CyrilXBT|Apr 29, 2026 03:22
SAM ALTMAN. 2017. UNDER OATH TO THE WORLD.
"OpenAI is structured as a nonprofit because we don't ever want to be making decisions to benefit shareholders. The only people we want to be accountable to is humanity as a whole."
OpenAI is now a for-profit company.
It has shareholders.
It has a $300 billion valuation.
It has investors expecting a return on that valuation.
The original founding documents said the nonprofit structure was not a formality.
It was the entire point.
The protection against exactly what happened.
@elonmusk argued in court that converting to for-profit violated the founding mission and the legal obligations that came with it.
The 2017 quote is the founding mission in Sam's own words.
The 2025 structure is the outcome.
You do not need anyone to tell you what to think about the gap between those two things.
The documents are public.
The quotes are real.
The conversion happened.
Courts exist for exactly this kind of gap.
Screenshot the 2017 quote.
Save it.
Come back to it every time OpenAI makes a decision that benefits its valuation over its mission.
Im with @elonmusk with this one!
Follow @cyrilXBT for more AI industry developments the mainstream is not connecting the dots on.(CyrilXBT)
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