OpenAI, the artificial intelligence company with a valuation nearing $86 billion, is reportedly considering a shift from a capped-profit to a fully for-profit model to boost research in artificial general intelligence (AGI). To support this transition, OpenAI has expanded its board with high-profile leaders from various sectors, including former CEO of the Bill and Melinda Gates Foundation, Sue Desmond-Hellmann, and ex-VP at Sony, Nicole Seligman.
The shift to a full-profit model is seen as a response to the challenges of sustaining AGI research under the current financial constraints. This move could attract more investment and engage stakeholders more effectively, accelerating OpenAI's research and development efforts.
However, the proposed changes have sparked public debate and criticism, with concerns primarily focusing on privacy implications and the ethical dimensions of appointing a former NSA director to the board. Despite potential profits, OpenAI continues to warn stakeholders that investments should be seen as high-risk endeavors, reflecting its commitment to balancing profit motives with ethical considerations.