Birdwatch Note Rating
2024-09-27 14:24:52 UTC - NOT_HELPFUL
Rated by Participant: C7E50CDAB91E52D696CF4766293C92C79987655963CD243B8E45771833F19566
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