The for profit entity is allowed to act in the interest of profits.
What is important is that the non profit must use the dividends it receives from the for profit entity in furtherance of is stated non-profit mission.
Elon does not have a point. He's simply proving that he is once again the dumbest guy in the room by failing to do basic due diligence with respect to his multi million dollar donation.
That being said, Altman is also doing sketchy things with OpenAI. But that was part of the reason why they created the for-profit entity: so Altman could do sketchy things that he could not do within the nonprofit entity. Regulators might be able to crack down on some of the sketch, but he's going to be able to get away with a lot of it.
The for profit entity is allowed to act in the interest of profits.
What is important is that the non profit must use the dividends it receives from the for profit entity in furtherance of is stated non-profit mission.
Elon does not have a point. He's simply proving that he is once again the dumbest guy in the room by failing to do basic due diligence with respect to his multi million dollar donation.
That being said, Altman is also doing sketchy things with OpenAI. But that was part of the reason why they created the for-profit entity: so Altman could do sketchy things that he could not do within the nonprofit entity. Regulators might be able to crack down on some of the sketch, but he's going to be able to get away with a lot of it.