A coalition of legal experts and former OpenAI employees opposes the organization's proposed restructuring to transfer AGI control to a for-profit entity, arguing it contradicts its charitable purpose. OpenAI's founding mission is to ensure AGI benefits humanity rather than private interests. The existing nonprofit structure helps balance market forces against charitable intentions, and its dissolution would violate fiduciary duties and risk public welfare. As regulators, it's crucial for Attorneys General to safeguard the organization’s commitment to its beneficiaries amid significant advancements in AGI technology.
We express our opposition to OpenAI's restructuring that shifts control from a nonprofit to a for-profit entity, risking its core charitable mission to benefit humanity.
The heart of this matter is whether the proposed restructuring advances or threatens OpenAI's charitable purpose, which is to ensure AGI benefits all of humanity.
This legal structure, based on nonprofit control, is critical to OpenAI's mission; removing it would violate fiduciary duties to its beneficiaries.
As regulators, you have the duty to protect OpenAI's beneficiaries, but the proposed restructuring would undermine that ability and public interest.
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