Open is not a regulated term. Any company can call themselves open regardless of their actions.
OpenAI is the most apt example as both GPT-4 and Dalle 3 are proprietary closed source software, despite their name.
Henceforth I will refer to OpenAI as ClosedAI.
OpenAI used to be a non-profit until 2019, so they had no objection for releasing what they made. But investors tend not to look too kindly at giving your secrets away for free. It’s rather hard to get people to pay ridiculous API and licensing fees if all they have to do to get it for free is to make their own fork.
I am altering the deal. Pray I don’t alter it any further.
The real shocker here is that anyone is surprised.
This is the best summary I could come up with:
In line with that spirit, OpenAI’s reports to US tax authorities have from its founding said that any member of the public can review copies of its governing documents, financial statements, and conflict of interest rules.
OpenAI’s abandonment of the long-standing transparency pledge obscures information that could shed light on the recent near-implosion of a company with crucial influence over the future of AI and could help outsiders understand its vulnerabilities.
Access to OpenAI’s conflict-of-interest policy could show what power the new board really has over Altman and his outside pursuits, which include personal investments in numerous startups pursuing AI projects and a nuclear reactor maker.
His day job and personal projects intermingling played some role in board members’ distrust, according to people involved in the situation but not authorized to discuss it.
Some sunlight on OpenAI’s governing documents could reveal whether it has made revisions to stabilize an unusual corporate structure and potentially pacify backers such as Microsoft.
The company’s founding bylaws, publicly available via its 2016 application to the Internal Revenue Service for tax-exempt status, indicate how a fraction of the board could take control and push out Altman.
The original article contains 687 words, the summary contains 191 words. Saved 72%. I’m a bot and I’m open source!
