PANews reported on January 7 that Mario Nawfal, founder and CEO of IBC Group, stated on the X platform that a youth-led organization called Encode has submitted a shocking amicus brief urging the federal court to prevent OpenAI from transitioning to a for-profit entity, warning that this move could expose humanity to existential risks posed by artificial intelligence in pursuit of investor returns. Experts supporting this motion, including Nobel Prize winner Geoffrey Hinton and AI pioneer Stuart Russell, believe that transitioning to a for-profit entity would undermine safeguards designed to ensure that advanced AI aligns with public safety.
Encode Chair Sneha Revanur stated: "OpenAI's non-profit mission is not just a commitment — it is a lifeline for humanity. Turning it into a profit-making machine would put everyone at risk."
The court hearing for this case is scheduled for January 14.