#governance structure

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nordicinst10 months ago
The Guardian @guardian: The frantic battle over OpenAI shows that money triumphs in the end | Robert Reich | The Guardian. #aistrategy #aiact #industry40 https://t.co/nE8sR74GHV
www.theguardian.com
10 months ago
Artificial intelligence

The frantic battle over OpenAI shows that money triumphs in the end | Robert Reich

OpenAI, originally a research-oriented non-profit, shifted to a capped profit structure in 2019 to attract investors.
The involvement of big money and profit-seeking investors is endangering OpenAI's non-profit safety mission.
Building an enterprise to gain the benefits of AI while avoiding risks involves a governance structure with ethicists, a for-profit commercial arm, and limitations on profit flow. [ more ]
www.theguardian.com
10 months ago
Artificial intelligence

The frantic battle over OpenAI shows that money triumphs in the end | Robert Reich

OpenAI, originally a research-oriented non-profit, shifted to a capped profit structure in 2019 to attract investors.
The involvement of big money and profit-seeking investors is endangering OpenAI's non-profit safety mission.
Building an enterprise to gain the benefits of AI while avoiding risks involves a governance structure with ethicists, a for-profit commercial arm, and limitations on profit flow. [ more ]
Above the Law
10 months ago
Law

Morning Docket: 11.21.23

Man brings defamation claim against Elon Musk
Trump organization officials claim Mazars was aware of valuation tactics
Turmoil at OpenAI traced back to governance structure [ more ]
www.fastcompany.com
10 months ago
Artificial intelligence

OpenAI's board: Who are the 4 directors who fired Sam Altman, and will they stay if he returns?

Open AI CEO Sam Altman could potentially return to the company if a new board of directors and governance structure is put into place.
Altman's dismissal was due to a breakdown of communications, not misconduct.
Four board members were responsible for Altman's ouster. [ more ]
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