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1. Ars Technica (arstechnica@mastodon.social)'s status on Thursday, 26-Sep-2024 23:50:03 JST Ars Technica

   OpenAI plans tectonic shift from nonprofit to for-profit, giving Altman equity

   Under plans that have attracted criticism, shift may give Altman 7% equity in the firm.

   https://arstechnica.com/information-technology/2024/09/openai-plans-tectonic-shift-from-nonprofit-to-for-profit-giving-altman-equity/?utm_brand=arstechnica&utm_social-type=owned&utm_source=mastodon&utm_medium=social

   • Roderick (rvkennedy@mastodon.social)'s status on Friday, 27-Sep-2024 00:00:18 JST Roderick

     in reply to

     @arstechnica or, in this case, for huge, gargantuan annual loss.

   • ROTOPE~1 :yell: (rotopenguin@mastodon.social)'s status on Friday, 27-Sep-2024 01:52:25 JST ROTOPE~1 :yell:

     in reply to

     @arstechnica in most places, if you convert tax-advantaged farmland into some other use, you have to pay the tax difference. In some places, that recapture goes back to 1776.