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OpenAI shares Elon Musk emails urging startup to raise $1 billion, see Tesla as a cash cow in its early years (www.cnbc.com)

submitted 4 months ago by vegeta@lemmy.world to c/technology@lemmy.world

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The reproduced messages follow a starkly different point of view Musk represented last week, when he sued OpenAI, CEO Sam Altman and President Greg Brockman, alleging breach of contract and unfair competition.

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[–] NotMyOldRedditName@lemmy.world -4 points 4 months ago* (last edited 4 months ago) (1 children)

The way companies and ownership work that's actually quite possible and reasonable.

The count of shares you have represent how much control you have over a company.

If you own a company private or public that does well and you want to retain control of it, you need to own at least over 50% of the voting rights.

Wanting to control your company isn't that outlandish a desire. There have been plenty of stories of people getting ousted over the years.

Simply owning a company that does well could result in you becoming a billionaire.

And I'm not arguing against what the other poster said, to get to that point there's gotta be some level of ruthlessness, disregard for others etc.

Just that there is actually a reason to desire more even if you have all your needs met. Being rich shouldn't mean you have to give up control, and its really hard to change corporate structure once public.

Facebook for example is set up where Zuckerberg has >50% voting rights. Is that bad? Probably. But it's his company, and I don't fault him for wanting to keep it that way.

Edit: and yes I'm aware of Zucks fuckery to get / maintain that share and his co-founders

[–] STOMPYI@lemmy.world 14 points 4 months ago (1 children)

all billionaires have some form of sociopathy and lack of empathy

[+] NotMyOldRedditName@lemmy.world -8 points 4 months ago (1 children)

Sure. But that doesn't negate a real motive/desire for more thats unrelated to that.

[–] STOMPYI@lemmy.world 10 points 4 months ago (1 children)

So a sociopath with little empathy is allowed to have insane power because we don't want to negate what you think is a natural human desire for more? That same desire which we are arguing is sociopathic? You are empathizing with billionaires and defending disparity because we don't want to dampen the human spirit which you feel is centered around desire? I'm not baiting you anymore just curious how you end up with such a different view, unless you are a billionaire... You crafted this odd story of ownership to illustrate a point and its only providing me evidence of the sickness that started this conversation...