third option is he sets up some kind of foundation or trust arrangement and testaments his shares to that trust, which is then run by board of trustees as per trust charter. Usually meaning “well board of trustees is entrusted to see to the continued profitable management of the company by selecting suitable new management as comes necessary” combined with possible whatever extra instructions there is as to how to and underwhat principles the company is to be run.

Be it either private trust to benefit the descendants/described beneficiaries or a charitable trust with funds to be used for charitable causes.

Family trusts aren’t that unheard of to exactly avoid the splintering of the ownership and thus risk take over bit by bit.

At some point you really do just have enough money.

Well there is people to whom no amount of money is enough money. Not that it is at that point about, what you can do with that money. Rather by then the amount of money is a leader board and score board all to it’s own. The desire to be Forbes number 1 and then to be forbes number 1 with ever increasing lead to the number 2.

However all indications are, Gabe Newell isn’t one of those people. He would have had plenty of opportunities to cash out and then do some other business dealings to get ever bigger score card number. Don’t really know exactly what else it would tell of him or his character, but the one thing we can pretty confidently tell is “it seems he isn’t about just singularly amassing ever growing pile of wealth as large as possible”. He would have had plenty opportunity to enrich himself way more aggressively and he didn’t.

When Gabe Newell at some point leaves Valve, the company will change, no matter if it stays private or goes public.

Depends how that happens. Since frankly I think people think “the way Gabe Newell leaves ownership of Valve is by him eventually dying”. Since he has never shown any indication to sell. He has offered shares to employees as part of compensation packages, but as I understand even then he has controlling share.

So ofcourse the most simplest way is “Gabe dies and has done no special arrangement”… shares go to inheritance to his family. So his wife and children. Which might mean nothing changes or everything changes. Maybe he has given private last wishes, maybe not. However they get to decide. They might decide to keep the company as is. Since given they are inheritors of Gabes fortune, not like they would be immediately hurting for cash.

Second option is… Gabe does actual official arrangements. This isn’t unheard of in case of big private family or personal companies or holdings. For example he might put his shares in a foundation or trust with legally binding last wishes unlike non legally binding personal last wishes. Then what happens is whatever the trust charter is. Given example of say some European industrialist foundadtions like Bosch, instructions are left to run the company as commercial business by board of managers to best benefit of the company finances. However the one option the holders don’t have is “sell the company”, since the shares are hold up in the foundation/trust with instructions “never sell”. Company is to be run profitable enterprise as his and best ability of managers and then… the trust gets the profits and uses them for it’s purposes. It might be a private family trust, where upon the money is then shared to Gabes descendants, but don’t really have say in “we want to cash out, just lump sell our shares”. It could also be as in case of Bosch, that it is charitable foundation. After which all of the business profits of the Bosch conglomerate end up financing various charities, foundations, clinics and so on run by the Bosch stifftung.

It will change no doubt, since well Gabe isn’t there anymore with his personal personality and well each person has their own personality and influence. However it might not change as much as people think, if say his heirs decide to keep running the company based on same base ethos and principles as Gabe did.

That or everything might change. Two days after he dies, his estate sells Valve to Electronic Arts.

Well the thing is … yes Valve has shareholding investors… Only one that matter as far as anyone knows is Gabe Newell. Given it’s private corp, they don’t have to publicly tell what his exact ownership is and I think it is known it isn’t anymore 100% unlike at some point. However all “as far as we know” indications are, Gabe Newell maintains 50%+ controlling shareholding. Rest of the shareholders as people understand are employees and ex employees, who got private shares as part of compensation packages.

We don’t have actual look at the books, but Valve people have on multiple occasion said “Valve doesn’t have external investors”. Given it was public official comments by official people, I would think they wouldn’t lie about it. So there is no external VCs or share external investor investors.

Gabe pretty much has probably pretty universal control only limited by business regulation and maybe whatever clauses the corporate charter has. However since he was at one point sole owner, I doubt it contains anything too much curtailing him. Since the way any other people have gotten shares is by Gabe agreeing to give them or sell them to people in the first place.

As far as I understand at no point has Valve been cash strapped such as to need to ask for external investors. Since it is company founded by two early ex-Microsoft people who had made decently money at Microsoft already before Founding Valve. Gabe ended as sole owner as the other founding owner decided to leave the business and Gabe bought him out.

I get the “but different states sales taxes thing”, for national advert. However even then, just make them present example price

Get the new Moborola Bazer, only 549 dollars*
* price example for Buffalo new York, including taxes and fees

Since if one is going with “well the final price you pay might not be what was advertised”, make it be more representative and real. Yeah the final price might be different sometimes even lower depending on your local taxes compared to the example prices calculation locations taxes.

Local advertising or on the shelf prices? There is no excuse, you are selling in that location. You know what the taxes and fees are just add them in. Any rare special discount and discrepancy cases, well the people eligible for those know to expect the difference.

Well mostly the flaw is people assigning the test abilities it was never intended. Like testing intelligence. Turing outright as first thing in the paper presenting “imitation game” noted moving away from testing intelligence, since he didn’t know to do that. Even on the realm of “testing intelligent kind of behavior” well more like human like behavior and human being here proxy for intelligent, it was mostly an academic research idea. Not a concrete test meant to be some milestone.

If the meaning of the words ‘machine’ and ‘think’ are to be found by examining how they are commonly useit is difficult to escape the conclusion that the meaning and the answer to the question, ‘Can machines think?’ is to be sought in a statistical survey such as a Gallup poll. But this is absurd. Instead of attempting such a definition I shall replace the question by another, which is closely related to it and is expressed in relatively unambiguous words.

Turing wanted a way to step away from stuff like “thinking” and “intelligence” directly and then proposed “imitation game” mostly to the rest of the academia as way to develop computer systemics more towards “intelligent behavior”. It was mostly like “hey we need some goal to have as a goal to have something to move towards with these intelligence things. This isn’t intelligence, but it might be usefull goal or tool for development work”. Since without some goal/project/aim to have project don’t advance. So it was “how about we try to develop a thing, that can beat this imitation game. Wouldn’t that be good stepping stone. Then we can move to the actual serious stuff. Just an idea”.

However since this academic “thinking out aloud spitballing ideas” was uttered by the Alan Turing, it became the Turing Test and everyone started taking it way too seriously. Specially outside academia. Who yes did play the imitation game with their programs as it was intended as research and development tool.

exemplified by for example this little exerpt of “not trying to do anything too complete and ground breaking here”:

In any case there is no intention to investigate here the theory of the game, and it will be assumed that the best strategy is to try to provide answers that would naturally be given by a man

It is pretty literally “I had a thought”. Turin makes no claims of machine beating the game having any significance other than “machine beat this game I came up with, neat”. There is no argument of if machine beats imitation game, then X or then it means Y is reached.

Rest of the paper is actually about objections to the core idea of “it could ever be possible for machine to think” and even as such said imitation game is kinda lead in or introduction to Turing’s treatise various objections of various “it would be impossible for machine to think” arguments. Starting with theological argument of “only human soul can think. Hence no animal or machine can think.” … since it was 1950’s.

Yeah. Unless he has evidence… Yeah, don’t go around spewing that kind of stuff. How about going with “looks like middle-aged man having midlife crisis and currently in the “gym rat” phase of it”… little dig in there, but you know more realistic. Yeah he is little funny with the shirtless sports posing, so throw some shade over it. However it in no way implies cheating on his wife. Don’t know if he is, don’t know if he isn’t, but getting the middle life crisis hobby of “jiu-jitsu” doesn’t tell anything about that.

As said I think him getting in shape, sports and posing is way more about just bulk standard mid-life crisis. “Oh I’m getting little old. When did that midsection and belly got so wide. I should start a sports hobby to get in shape and avoid cardiovascular disease”. Some people get a motorbike to catch the lost youth. Others become gym rats/sports nuts to try to catch back their lost youth body.

Again which really wouldn’t be that interesting except billionaire and also him apparently getting so hooked on it, that he started competing in tournaments.

Doesn’t also remove anything from his horrible record of business ethics. He has absolutely horrible business ethics as most of these silicon valley billionaires in the advertising/social media sphere. Comes with the territory. One doesn’t start a targeted advertising social media business, if one values the ethics of peoples right to privacy.