The important bit (which seems unclear from this article), is the exact relationship between the for-profit and the not for profit?
Before, profits were capped, with remainder going to the non-profit to distribute benefits equally across the world in event of agi / massive economic progress from agi. Which was nice, as at least on paper, a plan for an “exit to humanity”.
This reads to me like the new structure might offer uncapped returns to investors, with a small fraction reserved to benefit the wider public via this nonprofit. So dropping the “exit to humanity”, which seemed like a big part of OpenAI’s original vision.
Early on they did some good research on this too, thinking about the investor model, and its benefits for raising money and having accountability etc in todays world, vs what the right structure could be post SI, and taking that conversation pretty seriously. So it’s sad to see OpenAI seemingly drifting away from some of that body of work.
Before, profits were capped, with remainder going to the non-profit to distribute benefits equally across the world in event of agi / massive economic progress from agi. Which was nice, as at least on paper, a plan for an “exit to humanity”.
This reads to me like the new structure might offer uncapped returns to investors, with a small fraction reserved to benefit the wider public via this nonprofit. So dropping the “exit to humanity”, which seemed like a big part of OpenAI’s original vision.
Early on they did some good research on this too, thinking about the investor model, and its benefits for raising money and having accountability etc in todays world, vs what the right structure could be post SI, and taking that conversation pretty seriously. So it’s sad to see OpenAI seemingly drifting away from some of that body of work.