To advance its mission to benefit everyone, OpenAI will become entirely profit-driven

The thing you should know about OpenAI, according to OpenAI, is that its sole goal is to solve “the most important challenge of our time” in order to benefit all of humanity and the entire world.

The organization said in a statement that this will continue advertisement On Friday, even as it restructures itself from a nonprofit-controlled company into a stand-alone company that happens to be spending a lot of money on an affiliated nonprofit.

How does this refactoring help OpenAI achieve its mission of benefiting all humans and non-human things? Well, it’s simple. “The current structure of OpenAI does not allow the Board of Directors to directly consider the interests of those who will fund the mission.” Under the new structure, OpenAI’s leadership will finally be able to raise more money and pay attention to the needs of billionaires and the trillion-dollar technology companies in which it invests. May everyone benefit

Not mentioned in the press release was the fact that a year ago the nonprofit board that oversaw OpenAI unsuccessfully tried to give CEO Sam Altman a shot at the job. “Outright lying” In ways that made, according to former board member Helen Toner, difficult for the board to ensure that “the mission of the public good of the company was first, and comes first — over profits, the interests of investors, and other things.”

With its new structure, OpenAI wants to maintain at least the façade of altruism. The for-profit corporation will be incorporated as a Delaware public benefit corporation, which means its board of directors can consider how the company’s actions affect stakeholders such as employees and customers as well as its fiduciary responsibility to shareholders (its corporate law experts He pointed out Regular companies also have complete freedom to do so).

Other publicly traded Delaware public benefit corporations include Laureate Education, which operates a chain of for-profit universities around the world, including the one that was accused Several times From misleading students about the cost of its degree programs (Laureate sold Walden University before the university settlement A class action lawsuit filed earlier this year for $28.5 million). Another company is Lemonade Inc., an insurance company Once announcedThe company quickly apologized for the artificial intelligence feature that it claimed was able to detect fraudulent customers by analyzing their faces.

Mixed with everything Effective accelerator The takeaway from OpenAI’s announcement is a clear message that the new company plans to raise more money to advance its push toward artificial general intelligence (AGI). According to a report from InformationOpenAI and Microsoft have defined artificial general intelligence as systems that can generate at least $100 billion in profits. You know, the hallmark of intelligence.

What will happen to the nonprofit that currently oversees the company is less clear, though it certainly won’t spend as little. Not a very traditional nonprofit at first, it quickly raised $137 million in cash in donations from Elon Musk and other tech moguls as well as more than $100 million in free computing from Google, Microsoft, and others in order to create creative solutions. Artificial intelligence systems that for-profit companies are now taking advantage of.

After the corporate transition is complete, the nonprofit will have no oversight duties at OpenAI but will receive shares in the new for-profit company and will be “one of the best-resourced nonprofits in history,” according to the OpenAI press. He releases. This will allow it to “pursue charitable initiatives in sectors such as healthcare, education and science.”

Needless to say, it won’t be long before we all start benefiting from her charity.