Birdwatch Note Rating
2024-09-28 04:59:54 UTC - HELPFUL
Rated by Participant: 8AED3501C2691D7F2B4509441D8C1C0622C30AB507F3A63B157FF855FB68E92C
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