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Could this be an attempt to prevent Altman from turning OpenAI into a for-profit too cheaply? If I understand correctly, then turning a non-profit into a for-pr
by mherrmann 2y ago
Could this be an attempt to prevent Altman from turning OpenAI into a for-profit too cheaply? If I understand correctly, then turning a non-profit into a for-profit requires selling the non-profit's assets at a fair price. If Altman says he buys it for 40bn and there is no other offer, then who's to say that this is not a fair price. On the other hand, with a 90bn offer on the table, it will be hard to argue that the assets are only worth 40.