Re:OpenAI investors keep pushing for Sam Altman’s return
by 4death4 on Tuesday November 21, 2023 @03:53PM
(#38369944)
In a normal corporation, they would be empty shirts, because ultimately they serve at bequest of the share holders. But this is a non-profit so they actually have a lot of power and don't need to answer to anyone.
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Re:OpenAI investors keep pushing for Sam Altman’s return
by hyperliner on Tuesday November 21, 2023 @03:58PM
(#38370019)
But don’t they have to answer to the people who funded the nonprofit?
I am ignorant, but you seem to be knowledgeable about this topic.
Re:OpenAI investors keep pushing for Sam Altman’s return
by mminer237 on Tuesday November 21, 2023 @04:18PM
(#38370320)
They need to comply with any profit-sharing or loan repayments, but funders can't have any control. The only person who would have input into whether or not the board is properly fulfilling its non-profit mission would be the Delaware attorney general.
Re:OpenAI investors keep pushing for Sam Altman’s return
by dumpsterdiver on Tuesday November 21, 2023 @06:02PM
(#38371806)
As we are all witnessing, they have to answer to their employees.