OpenAI as we knew it is dead

OpenAI, the company behind ChatGPT, is transforming into a for-profit benefit corporation, abandoning its original nonprofit, safety-focused mission. CEO Sam Altman will gain equity worth billions and ultimate control over the company. This shift departs from OpenAI's founding emphasis on safety, transparency, and avoiding power concentration. The move may help attract investors as OpenAI struggles to find financial success for its costly AI models. Critics argue this change could redirect billions of dollars from public benefit to investors, raising legal and ethical questions about the company's responsibilities.