The Power of Economic Incentives in AI Governance

The story of OpenAI's transformation from a nonprofit with altruistic goals to a tech company driven by profit highlights the significant impact of economic incentives on AI development. The shift from OpenAI to closed AI with the release of GPT-3 underscored the potential consequences of prioritizing profit over altruistic missions. The resignation of Helen Toner and the controversy surrounding the removal of Sam Altman shed light on the complexities of AI-board governance and the importance of external regulations to ensure responsible decision-making in the rapidly evolving field of artificial intelligence.