Re:OpenAI's Misalignment and Microsoft's Gain
by icelancer on Monday November 20, 2023 @03:43PM
(#38354412)
Fiduciary obligations need not be profit-seeking. They often - perhaps especially - involve keeping the lights on for the chartered company.
Re:OpenAI's Misalignment and Microsoft's Gain
by anonymouskimmer on Monday November 20, 2023 @02:01PM
(#38352731)
Fiduciary isn't about money, it's about the best interests of the non-profit they are governing. If staying on the board means a harm to the goals of the non-profit charter, then they have a duty to resign.
What fiduciary obligations does a non-profit have? Isn't the board pretty successful already at not making money?