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by sedatk 13 days ago
> So AT is governed by a single for-profit entity

A Public Benefit Corporation to be precise. So they are legally obligated to favor public benefit.

2 comments

OpenAI proved even being a nonprofit can be handled away if the money's good enough. PBCs are much weaker in that regard than nonprofits.
No, public benefits are allowed to include public interest reasons in their decision making, they are not required.

This structure was created to allow a business to protect the interest of the public when it conflicts with the interests of their shareholders