Last October, the news that OpenAI was planning to simplify its unusual nonprofit structure caught the attention of economic-justice activist Orson Aguilar. He feared that the ChatGPT maker’s plan to transition into a more conventional company, from which investors could generate unlimited returns, would financially hurt the working-class communities he has spent nearly 30 years fighting to protect.
Aguilar’s new organization, LatinoProsperity, focuses on intergenerational wealth building, and he believed cutting-edge AI chatbots such as ChatGPT would become an integral part of many good-paying jobs of the future. But after reading about OpenAI’s desires, he worried that transitioning into a public-benefit corporation empowered to
→ Continue reading at WIRED
