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These decisions are made by business owners in response to supply and demand rather than government objectives. The term “free market capitalism” refers to an economy that puts no or minimal ...

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The PBC will run and control OpenAI’s operations and business, while the nonprofit will hire a leadership ... profit transition within two years. The plan faces hurdles. One of OpenAI’s ...

This division will “run and control OpenAI’s operations and business,” while OpenAI’s nonprofit will retain a stake in the business but lose its oversight role. The nonprofit will operate ...