4 ms·

In your world how would you consider Sam Altman having no equity in OpenAI? And everyone finding out after it had a viral hit

choppaface 3y ago
Probably no different given his involvement in worldcoin https://www.technologyreview.com/2022/04/06/1048981/worldcoin-cryptocurrency-biometrics-web3/amp/ https://www.technologyreview.com/2022/04/06/1048981/worldcoi... and loopt https://en.m.wikipedia.org/wiki/Loopt https://en.m.wikipedia.org/wiki/Loopt
outside1234 3y ago
There is no way this guy hasn't figured out some way to get paid out of this. We just haven't figured out how yet.
- neximo64 3y ago
  that just sounds ridiculous. Teams would have been over the legals for a $10bn investment. Not everyone is financially incentivised. Also he's already half way to being a billionaire anyway without OpenAI.
  - vpastore 3y ago
    [flagged]
    - sroussey 3y ago
      Dude, he absolutely loves to talk about incentives. Now that’s neither here nor there response to yours… but since he is so in tune with the concept of incentives, and likes to discuss them, it does make me curious what his incentives are that he is acting on.
- theonlybutlet 3y ago
  Wonder if it's indirectly through some stake in Microsoft or whoever deals with them at that level.
- PoignardAzur 3y ago
  I mean, Occam's Razor says if he wanted a way to get paid, he would just have equity or a very large salary, the normal things CEOs do when they want to make lots of money from their very profitable company.
  - Aerbil313 3y ago
    He gained a huge amount of reputation by saying "I don't have equity in the company. I'm doing it because I love it" in front of the Congress. While he was demanding licensing for AI because it's too dangerous. I love it. It's dangerous. Hypocrisy? No. It's the tendency of man to pursue what is harmful to himself. Even though optimistic technologists of HN won't agree, much of technology has not benefitted humanity.
- ryanmercer 3y ago
  Or maybe he just doesn't need more money and wants to do something cool? If my basic needs were met, I'd go volunteer at any number of non-profits full time.

choppaface 3y ago

Probably no different given his involvement in worldcoin https://www.technologyreview.com/2022/04/06/1048981/worldcoin-cryptocurrency-biometrics-web3/amp/ https://www.technologyreview.com/2022/04/06/1048981/worldcoi... and loopt https://en.m.wikipedia.org/wiki/Loopt https://en.m.wikipedia.org/wiki/Loopt

outside1234 3y ago

There is no way this guy hasn't figured out some way to get paid out of this. We just haven't figured out how yet.

neximo64 3y ago
that just sounds ridiculous. Teams would have been over the legals for a $10bn investment. Not everyone is financially incentivised. Also he's already half way to being a billionaire anyway without OpenAI.
- vpastore 3y ago
  [flagged]
  - sroussey 3y ago
    Dude, he absolutely loves to talk about incentives. Now that’s neither here nor there response to yours… but since he is so in tune with the concept of incentives, and likes to discuss them, it does make me curious what his incentives are that he is acting on.
theonlybutlet 3y ago
Wonder if it's indirectly through some stake in Microsoft or whoever deals with them at that level.
PoignardAzur 3y ago
I mean, Occam's Razor says if he wanted a way to get paid, he would just have equity or a very large salary, the normal things CEOs do when they want to make lots of money from their very profitable company.
- Aerbil313 3y ago
  He gained a huge amount of reputation by saying "I don't have equity in the company. I'm doing it because I love it" in front of the Congress. While he was demanding licensing for AI because it's too dangerous. I love it. It's dangerous. Hypocrisy? No. It's the tendency of man to pursue what is harmful to himself. Even though optimistic technologists of HN won't agree, much of technology has not benefitted humanity.
ryanmercer 3y ago
Or maybe he just doesn't need more money and wants to do something cool? If my basic needs were met, I'd go volunteer at any number of non-profits full time.