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by HDThoreaun 21 days ago
OpenAI now controls one of if not the largest philanthropic endowments on the planet. They are still a philanthropic endeavor, though I agree the non profit bait and switch as well as the Altman board situation were tragedies.
1 comments

I mean, they're also gearing up for one of the largest IPOs in history to generate unprecedented amounts of wealth for themselves, and the nonprofit foundation's focus is community engagement with OpenAI products. Goldman Sachs has a large philanthropic endowment but I wouldn't confuse that with their priorities being philanthropy.

The point was I think pretty much everyone else saw the bait and switch coming...