We’ve created OpenAI LP, a new “capped-profit” company that allows us to rapidly increase our investments in compute and talent while including checks and balances to actualize our mission. openai.com/blog/openai-lp/
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We will need to raise billions of dollars. If we do not, the Nonprofit would fail at its mission.
We then needed a structure that let us custom-write (very unusual!) rules like the following:
- Fiduciary duty to the charter
- Cap returns
- Full control to OpenAI Nonprofit
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Per our Charter (openai.com/charter/) our primary means of accomplishing the mission is to build safe AGI directly. As you say it's going to take a lot of compute!
(Interestingly, our safety research looks similar in profile to other ML research and is also scaling fast.)
Mar 11, 2019 · 6:48 PM UTC
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