floofloof@lemmy.ca to Technology@lemmy.worldEnglish · 9 days agoOpenAI Execs Mass Quit as Company Removes Control From Non-Profit Board and Hands It to Sam Altmanfuturism.comexternal-linkmessage-square244fedilinkarrow-up11.34Karrow-down18
arrow-up11.33Karrow-down1external-linkOpenAI Execs Mass Quit as Company Removes Control From Non-Profit Board and Hands It to Sam Altmanfuturism.comfloofloof@lemmy.ca to Technology@lemmy.worldEnglish · 9 days agomessage-square244fedilink
minus-squarePugJesus@lemmy.worldlinkfedilinkEnglisharrow-up34·9 days agoThe actual employees threatened to resign en masse, because the employees own equity in the company and want this dogshit move too.
minus-squarexenoclast@lemmy.worldlinkfedilinkEnglisharrow-up18·9 days agoGreed is the fundamental flaw that makes humanity awful.
minus-squarelogos@sh.itjust.workslinkfedilinkEnglisharrow-up6·8 days agoWhy would they own equity in a non-profit?
minus-squareKnock_Knock_Lemmy_In@lemmy.worldlinkfedilinkEnglisharrow-up1·7 days agoIn theory there would be no profits to distribute, but there would be control of direction via voting rights.
minus-squarePugJesus@lemmy.worldlinkfedilinkEnglisharrow-up4·8 days agoBecause this was always the plan.
The actual employees threatened to resign en masse, because the employees own equity in the company and want this dogshit move too.
Greed is the fundamental flaw that makes humanity awful.
Why would they own equity in a non-profit?
In theory there would be no profits to distribute, but there would be control of direction via voting rights.
Because this was always the plan.