Skip to main content

Market Overview

'Godfather Of AI' Geoffrey Hinton Backs Elon Musk In Fight Against OpenAI's Restructuring: 'I'd Like To Stop Them From Completely Gutting It'

Share:
'Godfather Of AI' Geoffrey Hinton Backs Elon Musk In Fight Against OpenAI's Restructuring: 'I'd Like To Stop Them From Completely Gutting It'

Geoffrey Hinton, known as the “Godfather of AI,” has joined a growing chorus of experts and former employees urging regulators to block OpenAI's controversial restructuring plans.

What Happened: On Monday, Hinton took to X, formerly Twitter, expressing support for efforts to halt OpenAI's transition to a more profit-driven structure. 

"I like OpenAI's mission of ‘ensure that artificial general intelligence benefits all of humanity,' and I'd like to stop them from completely gutting it," he wrote.


See Also: Arm Aims for 50% Data Center CPU Market Share by 2025, Challenging Intel and AMD

The AI expert has signed an open letter addressed to California Attorney General Rob Bonta and Delaware Attorney General Kathy Jennings. The letter calls on regulators to intervene in OpenAI's plan to remove the nonprofit's controlling role over the company's direction.

"AGI is the most important and potentially dangerous technology of our time," Hinton added in a follow-up post. "OpenAI was right that this technology merits strong structures and incentives to ensure it is developed safely, and is wrong now in attempting to change these structures and incentives."


Subscribe to the Benzinga Tech Trends newsletter to get all the latest tech developments delivered to your inbox.

The letter, hosted on NotForPrivateGain.org, is backed by more than 30 signatories, including former OpenAI researchers, academics, and ethics leaders.

It argues that OpenAI's restructuring "would eliminate crucial governance safeguards" and violate the nonprofit's responsibility to prioritize public interest.

Why It's Important: OpenAI, which created ChatGPT, remains a leading force in artificial intelligence development.

The concerns raised by Hinton align with a lawsuit filed by Elon Musk, whose company, xAI, is now a direct competitor of OpenAI.

Critics say its shift toward a for-profit model—reportedly necessary to secure a $40 billion investment from SoftBank Group (OTC:SFTBF) (OTC:SFTBY)—risks undermining its original mission to develop AGI safely and ethically.

Microsoft Corporation (NASDAQ:MSFT), which has poured close to $14 billion into OpenAI, could face major consequences if regulators move to block the proposed restructuring.

OpenAI maintains that its nonprofit will remain intact and likened its new structure to public benefit corporations like Anthropic.

Read Next:

Image Via Shutterstock

Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

 

Related Articles (MSFT + SFTBF)

View Comments and Join the Discussion!

Posted-In: AGI artificial intelligence benzinga neuro Consumer Tech Elon Musk for-profitNews Tech

Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
SPAC
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com