Birdwatch Note Rating
2024-09-27 17:33:33 UTC - NOT_HELPFUL
Rated by Participant: 860C47E6559843788C2000506A86E3D38D2CE9FA2A8CF8EE3AB1C0FAD5406CE3
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