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by carlossouza 837 days ago
The non-profit-good-for-humanity speech is such a hypocrisy.

All incentives all different stakeholders (employees, leadership, board, investors) have are all aligned with the full for-profit side of the organization. In fact, that’s the only side.

“Show me the incentive and I’ll show you the outcome”. Charlie Munger

1 comments

>“Show me the incentive and I’ll show you the outcome”. Charlie Munger

"Show me the loot, and I'll show you the theft" - Willie Sutton (when asked why he robbed banks, what he actually said was "Because that's where the money is")

The "loot" here was compensation for the OpenAI employees actually doing the work, and they took it from a board that was doing... none of that work.