the backups in borg and restic are not classical copies, each snapshot is not independent, it is a collection of hashed blocks. In a sense, time machine and hard links do the same: they reference the same bits across snapshots, saving space. for the bit rot / faulty sector or failed drive, you use redundancy with RAID or similar in your file system. if all else fails and your backup system burns in a fire, then you reach for your other backup. deduplication and redundancy solve different problems.
I like and use your products, so, first of all, thank you!
that the protocol was not open was one of my main issues for not using the vpn service,?it is great to see. i look forward for the upcoming audits.
one thing i would like to see more is info about the company. the team, the offices, etc. there have been rumors and contradictory infos over the years, and the blog always have a “stock photo”, shady vibe. putting your address in google maps brings you to a shady alley… improving the image of the company (in my opinion) as it is now would do lots to create and improve trust.
The gist is that the nonprofit still controls the board. The details of course are surely full of technicalities I cannot find anywhere.
At least to me, the walkthrough was useful to see what changed.
From what I understand reading Mat Levine explanation of the topic, the non-profit controls the board and has supervoting rights, so it cannot be diluted to be outed.
The case of OpenAI is very unique. The structure is very successful. See Meta, Google, Palantir.
Some take the form of different stock classes, with some classes having voting rights, and others no vote at all; other schemes are stock with supervoting rights.
The nonprofit will continue to control the PBC, and will become a big shareholder in the PBC, in an amount supported by independent financial advisors, giving the nonprofit resources to support programs so AI can benefit many different communities, consistent with the mission. And as the PBC grows, the nonprofit’s resources will grow, so it can do even more. We’re excited to soon get recommendations from our nonprofit commission on how we can help make sure AI benefits everyone—not just a few. Their ideas will focus on how our nonprofit work can support a more democratic AI future, and have real impact in areas like health, education, public services, and scientific discovery.
My understanding is that there are two types of stock, and the non profit controls the voting stock majority. This cannot be diluted. All other stock gives a (capped) fraction of the profits. This cannot be diluted by these operations, but the cap also can be a bad deal.