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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[–] sunzu2@thebrainbin.org 7 points 3 months ago (2 children)

A nonprofit seems to imply something charitable, though obviously that's not the true meaning of it

Life time of propaganda got people confused lol

Nonprofit merely means that their core income generating activities are not subject next to the income tax regimes.

While some non profits are charities, many are just shelters for rich people's bullshit behaviors like foundations, lobby groups, propaganda orgs, political campaigns etc

[–] frunch@lemmy.world 3 points 3 months ago

Thank you! Like i said, i figured there's something I'm missing--that would appear to be it.

[–] Knock_Knock_Lemmy_In@lemmy.world 2 points 3 months ago

Non profit == inflated costs

(Sometimes)