If the deal is in California's and OpenAI's interests roughly than there is no corruption. Sure they're using their big weapons but there's not a major principal-agent divergence on either side from what I can see. Altman wants to build the business (and make money) and California wants the tax revenue and maximize chances of the core business remaining largely in the state.
If the deal is in California's and OpenAI's interests roughly than there is no corruption. Sure they're using their big weapons but there's not a major principal-agent divergence on either side from what I can see. Altman wants to build the business (and make money) and California wants the tax revenue and maximize chances of the core business remaining largely in the state.
...No? It's very common to incentivize companies to locate at some areas. Special Economic Zones are not some western-only idea.
Actually you got it upside down. Only in western countries people will think it's corruption.
It's only corrupt if it's our "enemies" who does it!
The WSJ did describe it as a "subtle threat".
In California, it's called an "impact fee"