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THE DAILY INDEX

Technology, AI, software, security, crypto and business

GENERAL

TLDR

OPEN SOURCE IS NEITHER A COMMUNITY NOR A DEMOCRACY

Using open source software doesn't entitle one to a vote on the direction of that project. Democratic decision-making never existed in the open source world. The majority of open source projects are run by a small group of core contributors who advance the project, review patches, and guard the integrity of the vision. Open source is first and foremost a method of collaboration between programmers who show up to do the work. It is not a program for users to get free stuff or a seat at the table where decisions are made.

THE MAKER OF STABLE DIFFUSION IS COLLAPSING, CONSIDERING SALE

Stability AI is in big financial trouble and is in talks to be sold off. The company generated less than $5 million in revenue in the first quarter of this year while losing more than $30 million. It is reportedly sitting on $100 million worth of outstanding bills. The company lost its CEO Emad Mostaque in March and it is currently facing legal troubles over using Getty Images' intellectual property to train AI models.

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