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Though as far as I can tell the charity which Musk put about $30m into still exists and holds 26% of OpenAI's commercial arm valued at ~200bn. So rather than be
by tim333 6mo ago
Though as far as I can tell the charity which Musk put about $30m into still exists and holds 26% of OpenAI's commercial arm valued at ~200bn. So rather than being stolen it's still there and with 7000x as much assets? Not sure how that plays out legally? It looks hard for Musk to win to me. IANAL.
- captn3m0 6mo agoIANAL, but as an analogy perhaps: Some of the investments made from FTX stolen assets got amazing gains (Anthropic being a notable investment). But it doesn’t undo the crime.
- tim333 6mo agoIn FTX's case there obviously was a crime - stealing customer money. With OpenAI I don't really see it, hence I guess the lack of a criminal case. The 'stealing a charity' bit is more metaphorical - it wasn't actually stolen, just the control kind of moving from friends of Musk to friends of Altman which was inevitable when Musk quit. I think Musk is alleging unjust enrichment of Altman and Brockman but given they only have a small percentage in the for profit they set up it's going to be hard to prove that's unjust in court I guess. You could argue OpenAI had drifted from its mission to be open.