Why is OpenAI so hellbent on changing its structure?

OpenAI has been trying to switch from a nonprofit business model to a for-profit corporation for a while now, drawing intense criticism along the way. That's no longer happening now, thanks to the latest development coming from Sam Altman & Co. But because OpenAI wants to develop AGI, and because people use so much ChatGPT AI that OpenAI can't keep up, the company is switching to a Public Benefit Corporation (PBC) structure that will be under the full control of the nonprofit entity.

Obviously, they're also doing it because this structure will allow better compensation for employees who want equity and the growing list of investors who are pouring billions into OpenAI and will want to make money off of ChatGPT in the long run.

Continue reading...

The post Why is OpenAI so hellbent on changing its structure? appeared first on BGR.

Today's Top Deals

1. Today’s deals: $349 MacBook Air, 45% off TP-Link WiFi 7 mesh, $299 Vitamix Explorian blender, more


2. Today’s deals: $4 iPhone chargers, 51% off Beats Studio Pro ANC headphones, $80 Roku Ultra, more


3. Today’s deals: $99 AirPods 4, $350 off eufy X10 Pro Omni, $25 Fire TV Stick 4K, $250 KitchenAid mixer, more


4. Today’s deals: 20% off gift cards on Amazon, $849 M4 MacBook Air, $500 off Omni S1 Pro, more