3 ms·
OpenAI started off wide-eyed and idealistic but it made the mistake of taking on investors for a non-profit mission. A non-profit requires sponsors, not invest
by say_it_as_it_is 6y ago
OpenAI started off wide-eyed and idealistic but it made the mistake of taking on investors for a non-profit mission. A non-profit requires sponsors, not investors. Investors have a fiduciary responsibility to maximize profits, not achieve social missions of open AI for all.
- gdb 6y agoOpenAI LP, our "capped-profit" entity which has taken investment, has a fiduciary duty to the OpenAI Charter: https://openai.com/blog/openai-lp/ https://openai.com/blog/openai-lp/
- say_it_as_it_is 6y agoMind changed. Keep leading the way!