OpenAI chases big money

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OPENAI TAKES FOR-PROFIT APPROACH 🤑

More money, more problems? OpenAI doesn’t think so! 🙃

What’s happening? OpenAI is preparing to restructure its business, transitioning from a non-profit-controlled entity to a for-profit benefit corporation.

What will this look like? This proposed restructuring will see OpenAI’s non-profit retain a minority stake, while CEO Sam Altman will gain equity in the for-profit side for the first time. This shift is expected to attract heavy investments, as the company's valuation could reach $150 billion. The restructuring is designed to make OpenAI more competitive, able to directly compete for profits with tech giants like Google, Apple, xAI, and Anthropic.

Why is this important? Although this may seem like an irrelevant change to the average person, it raises significant questions about governance and AI safety. Critics worry that the company could drift from its mission to develop safe and beneficial artificial general intelligence (AGI) in pursuit of profits (not that this hasn’t already been happening, but this new approach means they don’t have to hide it as much). OpenAI has reaffirmed its commitment to safety despite the new approach, with the non-profit remaining a core element of its structure. But does anyone really believe that?

META AI GETS UPDATED FEATURES 👍

My mother hates my new girlfriend. I’m not sure why—she’s never even meta. 😆

What’s up? Meta AI, which garners ~400 million active users each month, has received multiple new updates, including new voice and photo-sharing features.

What are the new features?

• Voice Interaction: You can now talk to Meta AI on Messenger, WhatsApp, Instagram DM, and it responds out loud. For added fun, users can also choose from celebrity voices like John Cena and Kristen Bell.

• Photo Sharing and Questions: Share photos with Meta AI, and it can answer questions about the images, like identifying objects or providing information.

• Photo Editing: You can request Meta AI to edit photos by changing backgrounds, outfits, or making other alterations.

• Business AIs: Businesses can easily train and use AIs to interact with customers, answer questions, offer support, and drive sales, improving customer engagement and conversion rates.

Why is this significant? Meta AI has been silently powering AI capabilities across multiple social platforms, like Instagram and Facebook. However, it doesn’t receive anywhere near the hype of Gemini or ChatGPT. This is mostly because Meta AI’s capabilities lag drastically behind those rival models. These updates are part of an attempt to catch up.

MARK ZUCKERBERG FACES DEPOSITION OVER COPYRIGHT INFRINGEMENT 👀

Zuckerberg should be used to this by now. After all, he’s been stealing data for years. 🤷‍♂️

What’s going on? Meta CEO Mark Zuckerberg is set to be deposed in a copyright infringement lawsuit brought by prominent authors, including comedian Sarah Silverman.

Want the details? The class action lawsuit, filed in California federal court, alleges that Meta illegally downloaded digital copies of books without compensation to train its AI models. Meta attempted to prevent Zuckerberg’s deposition by arguing that other employees could provide the same information, but Judge Thomas Hixson ruled against this attempt, stating that Zuckerberg is the “principal decision maker” for Meta’s AI operations and that there is sufficient evidence indicating his direct involvement in the company’s AI initiatives.

Why should you care? Copyright concerns have been emerging left and right, raising questions about who has the rights to intellectual property and how credit can be properly given to those who contribute original work used by the tech companies to train AI models. This particular case highlights how the leaders of these companies cannot escape these concerns and avoid accountability much longer, and the spotlight is on them to provide answers and solutions.

MONEY MONDAY 🤑

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