Elon Musk opposes OpenAI's ICO plan due to credibility concerns

From Cointelegraph
November 15, 2024 11:31:02 PM:

Elon Musk warned that the proposed ICO for OpenAI would damage its credibility, as stated in a court filing.

The court filing revealed Musk’s concern that the ICO would lead to a significant loss of credibility for OpenAI.

Musk expressed his belief that the ICO would harm the reputation of OpenAI if pursued.

The Tesla CEO emphasized the potential negative impact of the ICO on OpenAI’s credibility.

Musk’s court filing highlighted his strong opposition to the proposed ICO for OpenAI.

Read more at Cointelegraph: Elon Musk ‘shot down’ OpenAI’s ICO plan in 2018 over credibility concerns