2024-12-22 00:11:46 Pacfic
Meta Opposes OpenAI's For-Profit Transition - 6d
Meta, the parent company of Facebook, has joined forces with Elon Musk in opposing OpenAI's transition to a for-profit structure. Meta has sent a letter to the California Attorney General Rob Bonta, expressing concerns that this change could have major negative consequences for Silicon Valley. Meta argues that the shift could create an uneven playing field, allowing non-profit investors to gain for-profit benefits while also receiving tax write-offs. The tech giant is urging Bonta to take action, also stating Musk and Shivon Zilis, former OpenAI board member, are well-suited to represent the interests of California in this matter.
Meta's move highlights the growing concerns surrounding the rapid development of artificial intelligence and the shift of some players from non-profit to for-profit. Meta, which is now a direct competitor with OpenAI in the AI market, believes that OpenAI should compete in the market, not in the courts. This alliance between Meta and Musk, who previously co-founded OpenAI and now runs rival xAI, adds to the debate over ethical practices and competitiveness in the technology sector, making it a developing story for Silicon Valley.
References:
- @AAKL - 😂 Speak up, California. "Meta says that Musk and his co-plaintiff Shivon Zilis are 'qualified and well-positioned to represent the interests of Californians in this matter.'" Meta Joins Elon Musk i - 6d
- @PCMag - Mark Zuckerberg's Meta has joined Elon Musk in urging California lawmakers to stop ChatGPT firm OpenAI from becoming a fully for-profit company. - 6d
- TechCrunch - Meta asks California AG to block OpenAI’s conversion to for-profit - 6d
- Benzinga - Elon Musk Finds An Unlikely Ally In Mark Zuckerberg's Meta In His Fight Against Sam Altman's OpenAI - 6d
- PCMag.com - Meta Joins Elon Musk in Opposing OpenAI's For-Profit Transition - 6d
- SiliconANGLE - Meta Platforms joins forces with Elon Musk to try to block OpenAI’s for-profit transition - 5d