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Mastodon forms new U.S. non-profit
(blog.joinmastodon.org)
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this post was submitted on 27 Apr 2024
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Welp, don't like that. US nonprofit is a huge misnomer. For the most part they're used by the wealthy to create businesses that don't need to pay taxes.
They are also used by non profit organisations so...
All I'm saying is generally when those in big tech establish a non profit, it's for the wrong reasons, or it eventually becomes the wrong reasons. Look at open AI. They had a non profit and and profit side. The non profit side essentially controlled with the for profit side did, then when they ousted the CEO for doing things that were clearly in the interest of profit over the betterment of society, the CEO had set it up so that without him the open AI ship began to sink. Then those on the board that were against him were ousted from the board. It was a hostile takeover.
I'm not saying that's going to happen with mastadon, I'm just saying they have some key players that are investors and/or long time workers in big tech and it puts a bad taste in my mouth.
The open AI governance model was doomed to fail, however, and structurally had no chance to work. By ignoring human nature and greed, things ended up with the profit side getting backing from a massive for profit company and employees voted with their pocket instead of sticking to some mission statement idealized by the non-profit board.