Scott provides a detailed analysis of OpenAI's attempt to convert from nonprofit to for-profit status, including the legal challenges, competing offers, and implications for AI development. Longer summary

The post explains the complex situation around OpenAI's attempt to convert from a nonprofit to a for-profit structure. Scott details the history of OpenAI as a nonprofit, why they want to change, and the various legal and financial challenges they face. The post covers Sam Altman's proposed buyout plan, Elon Musk's competing offer and lawsuit, and the role of state Attorneys General in approving any conversion. The post also explains the implications for AI development and safety, and contrasts OpenAI's structure with Anthropic's different approach to balancing profit with beneficial AI development. Shorter summary

Scott Alexander speculates on a future 'ascended economy' where AI-run corporations dominate, discussing potential implications and risks of such a system. Longer summary

This post explores the concept of an 'ascended economy', where economic activity becomes increasingly detached from human control. Scott Alexander speculates on a future where corporations are run by algorithms, workers are replaced by robots, and even investment decisions are made by AI. He discusses the potential implications of such a system, including the formation of self-sustaining economic loops that don't involve humans, the difficulty of regulating AI-run corporations, and the risks of goal misalignment in superintelligent economic entities. While acknowledging that this scenario is highly speculative and unlikely to occur exactly as described, Scott uses it to explore important questions about AI safety, economic evolution, and the long-term consequences of automation. Shorter summary

A collection of interesting links spanning topics from CRISPR technology to economic studies, with Scott's commentary on each item. Longer summary

This is a links post collecting various interesting articles and studies across multiple domains. Scott shares updates on CRISPR technology, corporate governance issues, demographic claims about Bernie Sanders supporters, studies about gender bias, and various economic research. The post includes both lighter observations (like different views of the White House) and serious academic papers about genetics, intelligence, and economic development. The format is typical of SSC links posts, with brief commentary on each link and occasional humorous asides. Shorter summary

Scott reviews 'A Future for Socialism', finding its economic proposals underwhelming but valuable for its insights on corporate governance and principal-agent problems. Longer summary

Scott Alexander reviews John Roemer's book 'A Future for Socialism', which proposes a system where everyone owns an equal share of nationalized industries through non-transferable stock coupons. The book argues this would align incentives and solve public goods problems. Scott finds the basic income aspect underwhelming and questions some assumptions, but appreciates Roemer's clear thinking on capitalism's strengths. The review highlights how joint-stock corporations effectively solve principal-agent problems, which Scott finds to be the book's most valuable insight. Shorter summary