this post was submitted on 17 Aug 2024
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Non-profit doesn't mean that no one makes money. But it does mean they pay less taxes. If the C suite is full of funders, you can pay them in bonuses.
https://www.charitywatch.org/nonprofit-compensation-packages-of-1-million-or-more
It does mean that there are no shareholders and you have to be "limited in powers".
This was a disappointing realisation about "Open"AI.
They have two divisions and only one is "open"