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Ya, it's a joke at this point. Better they just kill the non-profit and stop pretending.



Surely they don't do it without a reason. And I don't know what the reason is, but I must assume it's some financial benefit (read, tax evasion), and not our opinion.


Why doesn't the government do it for them, fining them along the way?


I have no idea how it will all play out, but I will be shocked if there is no government investigation coming out of all this.


Yea, it seems really weird that he and others can just form a non-profit and then later have it own a for-profit with the full intention of turning everything into a for-profit enterprise. Seems like tax evasion and a few other violations of what a non-profit is supposed to be.


Yep, if this is an acceptable fact pattern, it seems to create a bunch of loopholes in the legal treatment of non-profits vs for-profits. I think the simpler conclusion is that it actually isn't an acceptable fact pattern, and we'll be seeing fines or other legal action.


But then they’d have to pay taxes, and all those corporations don’t get the juicy tax detections for “donating” to AI tech that will massively increase their profits.




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