237
OpenAI to remove non-profit control and give Sam Altman equity
(www.reuters.com)
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 26 Sep 2024
237 points (98.0% liked)
Technology
59583 readers
2381 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
But wouldn’t he have to repay such loans?
Yes, with the money he’d earn off the money he borrowed. This is why taxing unrealized gains is a national conversation. “It’s not money until you sell it” but you can borrow it like it’s money and make actual other money with it likes it’s money.
This is an informative answer, thank you
It's not like he will be spending the cash exclusively on blow, model escorts and yachts.
Part will go into real investments. And he is well positioned to time an AI pump and dump.
Only if the collateral he put up goes down in value too much