this post was submitted on 27 Sep 2024
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OpenAI Execs Mass Quit as Company Removes Control From Non-Profit Board and Hands It to Sam Altman (futurism.com)
submitted 3 months ago by floofloof@lemmy.ca to c/technology@lemmy.world
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[–] KingThrillgore@lemmy.ml 86 points 3 months ago (1 children)

They had an opportunity to deal with this earlier this year when he was FIRED

[–] PugJesus@lemmy.world 34 points 3 months ago (2 children)

The actual employees threatened to resign en masse, because the employees own equity in the company and want this dogshit move too.

[–] xenoclast@lemmy.world 18 points 3 months ago

Greed is the fundamental flaw that makes humanity awful.

[–] logos@sh.itjust.works 6 points 3 months ago (2 children)

Why would they own equity in a non-profit?

[–] PugJesus@lemmy.world 4 points 3 months ago

Because this was always the plan.

[–] Knock_Knock_Lemmy_In@lemmy.world 1 points 3 months ago

In theory there would be no profits to distribute, but there would be control of direction via voting rights.