OpenAI abandons bid to go for-profit: Context & Analysis

OpenAI's corporate governance saga continues... In this video, I discuss the recent news that they have abandoned their effort to reincorporate with a for-profit status and discuss context like...

- their history as a not-for-profit

- the role of threatened lawsuits from Elon Musk

- SoftBank's "IPO-or-die" rider

- why becoming a public benefit corporation helps

- why becoming a public benefit corporation doesn't help

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