Birdwatch Note Rating
2024-09-27 19:03:19 UTC - NOT_HELPFUL
Rated by Participant: 8118C7538789203CF588821879204817D4BB5AEEBE74A826E7EC6EBD95375462
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