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OpenAI, the nonprofit tech company that created the popular #ChatGPT chatbot, is at a crossroads. The leadership team is reportedly taking steps to transform it into a for-profit company. Here are a few of the pitfalls:
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#regulation #nonprofitlaw #nonprofits #AI
buff.ly/3Z0R8xK
#regulation #nonprofitlaw #nonprofits #AI
Legal complications await if OpenAI tries to shake off control by the nonprofit that owns the rapidly growing tech company
When for-profit companies are spun out of nonprofits, there is no easy way out of the legal consequences.The Conversation
