Birdwatch Note Rating
2024-09-27 15:22:27 UTC - HELPFUL
Rated by Participant: 7F3B8449F772C24765C82F6FE1F6089EF80C3F7D9234462DA1BD52D5C33DF90A
Participant Details
Original Note:
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/
All Note Details