OpenAI's 'For-Profit' Switch Promises a 'Humanitarian' Benefit Despite The Corporate Shift

OpenAI's 'For-Profit' Switch Promises a 'Humanitarian' Benefit Despite The Corporate Shift
techtimes.com

by Isaiah Richard • 1 month ago

OpenAI plans to transition to a for-profit business model while maintaining its humanitarian mission. The company aims to balance public benefit and shareholder interests by becoming a Delaware Public Benefit Corporation (PBC). This shift is contested by co-founder Elon Musk, who argues it contradicts OpenAI's original purpose. Despite resistance, OpenAI believes this change will enhance its ability to develop AI safely and sustainably for the benefit of humanity.

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