AI BriefingThe For-Profit OpenAI Elon Musk Wanted
Key point
In response to Elon Musk's legal action, OpenAI disclosed that he had previously demanded a for-profit corporate structure and sole control over management.
Details
In response to Elon Musk's recent legal action, OpenAI released a timeline revealing that he had previously pushed for OpenAI to become a for-profit company while demanding control and equity.
In 2017, Musk proposed a for-profit structure as OpenAI's new form, demanding majority equity, absolute control, and the CEO position. However, OpenAI rejected this, judging that granting him exclusive control would go against the organization's mission.
Musk then resigned as co-chairman in 2018, claiming that OpenAI would fail unless it merged with Tesla. He also pressured the organization to immediately raise billions of dollars every year.
Musk currently runs xAI, a competitor to OpenAI. OpenAI stated that it hopes Musk will compete in the marketplace rather than in the courtroom, and that it will continue its mission of developing AGI that benefits all of humanity.
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