zlacker

>>staran+(OP)
If OpenAI remains a 501(c)(3) charity, then any employee of Microsoft on the board will have a fiduciary duty to advance the mission of the charity, rather than the business needs of Microsoft. There are obvious conflicts of interest here. I don't expect the IRS to be a fan of this arrangement.

>>garris+EJ
Whenever there's an obvious conflict, assume it's not enforced or difficult to litigate or has relatively irrelevant penalties. Experts/lawyers who have a material stake in getting this right have signed off on it. Many (if not most) people with enough status to be on the board of a fortune 500 company tend to also be on non-profit boards. We can go out on a limb and suppose the mission of the nonprofit is not their top priority, and yet they continue on unscathed.

>>boh+MK1
> Experts/lawyers who have a material stake in getting this right have signed off on it.

How does that work when we're talking about non-profit motives? The lawyers are paid by the companies benefitting from these conflicts, so how is it at all reassuring to hear that the people who benefit from the conflict signed off on it?

> We can go out on a limb and suppose the mission of the nonprofit is not their top priority, and yet they continue on unscathed.

That's the concern. They've just replaced people who "maybe" cared about the mission statement with people who you've correctly identified care more about profit growth than the nonprofit mission.