OpenAI has a capped profit structure which effectively does this.
Good point, but I’m not persuaded much by this observation given that:
They’ve already decided to change the rules to make the 100x profit cap double every four years, calling into question the meaningfulness of the promise
OpenAI is just one firm among many (granted, it’s definitely in the lead right now), and most other firms are in it pretty much exclusively for profit
Given that the 100x cap doesn’t kick in for a while, the promise feels pretty distant from “commit to donate all their profits to the public”, which was my original claim. I expect as the cap gets closer to being met, investors will ask for a way around it.
OpenAI has a capped profit structure which effectively does this.
Astronomical, yet no longer mouthwatering in the sense of being visceral or intuitively meaningful.
Good point, but I’m not persuaded much by this observation given that:
They’ve already decided to change the rules to make the 100x profit cap double every four years, calling into question the meaningfulness of the promise
OpenAI is just one firm among many (granted, it’s definitely in the lead right now), and most other firms are in it pretty much exclusively for profit
Given that the 100x cap doesn’t kick in for a while, the promise feels pretty distant from “commit to donate all their profits to the public”, which was my original claim. I expect as the cap gets closer to being met, investors will ask for a way around it.