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Could be many things, like Sam not informing them of the GPTs store launch, or saying he won't launch and then launching. It sucks for openAi, but there's too
by martythemaniak 3y ago
Could be many things, like Sam not informing them of the GPTs store launch, or saying he won't launch and then launching.
It sucks for openAi, but there's too many hungry hungry competitors salivating at replacing OpenAI so I don't think this will have big king term consequences in the field.
I'm curious what sorts of oversight and recourse all the investors (or are they donors?) Have. I imagine there's a lot of people with a lot of money that are quite angry today.
- CPLX 3y agoThey don’t have investors, it’s a non profit. The “won’t anyone think of the needs of the elite wealthy investor class” that has run through the 11 threads on this topic is pretty baffling I have to admit.
- ketzo 3y agoThey do have investors in the for-profit subsidiary, including Microsoft and the employees. Check out the diagram in the linked article.
- CPLX 3y agoThat’s right. Which isn’t the company that just fired Sam Altman.
- ketzo 3y agoI take your point, but still, I don’t think it’s correct to imply that investors in the for-profit company have no sway or influence over the future of OpenAI. I sure as shit wouldn’t wanna be on Microsoft’s bad side, regardless of my tax status.
- CrazyStat 3y agoIt’s a nonprofit that controls a for-profit company, which has other investors in addition to the non-profit.
- laserlight 3y ago> They don’t have investors OpenAI has investors [0]. [0] https://openai.com/our-structure https://openai.com/our-structure
- dragonwriter 3y agoOpenAI (the nonprofit whose board makes decisions) has no investors. the subordinate holding company and even more subordinate OpenAI Global LLC have investors, but those investors are explicitly warned that the charitable purpose of the nonprofit and not returning profits to investors is the paramount function of the organization, over which the nonprofit has full governance control.
- laserlight 3y agoThanks for clarifying.
- croes 3y agoThen what did Microsoft pay for?
- dragonwriter 3y agoPrivileged access to technology, which has paid off quite well for them already.
- croes 3y agoThey didn't pay a fee
- juanani 3y ago[dead]