

It seems like a complicated but repeatable formula: Start a non-profit dedicated to some technology, leverage the charity status for influence and tax avoidance and PR and recruiting true believers in the initial stages, and then make a bunch of financial deals conditional on your non-profit changing to for profit, then claim you need to change to for-profit or your organization will collapse!
Although I’m not sure how repeatable it is without the “too big to fail” threat of loss of business to state AGs. OTOH, states often bend the rules to gain (or even just avoid losing) embarrassingly few jobs, so IDK.



I’ve seen redditors on /r/singularity planning on buying OpenAI stock if it goes public. And judging by Tesla, cultists buying meme stock can keep up their fanaticism through quite a lot.