OpenAI's Investors Don't Own It
bloomberg.com
bloomberg.com
There's also an idea that vesting OpenAI employees will get much better tax treatment:
> People receiving profit interests will be granted the units upon their vesting date at no additional cost. Because of that, there’s an additional key tax benefit in that they are tax-free upon issuance and vesting, so the only tax hit would be a capital gains tax when the profit is received or sold.
In contrast, with a traditional Restricted Stock Unit (RSU) that you’d see at a MAANG level company, when the RSU vests, an employee will be taxed upon receiving their RSUs immediately. This is because the RSU is essentially a percentage of equity in the company and holds a value at whatever the market rate is for that company’s stock.”
It’s electron state in a synthetic machine which has learned nothing about the world through its own agency and curiosity but the “sit, stay” demands of organic intelligence.
Universe already made matter twinkle with consciousness. Humans should come up with something actually new
I went through academia. They wanted people to come up with ideas back then.
Now they want people to normalize to theirs.
It’s just people in rooms waving around prestige words. None of them have broken physics. They normalize descriptions of observation, often incorrectly at great cost to others
Characterizing them like popes and tribal shaman whose outputs are inviolable truth is really odd
The symbolic logic and leaky abstractions of academics are crude approximations, not accurate representations of reality for which even a tiny inch of space would require infinite logic to describe. The translation to human language always leaves even more detail out.
Academia is often peddling a marketing gimmick to sell society on. Academics are people looking to capitalize first
No. The majority of their business for their entire history has been making soft for micros.
what’s sad is that it isn’t limited to tech.
papa johns? not for a while it hasn’t been.
the list goes on, but you better sit down first…
The company of Theseus.