Birdwatch Archive

Birdwatch Note

2024-09-27 13:54:37 UTC - NOT_MISLEADING

Elon is technically correct. You can't convert a non-profit into a for-profit. Even the sources listed in the CN shown state that the assets must be sold and then reincorporated. That's not a conversion. OpenAI would need to be sold to open a new for-profit venture. https://www.aprio.com/can-nonprofit-convert-profit/

Written by 996C4886C68D62419A252371A46DEAC4D36F0DD8242BF02DD28468475CFD487A
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• ID - 1839664949632651427
• noteId - 1839664949632651427
• participantId -
• noteAuthorParticipantId - 996C4886C68D62419A252371A46DEAC4D36F0DD8242BF02DD28468475CFD487A Participant Details
• createdAtMillis - 1727445277971
• tweetId - 1839186902915662324
• classification - NOT_MISLEADING
• believable -
• harmful -
• validationDifficulty -
• misleadingOther - 0
• misleadingFactualError - 0
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• notMisleadingFactuallyCorrect - 1
• notMisleadingOutdatedButNotWhenWritten - 0
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• summary
• Elon is technically correct. You can't convert a non-profit into a for-profit. Even the sources listed in the CN shown state that the assets must be sold and then reincorporated. That's not a conversion. OpenAI would need to be sold to open a new for-profit venture. https://www.aprio.com/can-nonprofit-convert-profit/