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What is Digital Life? with OpenAI Co-Founder & Chief Scientist Ilya Sutskever
No Priors: Artificial Intelligence | Technology | Startups
The Evolution of Cap Profit
The goal of OpenAI is to ensure that artificial general intelligence benefits all of humanity. Initially, they thought open sourcing technology and operating as a nonprofit would be the best approach. However, they later realized that significant compute power is needed for progress in AI. As a result, OpenAI became a cap profit company, where investors contribute money but have limits on their returns. This approach allows them to build a large cluster and continue their mission.
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