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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

by 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.
- elil17 4y ago
  I'm certainly not convinced that they are altruistic, but they don't seem to be a hard, cold business either (after all, why would Altman not have taken equity if that was the case).
  - JohnFen 4y ago
    I don't think that Altman's position about equity means anything about OpenAI.
  - crispyambulance 4y ago
    > why would Altman not have taken equity if that was the case Because he is already at the more-money-than-god level and it’s more valuable for him to just leverage the “altruism”.