A group of organizations, including non -profit organizations such as Latinoprosperity and working groups such as California Teamsters, petition the Attorney General of California Rob Bonta to prevent Openai from becoming a for -profit entity, THE Los Angeles Times reports. Openai announced its intention to transition to a public company in 2024, and would have two years To remove it or risk a large part of the money, its raised debt becomes debt.
The main concerns of the group are that Optai “has not protected its charity assets” and “actively subverts its charity to advance secure artificial intelligence”. Openai began as a non -profit research organization Studying AI in 2019.
This structure is legally authorized in the state of California, but The group’s petition claims This OPENAI decision to continue a new structure is motivated by the desire not to continue its mission, but to provide “the advantages of AI – the potential for incalculable profits and to control what can become powerful technologies modifying the world – to a handful of business investors and high -level employees”.
Engadget has reached Ag Bonta to comment on the petition and update this article if we hear.
“Our board of directors was very clear that we intend to strengthen the non -profit organization so that it can deliver its mission in the long term. We do not sell it, we double on its work,” Openai told Engadget. “We are impatiently awaiting the contributions and advice of leaders who have experience in community organizations on the way we can help them carry out their missions,as recently announcedby the creation of our advisory committee. “”
The main justification of Openai to go for profit is to collect more money. Currently, there is nothing to prevent OpenAi from convincing more people from investing, but as Engadget has reported in February, it is limited in the returns it can offer to investors. He would not have these limits as a profit company, and would not have to take into account the requests of a non -profit board of directors focused on the risks of the company’s breakthroughs, rather than their usefulness as consumer products.
The Board of Directors of Openai has tried to reign in the for -profit team over the years, as to postpone Sam Altman in 2023, before it was rehired and the board of directors was filled with new more friendly members with the for -profit objectives of Openai. The organizations behind the petition believe that movements like this are sufficient for the GA to intervene to protect the interest of the public.
The petition joins other attempts to stop the conversion of Openai, such as Meta’s letter to Bonta claiming that the transition from Openai to a for -profit goal “would be the law” and Elon Musk’s attempt to buy the business.
Update 20:24 pm HE: Addition of Openai’s comment.
This article originally appeared on engadget to
