B Lab U.S. & Canada reposted this
What happens when a company like OpenAI—now worth as much as Goldman Sachs—shifts from nonprofit to for-profit? Can it still uphold its mission to "benefit all of humanity," or will profits take precedence over purpose? In his recent op-ed for The New York Times, Andrew Kassoy, co-founder and co-chair of B Lab Global, explores the challenges ahead for OpenAI, why becoming a public #benefitcorporation is just the first step in holding AI companies accountable to society, workers, and the planet—and why OpenAI needs more than good intentions to fulfill its potential for positive impact. From setting rigorous standards for transparency to drawing lessons from purpose-driven companies like Patagonia, Andrew lays out how OpenAI could lead the way in ethical AI—but only if it commits to real accountability. "Every day, by applying these same principles, thousands of certified #BCorps show that business can be a force for good to create high-quality jobs, rebuild strong communities and solve environmental crises — all while making money for investors. Surely OpenAI, with its ingenuity and newfound resources, can match their efforts." — Andrew Kassoy. 📰 Read the full op-ed here: https://nyti.ms/3Yn22yz #ArtificialIntelligence #AIEthics #OpenAI #BCorp #Sustainability B Lab UK B Lab U.S. & Canada B Lab Australia and Aotearoa New Zealand B Lab Africa B Lab Europe Sistema B