://projects.propublica.org/nonprofits/organizations/810...

JohnFen 4y ago
If there's one thing Open AI does not appear to be, it's altruistic. It's just hard, cold business.
- tootie 4y ago
  Read the article. The non-profit angle was contingent on a $1B donation from Elon Musk. When Musk was rebuffed for the CEO job, he reneged on his donation and they no longer had the available funds to run the business.
  - stefan_ 4y ago
    "OpenAI" I guess the name was still fine?
    - gre 4y ago
      AI is something to be opened, like Pandora's box.
      - disqard 4y ago
        While snarky, this is a pithy comment. You made me chuckle (and wonder what we're in for).
  - JohnFen 4y ago
    I read the article. I'm not saying that OpenAI didn't start with some sort of altruistic ideals. I'm not saying they did, either -- I don't know either way. But if they did, those ideals appear to be dead and buried now.

agent281 4y ago

> Is there some other arrangement? I heard Sam Altman gets to be in the room when the AGI hatches so that it imprints on him. He took that in lieu of equity.

thiscatis 4y ago
Does he then immediately do an iris scan and sell it some coins?
The28thDuck 4y ago
Tbf those first impressions matter
chimpanzee 4y ago
Better hope it slept through its training on Freud.
candiddevmike 4y ago
Henry, Henry, Henry, why didn't you tell me? I insist on being here when they're born.
- dmix 4y ago
  Is this a reference to something?
  - zaphoyd 4y ago
    The scene in Jurassic Park where owner John Hammond chides the lead geneticist Henry Wu that he likes to be present when the dinosaurs hatch.
  - deleted 4y ago
    [deleted]