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 2 years ago by floofloof@lemmy.ca to c/technology@lemmy.world

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[–] PugJesus@lemmy.world 34 points 2 years 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.

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[–] xenoclast@lemmy.world 18 points 2 years ago

Greed is the fundamental flaw that makes humanity awful.

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

Why would they own equity in a non-profit?

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[–] PugJesus@lemmy.world 4 points 2 years ago

Because this was always the plan.

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[–] Knock_Knock_Lemmy_In@lemmy.world 1 point 2 years ago

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

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