This is how OpenAI plans to prevent hostile takeovers
What's the story
OpenAI, the leading artificial intelligence (AI) research lab, is considering special voting rights, as per Financial Times.
The move would protect the organization from hostile takeovers, particularly from influential personalities like Elon Musk.
The main goal behind the consideration is to keep OpenAI's autonomy and mission intact amid growing interest from investors and tech moguls.
Industry trend
A trend in tech industry: Dual-class share structure
The debate over special voting rights comes in line with a wider trend in the tech industry, where companies are working to retain control over their business and direction.
OpenAI is also mulling a dual-class share structure that would allow some stakeholders, likely its founders and top executives, to have more influence in decision-making.
This potential change highlights OpenAI's commitment to its founding principles and ethics in AI development.
Ethical focus
Commitment to safety and human values
OpenAI is dedicated to putting safety and alignment with human values at the forefront of its AI development.
The company believes that these principles could be undermined if it gives in to external pressures from shareholders whose main goal is profit maximization.
With the AI landscape evolving so rapidly, OpenAI's leadership is aware of the challenges that acquisitions or hostile bids could pose.