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IPFS News Link • Robots and Artificial Intelligence

OpenAI Made Super Spam Generator and Now Seeks Investors and Profit

• https://www.nextbigfuture.com, brian wang

OpenAI has now announced they are seeking investors and will change from being a non-profit to seeking profit. OpenAI was started as a non-profit by Elon Musk and others wealthy technologists concerned about creating safe Artificial General Intelligence. They are creating OpenAI LP, a new "capped-profit" company that allows us to rapidly increase our investments in compute and talent while including checks and balances to actualize their mission. They now want to make money and save the world from evil Artificial General Intelligence. They need to invest billions of dollars in upcoming years into large-scale cloud computing, attracting and retaining talented people, and building AI supercomputers. Sam Altman stepped down as the president of Y Combinator, the Valley's marquee startup accelerator, to become the CEO of OpenAI LP. The new limitations on profit for investors in OpenAI is one hundred times their investment. I do not think there is any limitation against OpenAI forming new limited partnerships down the road to enable more profits to be captured by investors. They are already shifting from non-profit to profit with the 100X limit. OpenAI LP currently employs around 100 people organized into three main areas: capabilities (advancing what AI systems can do), safety (ensuring those systems are aligned with human values), and policy (ensuring appropriate governance for such systems). OpenAI Nonprofit governs OpenAI LP, runs educational programs such as Scholars and Fellows, and hosts policy initiatives.


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