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The non-profit-good-for-humanity speech is such a hypocrisy. All incentives all different stakeholders (employees, leadership, board, investors) have are all a
by carlossouza 3y ago
The non-profit-good-for-humanity speech is such a hypocrisy.
All incentives all different stakeholders (employees, leadership, board, investors) have are all aligned with the full for-profit side of the organization. In fact, that’s the only side.
“Show me the incentive and I’ll show you the outcome”. Charlie Munger
- fsckboy 3y ago>“Show me the incentive and I’ll show you the outcome”. Charlie Munger "Show me the loot, and I'll show you the theft" - Willie Sutton (when asked why he robbed banks, what he actually said was "Because that's where the money is")
- tptacek 3y agoThe "loot" here was compensation for the OpenAI employees actually doing the work, and they took it from a board that was doing... none of that work.