just_another_person@lemmy.world to Technology@lemmy.worldEnglish · 4 months agoProton is transitioning towards a non-profit structure | Protonproton.meexternal-linkmessage-square184fedilinkarrow-up1999arrow-down137cross-posted to: [email protected][email protected][email protected][email protected][email protected]
arrow-up1962arrow-down1external-linkProton is transitioning towards a non-profit structure | Protonproton.mejust_another_person@lemmy.world to Technology@lemmy.worldEnglish · 4 months agomessage-square184fedilinkcross-posted to: [email protected][email protected][email protected][email protected][email protected]
minus-squarelemming741@lemmy.worldlinkfedilinkEnglisharrow-up9·4 months agoNon-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
minus-squareAatube@kbin.melroy.orglinkfedilinkarrow-up4arrow-down1·4 months agoIt does mean that there are no shareholders and you have to be “limited in powers”.
minus-squarejatoo@lemmy.worldlinkfedilinkEnglisharrow-up2·4 months agoThis was a disappointing realisation about "Open"AI.
minus-squarelemming741@lemmy.worldlinkfedilinkEnglisharrow-up2·4 months agoThey have two divisions and only one is “open”
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”