Lee Duna to Technology@lemmy.worldEnglish • 1 year agoOpenAI employees really, really did not want to go work for Microsoftwww.businessinsider.comexternal-linkmessage-square65fedilinkarrow-up1376arrow-down123cross-posted to: hackernews@derp.foo
arrow-up1353arrow-down1external-linkOpenAI employees really, really did not want to go work for Microsoftwww.businessinsider.comLee Duna to Technology@lemmy.worldEnglish • 1 year agomessage-square65fedilinkcross-posted to: hackernews@derp.foo
minus-square@MysticKetchup@lemmy.worldlinkfedilinkEnglish12•1 year agoAll these startups are owned by venture capital firms, who will eventually sell to one of the handful of companies that own everything, OpenAI is no different and Altman is like every other tech CEO that sells out
minus-square@linuxdweeb@lemm.eelinkfedilinkEnglish2•1 year ago OpenAI is no different That’s not exactly true. OpenAI is structured like Mozilla, where there’s a nonprofit parent part which owns a for-profit subsidiary. Idk all the details, but I suspect that the typical exit strategy isn’t in the cards for them without some legal shenanigans.
All these startups are owned by venture capital firms, who will eventually sell to one of the handful of companies that own everything, OpenAI is no different and Altman is like every other tech CEO that sells out
That’s not exactly true. OpenAI is structured like Mozilla, where there’s a nonprofit parent part which owns a for-profit subsidiary.
Idk all the details, but I suspect that the typical exit strategy isn’t in the cards for them without some legal shenanigans.