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by yafbum 942 days ago
Nonprofit status relates to the absence of investor payouts, and doesn't fundamentally have much to do with pay levels. Some employees can be on occasion willing to accept lower pay when the motives are altruistic, but most employees at nonprofits are paid (have to be paid) market rate.
1 comments

> > Nonprofit status relates to the absence of investor payouts

The people at the helm of the first organization which cracks AI won't have any need for money

Im trying to find some of those rich people who dont need money/bitcoin - so they can send me some!
They can leverage AI to get power, they can leverage AI to build the best hedge funds, the possibilities are endless.
And what have we got other than hft from all the billions poured in so far?

Further, I suspect any ai capable of outperforming the market would be too rational, to the point that you wouldn't be able to market it.

If the ai decided that bitcoin wasn't the future, and in 20 years time was proved right, how many people would have maintained that patience?

But why would you need to market it?

There comes a point where if an organization has something unique there is no point in selling it, they'd just use it for their own gain and watch the AI multiply their initial investment.

It has happened already, the best hedge funds are not open to investors but ran as a pension scheme for employees and founders.