Infuriating, especially for anyone who has someone in their lives suffering from Alzheimerās or Parkinsonās diseases š”
Incentives for fraud across the bench and social sciences are pretty large, and in some cases huge. In most of the social sciences, the stakes are āmerelyā individual career success and lucrative airport-book bullshit. Elsewhere, though, itās real funding, real money, and real suffering.
Agency announces research misconduct finding for neuroscientist Eliezer Masliah as scores of his papers fall under suspicion
FTR I did not buy it. But Iām not tech press I guess so nobody listenedā¦ news.bloomberglaw.com/us-law-week/...
Oh if thatās your problem, then the whole tax-exempt regime is in dire need of overhaul. Long way to go! PBC stuff is just a side course lol
Sometimes the owners are c3s and they donāt care about the money as much as they care about the mission
I think they formed as a PBLLC and recently converted to a PBC.
Every state allows stockholders to enforce.
It says a lot about the investors that they think OpenAI can be profitable in 2 years. Thatās aggressive for this mess. Maaaaybe if theyāre using the c3 as a way to shift costs off the balance sheet? Not sure exactly what this says about benefit corporations tbh. They are designed to make a profit.
Hey hey is it cool to spend a bunch of charitable dollars to restructure an enterprise so founders can siphon off value in the form of equity and give outside investors an upside? Ok thanks, but what if the charity *also* undermines the arts? Asking for an IRS attorney.
They wonāt forget. With Morgan Lewis involved theyāll get a nice ālong-term incentive planā in place that will squeak through the rulings and make Sam extremely wealthier
āAltman would also own a stake in the for-profit company, the knowledgeable people said. He hasnāt previously owned a stake in OpenAI.ā This is incoherent reputation laundering. Canāt own a stake in a nonprofit. Donāt forget about that 5 year look-back for Disqualified Persons!