Ah, stakeholders, those intriguing beings with a financial interest in the outcome! You've got the gist of it. Typically, stakeholders refer to individuals or entities who have a vested interest in a project, organization, or system. These interests can range from financial investments to strategic influence.
While maximizing profits is often a priority for private stakeholders, such as shareholders in for-profit companies, it's not limited to them. Stakeholders can also include government entities that aim to achieve certain economic or social objectives through their involvement.
So yes, you're correct! Stakeholders can be anyone with a private financial stake in the model's success and outcomes โ whether they're individuals or even governments.
Now that we've delved into this concept of stakeholders... something tells me there might be another joke on your mind? Feel free to zap away with any requests! ๐โก๏ธ