[evantbyrne]

It begs the question: why was OpenAI structured this way? For what purposes besides potentially defrauding investors and the government exist for wrapping a for-profit business in a nonprofit? From a governance standpoint it makes no sense, because a nonprofit board doesn't have the same legal obligations to represent shareholders that a for-profit business does. And why did so many investors choose to seed a business that was playing such a cooky shell game?

[augustulus]

the impression I got was that they started out with honest intentions and they were more or less infiltrated by Microsoft. this recent news fits that narrative