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OpenAI to remove non-profit control and give Sam Altman equity
(www.reuters.com)
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this post was submitted on 26 Sep 2024
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When you organize a nonprofit, you dedicate it to the public benefit. it’s not supposed to ever have owners, everything it does it supposed to be for me and you. as far as I’m concerned, this is a multi billion dollar larceny against the general public and we really need better laws that preserve our nonprofit institutions. Just even trying to plan this out is a crime against humanity
I also come to the conclusion that this was planned from the start--that if it ever took off, they would change the status and profit from it. They took tax breaks for years in the early days and now want to take a capital benefit.
With healthcare systems and churches as some of the biggest offenders.
To implement something like this, you would need a radical change in judicial and criminal systems.
Something along the lines of any white collar crime worth more than say 10 annual local median salaries, would require a rehabilitation program (if convicted) that would start with full asset seizure (absolutely everything) and a minimum of 10 years real community service (live-in junior janitor at an Alzheimer's outpatient institution with minimum wage and limited access to internet and smartphones). The community service could easily be extended to 20, 30 or 40 years depending the on the severity of the crime.
You would also need to get rid of various "get out of jail free" laws and make it easy to organized criminals and send them to rehabilitation programs.