HN

Comments (93)

• Menu

  IG_Semmelweiss
  The thesis is as follows:OpenAI receives funds as a non-profit.Some of those funds are redirected to for profit ventures.Critically, the GM (Altman) of the nonprofit owns shares of the for-profit ventures, that OpenAI funds were redirected into.A regular company could and does invest in any company even when there's a conflict, as long as the conflict is disclosed and the Board votes in favor of it. There's no criminal element there.The problem is introduced in Altman's case if(a) there was no disclosure (red flag) and/or(b) nonprofit that received the funds, is putting money into things not aligned with the 501(c)(3) mission.I'm not sure if either (a) or (b) are criminal, but they don't pass the smell test, which is why Altman is being sued in civil court, unrelated to the congressional investigation talked about in the article
• Menu

  SkipperCat
  I can't help but think that this is due to Musk putting pressure on the current administration to help him win his lawsuit and punish Altman.
• Menu

  graemep
  > The moves follow an April article in The Wall Street Journal that detailed Altman’s efforts to have OpenAI back companies he personally invested in.Sounds a bit like Wework.
• Menu

  pj_mukh
  So, the protection racket is not working? [1] Maybe some folks need to re-think whether this administration is worth "donating" to?[1]: https://finance.yahoo.com/news/openai-exec-becomes-top-trump...
• Menu

  voakbasda
  Does anyone really believe this is more than performative? Increasingly the most likely outcome of such scrutiny is… nothing. He hasn’t stolen enough from the rich to earn any sort of punishment, and he’s not doing anything too different from the Congress critters that are “investigating” him.
• Menu

  tlogan
  I am sure that nothing illegal was done here.But the fact that OpenAI was a nonprofit and then suddenly became a for-profit is definitely something that does not feel right. I am 100% sure that it is all legal and such, but we have this mental model that “nonprofits are the good guys, run by people who just want to help humanity and nothing else.”But that is not true, and probably never was.
• Menu

  1vuio0pswjnm7
  Alternative to archive.phText-only, HTTPS optionalNo CAPTCHA, no Javascript, no geo-blocking, no DDoS directed at bloghttps://assets.msn.com/content/view/v2/Detail/en-in/AA22Xx2j...Something like x=https://assets.msn.com/content/view/v2/Detail/en-in/AA22Xx2j/ tnftp -4o"|sed 's/.*\"body\":\"/<meta charset=utf-8>/;s/\",\"readTimeMin.*//'" $x > 1.htm firefox ./1.htm or links https://assets.msn.com/content/view/v2/Detail/en-in/AA22Xx2j/ Press "d" then "\" or links -dump https://assets.msn.com/content/view/v2/Detail/en-in/AA22Xx2j/ \ |sed '1,/\"body\":\"/d;/\"readTimeMin\":/,$d'
• ghostlyy
  Timing's also worth nothing. the investments piece has been reported on for over a year. It becomes a probe right before liquidity, which makes both sides look opportunistic rather than principled.
• skeeter2020
  The Internet is borked.Verification RequiredThe visual verification might not be accessible to you. We recommend you to use the audio verification instead. Important: after clicking play, you will hear 6 digits. Please wait until the audio finishes before typing or interacting with the page. No Internet access Why is this verification required? Something about the behaviour of the browser has caught our attention.There are various possible explanations for this: you are browsing and clicking at a speed much faster than expected of a human being something is preventing Javascript from working on your computer there is a robot on the same network (IP 96.51.144.101) as you Need help?ID: 85804002-38eb-95f6-1a32-828ec222a8fb
• trwhite
  https://archive.ph/oqVDm
• Menu

  bluecheese452
  Ah a shakedown. He will make the required donation and this will go away.
• ms_anal_tam
  Demand his AI chat history be made public!
• kevmo
  They aren't going to do a thing to Altman except extract more bribes.
• tithos
  GREAT NEWS!!!
• righthand
  How can anyone take the GOP seriously when they constantly back one of the biggest frauds of the American people who is also a pedophile rapist? Perhaps Sam should embrace that sexual assault allegation from his sister. That seems to be the type of person the GOP supports.
• anon
  undefined
• baggachipz
  > Business Dealings Under GOP ScrutinyIs this even a thing anymore?
• noelsusman
  The notion that this GOP Oversight Committee sincerely cares about corruption is obviously laughable, so I can only assume this is all being done at Elon's behest.
• Menu

  jqpabc123
  This can easily be resolved by a sustantial purchase of Trump family crypto.
• metalliqaz
  Altman is a consummate liar and insatiably greedy. The GOP will welcome him in. The downfall will hurt many.In the words of Hitchens, "Do not imagine that you can escape judgment if you rob people with a false prospectus rather than with a knife."
• emmanuelsemugga
  [flagged]
• fred_is_fred
  Is this why Claude recommended that I use a Trump phone when I use it?