385
you are viewing a single comment's thread
view the rest of the comments
[-] Iceblade02@lemmy.world 5 points 1 year ago

The "Private investor" in this case is Microsoft, which "graciously" offered to bring all the staff into their own new AI project. This is 100% an investor (a.k.a microsoft) win.

[-] guitarsarereal@sh.itjust.works 1 points 1 year ago* (last edited 1 year ago)

Well, kind of. It's a bad look for MS to be so heavily invested in such a dumpster fire of a corporation, so it's okay for them it got resolved, but they would have won out more if Altman had joined them. It was the other investors, including a number of employees, who would have really lost out if the company had just collapsed in on itself like it immediately started doing. This got resolved sort of against MS's best interests.

So, sure, investor win. But MS more or less lost this one.

I generally agree that it's unlikely the non-profit structure is going to do its job here, I've seen something like it more or less work on a smaller scale with things that are less intensely of interest to the entire capitalist class, although I have no idea what kind of regulations we'd end up with considering how many oligopolists are involved.

this post was submitted on 22 Nov 2023
385 points (96.2% liked)

Technology

60090 readers
1984 users here now

This is a most excellent place for technology news and articles.


Our Rules


  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots


founded 2 years ago
MODERATORS